Climate Change Scenario Model, in partnership with BlackRock
The financial services industry has a crucial role to play in mitigating climate change. Over $300 trillion of infrastructure investment is required by 2050, representing a huge responsibility, as well as commercial opportunity. Simultaneously climate change brings tremendous risk to financial services firms – with potential tipping points in the value of assets held by financial institutions across a wide range of sectors.
Most financial institutions can’t understand and evidence the climate impact of their investments or the climate-related risk of their assets.
20 years of experience in advising governments, energy and financial institutions on energy transition and climate change, allowed Baringa to build a unique Climate Change Scenario Model which provides the insight that all financial services firms critically need.
In 2021 BlackRock acquired the Baringa Climate Change Scenario Model to enhance Aladdin Climate technology. Baringa and BlackRock have entered a long-term partnership to continue co-developing these models so they remain the market leading solution.
What the Climate Change Scenario model tells you;
What is my climate change risk? Based on my current balance sheet, how will the value of my assets and client’s asset change?
What is my climate impact? How are our activities and investments impacting the climate, and how does this compare with our peers?
What are my Climate-related opportunities? How can we reallocate what we invest in and fund to improve our impact on the climate at the same time as making commercial returns?
Related Insights
Future Blue Economies: activating sustainable growth
Find out how solving unique challenges in the multi-trillion-dollar blue economy can drive growth and sustainability.
Read more
Your roadmap for DORA day one compliance
With less than six months to go, the race to DORA compliance is on. Our day one roadmap identifies and prioritises critical actions you need to take within four of DORA's main pillars.
Read more
How superfund CROs navigate the AI double-edged sword
CROs must manage AI risks while seizing its opportunities.
Read more
Four steps to comply with the updated BCBS239 regulations
Banks have spent millions on BCBS239 compliance, but they aren’t yet in the clear. In case you missed it, the ECB recently published new guidance that updates the decade-old regulation. Here are the four actions that we recommend firms take to meet the latest BCBS239 rules.
Read more