Event: Methodologies and tools to evaluate the financial impact of climate-related risks and opportunities

Event: Methodologies and tools to evaluate the financial impact of climate-related risks and opportunities

On 16 November, the Fondazione Eni Enrico Mattei will be hosting a workshop on methodologies and tools to evaluate the financial impact of climate-related risks and opportunities in Milan, Italy. Acclimatise’s CEO John Firth will be participating in a round-table discussion bringing together firms and investors to discuss their respective views on climate-risk disclosure and expectations on the associated financial impacts.

Visit the event website by clicking here.

Background to the event

As the demand for disclosure of climate related risks and opportunities scales up in the financial sector, firms are responding by implementing reporting frameworks following guidelines like the Recommendations set out by the Task Force on Climate Related Financial Disclosures (TCFD).

To improve the quality and transparency of climate information sought by investors, firms are looking for effective methodologies to improve their evaluation of the financial impacts of climate change in the medium/long run. Think-tanks and research centres have already begun elaborating and testing systems to reach these objectives, particularly for what concerns the energy transition risks and the physical risks related to climate change.

Through the participation of high-level international experts, the workshop will present some of the most interesting instruments and methods in this field. The workshop will also present the British approach to implementing the recommendations of the TCFD within the national disclosure guidelines, with the purpose of representing a valuable lesson for the Italian firms. The final session will discuss the role of the information that results from these tools for firms and investors.

The DeRisk-CO project, developed at FEEM, aims at mapping and evaluating such methodologies, so as to stimulate a scientifically founded debate on the relevance of disclosing climate information, and to give valuable insights for Italian businesses. This workshop is part of a series of events promoted by the Italian Sustainable Investment Forum (ItaSif) within the SRI week.

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