Aaron Vermeulen’s Post

𝗛𝗮𝗿𝗻𝗲𝘀𝘀𝗶𝗻𝗴 𝗗𝗮𝘁𝗮 𝗳𝗼𝗿 𝗮 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 🌍🌱 Climate change is a global challenge that requires innovative solutions. Utilising data-driven insights, we can make informed decisions and expedite our efforts to combat climate change. At a recent workshop, hosted by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Digital Transformation (DTC), in partnership with Six Capitals ESG Advisory and 𝗧𝗲𝗮𝗺 𝗘𝘂𝗿𝗼𝗽𝗲 𝗔𝗰𝘁𝗶𝗼𝗻, we explored how to harness the power of data with experts from government, academia, civil society, and the private sector. 𝗧𝗵𝗲 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻𝘀 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗳𝗼𝗹𝗹𝗼𝘄𝗶𝗻𝗴 𝘁𝗼𝗽𝗶𝗰𝘀: • 𝗗𝗮𝘁𝗮-𝗗𝗿𝗶𝘃𝗲𝗻 𝗗𝗲𝗰𝗶𝘀𝗶𝗼𝗻 𝗠𝗮𝗸𝗶𝗻𝗴: Utilising data to identify climate risks and opportunities. • 𝗖𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗶𝘃𝗲 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀: Fostering collaboration to maximise the impact of data-driven solutions. • 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝘃𝗲 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝗶𝗲𝘀: Exploring emerging technologies to enhance climate modelling and prediction. 📖 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗵𝗲𝗿𝗲: https://lnkd.in/dwmCtDRn Let's work together to build a sustainable future. #ClimateAction #DataScience #Sustainability #Innovation #Collaboration #ClimateChange #GIZ #TeamEuropeAction #Sustainable #SixCapitalsESGAdvisory #ESGEducation

We are so excited to introduce the CSRD QuickStart Guide which empowers organizations to easily navigate their journey towards EU Taxonomy and CSRD disclosure reporting. It includes: 🔍 Comprehensive Coverage: From the latest IPCC scenarios to 90-meter grid resolution data, our starter pack offers the breadth and depth necessary for meticulous climate risk reporting. 📈 Forward-Looking Analytics: Leverage our historical baseline data and forward-looking projections to prepare for both current and future climate conditions, enabling proactive decision-making. 🔄 Seamless Integration: Streamline your reporting workflows with our EUT & CSRD reports that populate automatically based on the EU Classification Dashboard, ensuring efficiency and accuracy. Ready to take the next step in CSRD reporting? Find out more about CSRD QuickStart from Jupiter here: https://lnkd.in/gsUxaRQQ #ClimateRisk #CSRD #EUTaxonomy #Sustainability #ClimateData

S&P Global announced today the launch of the S&P Global Climate Center of Excellence, a group of world-class scientists and strategists that will advance S&P Global’s work on long-term climate, environmental, and nature research and methodology development. I believe this is a great step forward to develop and validate ESG data science, and accordingly contribute to the integrity of sustainability reporting, and KPIs and climate-change risk assessment and monitoring for sustainable investments and sustainability-linked lending. #sustainability #sustainablefinance #sustainableinvestments https://lnkd.in/dGwWDXQh

𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐃𝐚𝐭𝐚 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 🌍 In today's rapidly changing world, understanding and leveraging climate data is crucial for businesses and policymakers. Climate data research provides valuable insights into environmental impacts, helping organizations make informed decisions to mitigate risks and drive sustainability. 🔍 𝐊𝐞𝐲 𝐀𝐬𝐩𝐞𝐜𝐭𝐬 𝐨𝐟 𝐂𝐥𝐢𝐦𝐚𝐭𝐞 𝐃𝐚𝐭𝐚 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡: 𝐄𝐦𝐢𝐬𝐬𝐢𝐨𝐧𝐬 𝐓𝐫𝐚𝐜𝐤𝐢𝐧𝐠: Monitoring Scope 1, 2, and 3 emissions to understand and reduce carbon footprints. 𝐑𝐢𝐬𝐤 𝐀𝐬𝐬𝐞𝐬𝐬𝐦𝐞𝐧𝐭: Identifying climate-related risks and opportunities to enhance resilience. 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Ensuring alignment with global standards and frameworks like TCFD and the Paris Agreement. 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐑𝐞𝐩𝐨𝐫𝐭𝐢𝐧𝐠: Providing transparent and accurate data for stakeholders and investors. By integrating climate data into strategic planning, organizations can not only meet regulatory requirements but also contribute to a sustainable future. Let's harness the power of data to combat climate change and promote environmental stewardship. 𝐋𝐞𝐚𝐫𝐧 𝐦𝐨𝐫𝐞: https://lnkd.in/dWhUMS8e #ClimateData #Sustainability #ESG #ClimateChange #NetZero

With the recent #SEC climate-related disclosure regulations, it is useful to recall this Dec 2023 article outlining how climate can financially impact businesses. 78% of investors want companies to prioritize #ESG efforts even if there is a short-term financial impact. Not surprising since 85% of consumers alter their buying behavior toward sustainability. LACONIC’s SADAR Natural Capital Monetization (NCM) platform provides a safe, objective place for accurate carbon-linked data for the entire #carbonmarket ecosystem. Carbon originators and investors can have access to accurate environmental data to make better informed decisions. https://lnkd.in/gXQp6hnE #environmentaldata #climate #carbonmarkets #netzero #SADAR #naturalcapital

Navigate Climate Risk Disclosures with Ease using CSRD QuickStart by Jupiter! Introducing CSRD QuickStart from Jupiter – Empowering organizations worldwide to start on their journey towards EU Taxonomy and CSRD disclosure reporting. 🔍 Comprehensive Coverage - From the latest IPCC scenarios to 90-meter grid resolution data, our starter pack offers the breadth and depth necessary for meticulous climate risk reporting. 📈 Forward-Looking Analytics - Leverage our historical baseline data and forward-looking projections to prepare for both current and future climate conditions, enabling proactive decision-making. 🔄 Seamless Integration - Streamline your reporting workflows with our EUT & CSRD reports that populate automatically based on the EU Classification Dashboard, ensuring efficiency and accuracy. Ready to take the next step in CSRD reporting? Find out more about CSRD QuickStart from Jupiter here: https://lnkd.in/gsUxaRQQ #ClimateRisk #CSRD #EUTaxonomy #Sustainability #ClimateData

In a recent fireside chat at #ClimateActionConf24, Boon-Chye Loh, CEO of SGX Group, Baer Pettit, MSCI's President and COO, and Chitra Hepburn, Head of APAC ESG & Climate and Head of South & SEA discussed how data insights and industry collaboration can accelerate positive progress and mobilize capital towards net-zero goals. A preview of their insights include: - Climate concerns are now front and center for investors. But we’re still in the early stages of incorporating climate transition risks into security valuations and financial markets. - Providing more accessible investment platforms will be crucial for collective climate action. - Innovative tools and high-quality data are needed to model future paths and manage climate-related risks and returns. Keep posted for more takeaways from MSCI’s Capital for Climate Action APAC Conference: https://lnkd.in/gtG7iUFm #ClimateAction #SustainableFinance

The window of opportunity for transition finance is here and now. Follow SGX Group and MSCI Inc. on how capital can be mobilised for #climateaction.

Exciting Update: CDP and WWF Release Version 1.5 of Temperature Scoring Methodology 🌍 The CDP-WWF Temperature Scoring Methodology, a crucial tool for assessing climate ambitions, has been updated to version 1.5 as of September 2024. This methodology enables financial institutions and large corporates to calculate the temperature alignment of their portfolios or value chains - a critical step in aligning with long-term temperature goals like 1.5°C. Key updates in version 1.5: • Utilizes IPCC AR6 climate model scenarios • Enhances transparency on methodology purpose and limitations • Refreshes benchmarks with latest climate science Why it matters: • Translates corporate climate targets into a single temperature score • Assesses alignment with Paris Agreement goals • Used by CDP's Net-Zero Alignment Dataset and SBTi's framework The methodology follows a robust three-step approach: Target protocol: Converts individual emissions reduction targets into temperature scores Aligns company targets with emissions pathways for different warming scenarios (e.g. 1.5°C, 2°C) Produces a temperature score for each of the company's emissions targets Company protocol: Aggregates the temperature scores of a company's various emissions targets Considers the relative importance and coverage of each target Derives a weighted average temperature score for the overall company Portfolio protocol: Calculates the temperature score for a financial portfolio or corporate value chain Weights the temperature scores of individual companies based on their size in the portfolio/value chain Provides an aggregated temperature score reflecting the overall climate alignment Real-world applications: • BlackRock uses it to assess portfolio temperature alignment • HSBC implements it for climate risk management • Unilever applies it to evaluate supplier emissions This open-source methodology empowers financial institutions and corporates to: • Engage companies on target-setting • Compare ambition levels • Measure portfolio alignment with 1.5°C scenarios Access the full report: https://lnkd.in/dWYrQnp4 #ClimateAction #SustainableFinance #NetZero #CDP #WWF #ESGInvesting #ClimateInvesting #SustainableInvestments #CorporateSustainability

The new #StateofCDR report finds there is a gap between proposed levels of CDR & what is needed to meet the Paris temperature goal. Chapter 9 (led by William Lamb) of the report addresses this #CDRgap. CDRterra researcher Jan Minx of the Mercator Research Institute on Global Commons and Climate Change (MCC) gGmbH is one of the authors. Key insights: 🔸 Countries’ nationally determined contributions propose an additional −0.05 to −0.53 Gt of carbon dioxide (CO2) per year in conventional CDR (mostly afforestation/reforestation) by 2030, compared with 2020 levels of −2.1 (−1.5 to −2.7) GtCO2 per year. 🔸 So far, only 28 countries (counting the EU as one) have outlined their proposals for scaling CDR by 2050. If countries without proposals preserve current levels of conventional CDR, then an additional −1.9 to −2.3 GtCO2 per year may be realized by 2050, compared with levels in 2020. 🔸 Scenarios that limit global temperature rise to 1.5°C by dramatically reducing emissions while sustainably scaling CDR imply that an additional −1.0 to −2.9 GtCO2 per year of CDR is needed by 2030, and an additional −2.3 to −7.4 GtCO2 per year by 2050, compared with levels in 2020. 🔸 There is therefore a CDR gap between national proposals and most scenarios consistent with the Paris temperature goal. However, the most ambitious proposals are close to the CDR levels required in a scenario where CDR requirements are minimized. 🔸 The CDR gap is not a fixed quantity, but a range that reflects uncertainties and different judgments with respect to how society chooses to mitigate climate change. A critical uncertainty is how to consider the fact that global emissions did not decline in recent years, as was projected in scenarios. This implies that the CDR gap may be significantly larger than currently estimated ❗ Contributors to this chapter were among others: CDRterraspokeswoman Julia Pongratz & Clemens Schwingshackl ,Ludwig-Maximilians-Universität München, Matthew GIDDEN International Institute for Applied Systems Analysis (IIASA), WWF, Holly Jean Buck University at Buffalo, Felix Schenuit Stiftung Wissenschaft und Politik (SWP), Smith School of Enterprise and the Environment - University of Oxford Find out more on the SoCDR report: 👉 https://lnkd.in/dnFeZj4i