This webinar presents the findings of recent research by Scientific Beta which shows a clear hierarchy from coal to natural gas, as reflected in the fossil fuels divestment policies of many investors, and notably illustrates the pitfalls of fossil fuels divestment policies by looking at the European Union's regulated Paris Aligned Benchmarks.
Overview
To avoid a climate crisis, the global economy needs to undergo a radical transformation, shifting out of fossil fuels and into renewable and low carbon energies. Investors, however, need to make clear distinctions between different types of fossil fuels - natural gas, coal, conventional and unconventional oils - as both the stranding risk they present, and the pace of their net-zero-consistent phase-out, differ widely.
In recent research, we show a clear hierarchy from coal to natural gas, which is reflected in the fossil fuels divestment policies of many investors, who implement discerning and escalating policies that support an energy transition consistent with science-based scenarios.
At this webinar, Erik Christiansen, ESG and Low Carbon Investment Specialist with Scientific Beta, presents the findings of this research and notably illustrates the pitfalls of fossil fuels divestment policies by looking at the European Union's regulated Paris Aligned Benchmarks.
Topics covered include:
Host
Erik Christiansen is an ESG & Low Carbon Solutions Specialist with Scientific Beta. He was previously Head of Investment Strategy with the Etablissement de Retraite Additionnelle de la Fonction Publique (ERAFP), the mandatory pension scheme for French civil servants, where he was responsible for implementing the equity and ESG strategies. He has also previously worked as a Methodology Coordinator and Analyst at Vigeo Eiris, the ESG rating agency. Erik holds a Master’s degree in Management from the ESCP Business School and is a CFA charterholder.
Date/Time:
Tuesday, 24 January, 2023 at 4pm CET / 3pm GMT / 10am EST.