We’re excited to announce a new partnership with XDI (Cross Dependency Initiative) and Climate Arc to develop new #physicalrisk and #adaptation capabilities that will introduce much needed transparency and accountability of corporations globally. Last week, Climate Arc launched #TransitionArc – a new one-stop tool to assess corporate transitions. The tool allows anyone to see where a company lies on the path to achieving key climate goals, including progress on greenhouse gas emissions, capital allocation, #governance, #policy engagement, and specific climate targets such as ‘net zero by 2030’. The new initiative involving XDI (Cross Dependency Initiative) and Resilient Planet Finance Lab @UniofOxford at the ECI aims to bring similar transparency and comparability by providing company level physical risk metrics covering the frequency of extreme weather disruption, insurance costs, supply chain effects and climate driven impairment to annual revenues. With this information, financial institutions can begin to fully embed these risks into financial decision-making and shift financial flows towards those businesses that support resilience. A preview of this work will be showcased at #NewYorkClimateWeek, with full integration planned for 2025.
About us
Our interdisciplinary research focuses on the complex processes of global environmental change, the exploration of sustainable solutions and motivating change for the better through partnerships and education.
- Website
-
http://www.eci.ox.ac.uk/
External link for Environmental Change Institute (ECI), University of Oxford
- Industry
- Research Services
- Company size
- 51-200 employees
- Headquarters
- Oxford
- Type
- Educational
Locations
-
Primary
Oxford, GB
Employees at Environmental Change Institute (ECI), University of Oxford
-
Neven S. Fučkar
Marie Sklodowska-Curie Individual Fellow, Departmental Tutor, and College Advisor at Environmental Change Institute (ECI), University of Oxford
-
Benito Müller
Managing Director at Oxford Climate Policy
-
Sam Hampton
Senior Researcher at the University of Oxford; Research Fellow at the University of Bath; and Senior College Lecturer at Keble College
-
Marina Topouzi
Centre for Research into Energy Demand Solutions at Environmental Change Institute (ECI), University of Oxford
Updates
-
Celebrating the first anniversary of the Resilient Planet Finance Lab, a research and impact accelerator at the University of Oxford. We develop and share analytics on #resilience and #adaptation for governments, financial institutions and regulators to radically upscale the #mobilisation of finance for #nature. To celebrate the first anniversary, we released a “candy store” of new analytical tools for #physicalriskassessment and #adaptation: - A synthesis of 25 adaptation #taxonomies from both non-state actors, nations and regional bodies (literally in one downloadable file!) and analyses of their commonalities and differences and a set of recommendations for future development: https://lnkd.in/e93aei-5 - A framework for integrating resilience within #transitionplans, building off the Transition Plan Taskforce (TPT) framework, and a set of indicators to measure progress of corporates on risk management and alignment, as well as an initial analysis of the Nature Action 100 companies: https://lnkd.in/eP3EFjks - Synthesised adaptation and nature #targets and #metrics from more than 30 different standards bodies and reports, including ISSB, TCFD and SASB. Updated with 2024 standards: https://lnkd.in/eKpwU-qr - Climate Data 111+ – a database of climate data for risk assessment, adaptation planning, policy, and resilient infrastructure. Each data source is described with a detailed and standardised set of attributes, ensuring that users can easily understand and compare the data. https://lnkd.in/eDei95-i Huge gratitude to our funders Climate Arc, NERC: Natural Environment Research Council, Oxford Martin School, and our partners. More exciting news to follow this week! Resilient Planet Finance Lab @UniofOxford Green Finance Institute Ingrid Holmes Shewly Choudhury Impax Asset Management United Nations Environment Programme Finance Initiative (UNEP FI) Paul Smith Mark Bernhofen Anna Freeman Roberto S. Andrey Levitskiy Benedikt Signer Federico Mazza Jenty Kirsch-Wood Rowan Douglas CBE Matthew Foote Marcia Toledo Sotillo Sabrina Nagel Puninda Thind Nick Moody Ekhosuehi Iyahen Meryam Omi Felix Preston Owen Grafham David Carlin Alice Anders Dr. Johanna Dichtl Emma Howard Boyd CBE Dr Nicola Ranger
-