FEEM online Workshop - Methodologies and Tools to Evaluate the Financial Impact of Climate-Related Risks and Opportunities
Despite being a complex challenge, the development of an effective methodology to evaluate the impact of climate on the company’s activity (and vice versa) is increasingly becoming a priority for firms and investors. As a consequence, the demand for disclosure of climate-related risks and opportunities is rapidly growing. Firms are responding by applying guidelines such as those of the Task Force on Climate-Related Financial Disclosures (TCFD, 2017) and the updated version of the Non-Binding Guidelines on Non-Financial Reporting of the European Commission (NBG, 2019). Besides, they are progressively implementing key initiatives from the European Action Plan on Financing Sustainable Growth such as the EU Taxonomy.
At the same time, think tanks, research centres, and data providers have proposed several tools and approaches to carry out such evaluations; hence, considerably widening the available instruments.
In this context, on November 20, 2020 Fondazione Eni Enrico Mattei, in collaboration with the Italian Sustainable Investment Forum and Nedcommunity, organises, for the third year, an online workshop where high-level international experts will present some of the most interesting methodologies and approaches in this field. The presentations will be followed by a virtual round table and a Q&A session to discuss the impact that these assessment methodologies may have on the financial sector and on the companies’ business activities.
This workshop is part of the FEEM/DeRisk-CO project, which aims at stimulating a debate on the importance of assessing and disclosing climate-related risks and opportunities and their impact on financial performance, with a particular focus on Italian businesses.