The Financial Conduct Authority, FCA, has published a document entitled „Climate Data Webinars“. The document was drawn up by the Climate Financial Risk Forum’s (CFRF) working group on „Disclosures, Data and Metrics“ and presents numerous links to websites and documents which provide guidance in the disclosure of climate risks and green house gas emissions, and the use of metrics to assess climate-related risks, and other valuable information in the context of climate change risk assessments and disclosures. The documents are divided into the following three categories in accordance with three webinars previously held by the working group:
(1) Webinar 1: The limitations of portfolio climate data which discusses „common pitfalls in the use of portfolio climate data and a number of possible approaches“:
– Climate Data and Metrics Guide 2021
– Guides for the measuring and reporting of GHG emissions
– The disclosure gap and estimation gap
– Accounting for financed emissions
– The role of finance professionals in accounting for financed emissions
– Corporate Standard | Greenhouse Gas Protocol (ghgprotocol.org)
(2) Webinar 2: Forward-looking portfolio climate metrics which discusses the content, usefulness, and possible applications of such forward-looking metrics:
– Discussion paper on forward looking metrics
– Measuring portfolio alignment
– Measuring portfolio alignment (PAT)
– Measuring portfolio alignment technical considerations
– A Technical Review of Methodologies
– Understanding unwanted disincentives when using climate alignment methodologies
– The 2023 Climate Risk Landscape
– How to improve climate-related financial risk assessments
(3) Webinar 3: Climate data coverage which examines „the importance of achieving full portfolio coverage for key climate metrics, barriers to improvement and approaches to disclosure despite known limitations“:
– Measuring and reporting finances emissions (across asset classes)
– Investor expectations for Paris-aligned Accounts
– Do Corporate Carbon Emissions Data Enable Investors to Mitigate Climate Change?
– Summary webinar (from Research Affiliates)
– The Climate Risk Tool Landscape 2022 Supplement
– How to improve climate-related financial risk assessments (5.1.2)