In an interview published by Pensions & Investments (P&I), Rémy Estran-Fraioli, Chief Executive Officer of Scientific Climate Ratings (an EDHEC venture), outlined how his agency is redefining climate risk assessment for institutional investors. The interview, titled “A Scientific Approach to Quantifying Climate Risk”, highlighted how Scientific Climate Ratings delivers forward-looking, science-based ratings that translate complex climate data into expected monetary…
Ethical Marketing News, a leading UK based news resource for marketers, highlighted the launch of Scientific Climate Ratings (SCR), the first agency fully dedicated to quantifying the financial materiality of climate risk. The report featured the agency’s coverage that offers more than 6,000 infrastructure assets that are accessible for free, and its scientific tools leveraging high-resolution geospatial data, proprietary climate…
Climate scenarios are essential tools for assessing the financial impacts of climate risks and taking resilience measures. These scenarios are no longer theoretical; they provide reliable insights for forward-looking financial decisions for investors and issuers. Scientific Climate Ratings leverages three main scenario categories chosen for their reliable characteristics: Orderly, Disorderly, and No Transition. 1- Orderly This scenario involves the immediate and…
Can a single rating truly capture the complex financial impact of climate risk across diverse scenarios, time horizons, and asset types? At Scientific Climate Ratings (SCR), an EDHEC Venture, we firmly believe that the variability of climate impact across sectors, geographies, and assets requires a more robust and academically grounded approach. Our objective is to move beyond mere exposure scores…
Climate risks are material financial risks. Yet, for a long time, the financial world has mostly reacted to climate threats as they happened. They also relied heavily on Environmental, Social, and Governance (ESG) reporting to demonstrate compliance and show that they are “following the rules”. However, this checklist approach is increasingly losing both relevance and credibility among investors and issuers,…