When climate science and business collide

When climate science and business collide

Investor pressure is growing for companies and financial institutions to assess and disclose their exposure to climate risks such as wildfires, sea-level rise, hurricanes and other extreme weather events. But in a new report, a handful of climate scientists in Australia warn that many existing climate models are extremely nuanced and were not designed with a business-specific application in mind.

In this episode of the ESG Insider podcast, we explore the challenges of using climate models in physical risk assessments. We speak with two authors of the report: Tanya Fiedler, who is a lecturer in the discipline of accounting at the University of Sydney, and Andy Pitman, a professor at the University of South Wales.

We also talk with Steve Bullock, Global Head of ESG Product Innovation and Analytics at S&P Global Trucost. Trucost assesses risks relating to climate change and natural resource constraints with aim of translating those climate models and other data into information companies can use. Steve says financial market participants need some insight into the magnitude of these risks so that they can begin to take action.

"Given the urgent need for action, having a blurry photograph of risk exposure is certainly better than having no visibility at all," Steve tells us.

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How GE Vernova uses electrification to drive energy access alongside decarbonization

How GE Vernova uses electrification to drive energy access alongside decarbonization

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Conservation International CEO on making the case for nature in the boardroom

Conservation International CEO on making the case for nature in the boardroom

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Why JPMorgan is looking at climate, energy and food system risks through a resilience lens

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In this special Climate Week NYC episode of the All Things Sustainable podcast, we sit down with Josh Parker, Head of Sustainability at technology giant NVIDIA.   NVIDIA develops chips, systems an...

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New York bank CEO talks affordability, AI and climate solutions at Climate Week NYC

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PRI interim CEO talks changing landscape for responsible investment

Climate Week NYC is underway, and the All Things Sustainable podcast is on the ground talking to leaders from across industries and around the world — including the global investor community. In today...

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As Climate Week NYC kicks off, energy, climate and national security converge

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Climate Week NYC is expected to convene more than 100,00 attendees for more than 1,000 events across New York City Sept. 20-27. We're kicking off our special daily podcast episodes with a topic that w...

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How a European bank aims to finance the transition to a more resilient economy

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Euronext Sustainability Week wraps up Sept. 18, and in this special episode to end the week, the All Things Sustainable podcast is talking to Triodos Bank CEO Marcel Zuidam.   Triodos is a Nethe...

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