Symposium: Carbon Risk Management & Financed Emissions Quantification, Management and Reporting of Carbon Risks

Dear Ladies and Gentlemen,

we would like to invite you to our symposium:


Carbon Risk Management & Financed Emissions
Quantification, Management and Reporting of Carbon Risks


02.07.2019, 12:30 – 17:00 Uhr
TechQuartier, Event Space Hammermann
Platz der Einheit 2
60327 Frankfurt am Main

The initiated transition process of the economy towards a CO2-neutral economy is associated with various and sometimes considerable risks and opportunities for the business models of practically all companies as well as the corresponding values of financial securities and securities portfolios. “Making carbon risks quantifiable and manageable is a key prerequisite for success as an investor, asset manager, lender and insurer in the coming years. At the symposium, current financial approaches will be presented that support an assessment of carbon risks and opportunities for various business segments and asset classes.

The event will focus on the capital market-oriented concept “Carbon Risk Management and Financed Emissions (CARIMA)” developed over two years within the framework of the BMBF’s “Green Economy” research programme, which can be used to measure, quantify and manage carbon risks and financed emissions. In addition, we are looking forward to numerous other presentations in the field of Climate Finance.

If you are interested, please register under the following link.
We are looking forward to an informative day with you.

Your CARIMA Team
of VfU and University of Augsburg

Registration

Program
12:30 – 13:00   Registration and snacks

13:00 – 13:05   Welcome by the organizers
Henrik Ohlsen, VfU & Prof. Dr. Marco Wilkens, Universität Augsburg

Keynote
13:05 – 13:50   Klimakrise: Status der globalen Erwärmung, Herausforderungen für Politik, Gesellschaft und (Finanz-)Wirtschaft
Prof. Dr. Peter Höppe, Chair, Munich Climate Insurance Initiative und
Experte für Naturgefahren, Klimawandel, Biometeorologie


CARIMA
13:50 – 14:35   Carbon Risks und Financed Emissions von Finanztiteln und Portfolios – Quantifizierung, Management und Reporting (CARIMA)
Prof. Dr. Marco Wilkens, Universität Augsburg

14:35 – 15:00   Coffee break

Impulse lectures
15:00 – 15:30   Use of climate-data for investment decisions and climate ratings of funds
Torun Reinhammer, Senior Account Managerin Investor Engagement, CDP

15:30 – 16:00    Risiken und Chancen der Transformation – am Beispiel von Hypothekendarlehen
Franziska Schütze, Researcher, Global Climate Forum

16:00 – 16:30   Fremdkapitalkosten von Unternehmen im Bereich Renewables und Fossil Fuels
Prof. Dr. Ulf Moslener, Professor für Sustainable Energy Finance, Frankfurt School of Finance and Management

16:30 – 16:45   Schlussbetrachtung: Was sollte und kann die Wissenschaft im Bereich Climate Finance zur Erreichung der Klimaziele leisten? 
Prof. Dr. Marco Wilkens, Universität Augsburg & Henrik Ohlsen, VfU

16:45 – 17:00   Networking and opportunity for personal Q&A with the CARIMA Team

Please do not hesitate to contact us if you have any questions or feedback!

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.