Save-the-Date – Symposium Carbon Risks and Financed Emissions

Invitation to the symposium

Carbon Risks and Financed Emissions of Financial Assets and Portfolios
– Quantification, Management and Reporting

02.07.2019 from 13 to 17 hours (Registration and Snacks from 12:30 hours)
at the TechQuartier, Event Space Hammermann (Platz der Einheit 2, 60327 Frankfurt am Main).

Register here

The transition process of the economy towards a Green Economy poses new challenges for investors, politics, supervision and the entire financial industry. In this context, the EU Action Plan calls not only for a reorientation of capital flows towards a sustainable economy, but also for adequate risk management and reporting. The question for investors and asset management is how best to deal with the associated risks and opportunities.

In this context, the BMBF-funded project “Carbon Risk Management (CARIMA)” provides an approach for the quantification, management and reporting of carbon risks arising in the transition process from a carbon-intensive to a low-carbon economy. At this symposium we will present our approach, which has been developed in exchange with financial practitioners, as well as a series of application-oriented tools. In addition, further presentations will provide exciting insights into the topic of “Carbon Risks and Financed Emissions”.

The Chair of Finance and Banking of the Faculty of Business Administration and Economics of the University of Augsburg in cooperation with the Association for Environmental Management and Sustainability in Financial Institutions (VfU) cordially invites you to this symposium. Please register using the link above. Please note that the event is in German language.

Method comparison climate risk tools

On November 22, 2018, an expert conference on climate risk tools was held in Frankfurt. The climate risk scanner of Ecofys, GCF, and Triple A Risk Finance, PACTA of the 2° Investing Initiative, ClimateXellence of the CO Firm, the Value at Risk of Carbon Delta, ISS Oekom, and the CARIMA concept were presented and their methods were compared to each other in an open discussion.

2nd Expert Workshop

On 23/10/2018 the second workshop of the CARIMA project took place in Frankfurt. The concept of the project was presented and critically discussed to the asset managers as a holistic approach and numerous possible applications for determining the carbon risk of shares, funds, bonds as well as at country and sector level were discussed.  Extensive application possibilities of the carbon risk factor in various areas such as hedging, stress testing, factor investing, best-in-class approaches or reporting were also reflected in detail.

We would like to thank the participants again for the interesting, critical and open discussion as well as for the numerous contributions to the improvement of the CARIMA concept and its applications.

1st Expert Workshop

On 10/04/2018 the first workshop of the CARIMA project took place in Frankfurt. The concept of the project was presented in its wholety to the Sustainable Finance experts present and critically discussed as well as the key aspects of evaluation of ESG databases and data selection, data scoring, portfolio and factor construction and numerous applications of the CARIMA concept in science and practice were reflected in detail.

At this point we would like to thank the participants once again for the interesting, critical and open discussion and for the numerous contributions to the improvement of the CARIMA concept.