Climate Risk

For the financial service industry, climate change comes with tremendous risks and a crucial responsibility to reallocate capital towards the transition to a low carbon economy. Yet many financial institutions don’t understand their climate impact and the risks associated to what they finance.

At Baringa, we created an award-winning Climate Change Scenario Model which was acquired by BlackRock to enhance their Aladdin Climate technology. We entered into a long-term partnership with BlackRock to continue co-developing these models so they remain the market leading solution for managing climate risk and measuring temperature alignment at portfolio down to individual asset level. Today the models are used by clients with over $38 trillion of assets.

Our climate advisory and modelling expertise help financial institutions on;

  • Net zero commitments
  • TCFD and regulatory reporting
  • Investment and capital allocation strategies
  • Climate risk management