21 June 2021Stargazing? Or have the NGFS and the Bank of England missed an opportunity to drive the race to net zero?
‘We are all in the gutter, but some of us are looking at the stars’, wrote the Irish playwright Oscar Wilde. The oft-quoted phrase came to mind when reading the influential reports by the Network for Greening the Financial System (NGFS) – a group of 91 central banks and supervisors that came with its second iteration of climate scenarios – and the Bank of England’s (BoE) second iteration of its Climate Biennial Exploratory Scenarios (CBES), both published this month.
22 April 2021Protecting the climate, saving the earth
Today, on Earth day, the Leaders’ Summit on Climate will underscore the urgency – and the economic benefits – of stronger climate action. It will be a key milestone on the road to the United Nations Climate Change Conference (COP26) this November in Glasgow.
At Ortec Finance, we will be monitoring the developments closely and of course will be including all the latest developments in our Climate MAPS & Climate ALIGN updates as companies and investors will have to adapt their own strategies and climate scenarios.
12 February 2021New Year, New US President - What does a Biden Presidency mean for climate action and what can we expect from the United States in the coming years?
New Year, New US Presidency. Never has objective information on where the world is heading in combination with comprehensive scenario analysis been more important.
04 February 20215 Ways Investors Can Seize The Opportunity of Net Zero
“We know that climate risk is investment risk. But we also believe the climate transition presents a historic investment opportunity.” Larry Fink, BlackRock, 2021
The global investment community is in agreement on the direction of climate action: Net Zero by 2050, which implies ensuring that your portfolio emits 7 – 10% less emissions each year from now until 2050. This is a big job, but a doable one. Here are five thoughts to help you on your way.
29 September 2020Ortec Finance contributes to NGFS occasional paper: Case studies of Environmental Risk Analysis Methodologies
Central bank network NGFS has recognized Ortec Finance’s Scenario Analysis for Systemic Climate Risk as one of tools that can be used to analyze the potential impact from transition and physical risks associated with climate and other environmental factors on financial institutions.
10 July 2020Climate Risk quantification for financial institutions
Two papers on climate scenario analysis for financial institutions, written in collaboration with the Institute and Faculty of Actuaries. These papers explore how scenario analysis can be used as a tool for forward-looking assessment of climate-related risks and opportunities for financial institutions.