This workshop series for asset owners provides an opportunity for detailed discussion on why and how research on climate risk and the potential opportunities in the coming energy transition is acquired, analysed, and integrated into institutional investment decisions. Delivered via research presentations and small roundtable discussions, the workshops are a unique opportunity for peer-to-peer learning in a focused setting. Only asset owners (pension funds, insurance companies, endowments etc.) and their appointed investment consultants are invited to participate.
Key Themes
- A new era of climate-risk governance and investment strategy
- How scenario analysis can inform investment strategy
- Physical climate risk analysis
- Assessing opportunities in changing technology and the energy transition
A new era of climate-risk governance and investment strategy
The Financial Stability Board (the G20 body which monitors the global financial system) has published recommendations by its Task Force on Climate-related Financial Disclosures (TCFD) on corporate and investor disclosures across four key areas: governance, strategy, risk management and the metrics used when thinking about climate-related investment risks.
How climate risk scenario analysis can inform investment strategy
Portfolio-level climate risk scenario analysis methodologies will be addressed with reference to case studies of leading asset owners. Participants will consider how the lack of historical precedent for climate change creates challenges for scenario analysis and investment integration of climate risk models by portfolio managers. New data and analytical tools to support the integration of energy transition scenarios for different sectors and subsectors within existing multi-asset strategies will be discussed. Workshop attendees will be encouraged to share impact metrics to assess and report on portfolio climate risk integration for internal and external stakeholders.
Physical climate risk analysis
New datasets and analytical approaches to physical climate risk assessment will be discussed with reference to case studies in Canadian and global markets. Investor strategies for addressing flood and fire risk in North America will be considered, alongside responses to climate risk at energy and water intensive industries more directly affected by extreme heat and water scarcity. Alongside new physical risk data, workshop participants will evaluate strategies for integrating economic risk models with climate science and portfolio construction.
Assessing opportunities in changing technology and the energy transition
We now live in a world of rapidly transforming tech where the critical price of battery storage has now fallen almost to a level where electric vehicles can compete with internal-combustion engine vehicles. For investors looking to drive the energy transition, clean energy and transport technology plays have serious potential.
Sponsors
