12/09/2019 - CleanLaw Podcast

CleanLaw: Hana Vizcarra Interviews Erik Landry about Corporate Climate Scenarios and Strategic Resilience

For a full transcript of this conversation please click here.

In this episode our Staff Attorney Hana Vizcarra, speaks with Erik Landry, SM ’18 and research associate in the MIT Office of the Vice President for Research. They talk about energy companies’ use of scenarios in climate-related financial disclosure and discuss his new white paper Climate-Related Financial Disclosures: The Use of Scenarios.

“In 2017, the Task Force on Climate-related Financial Disclosures (TCFD), established by the G20 Financial Stability Board, provided a guiding framework and set of recommendations to promote that kind of consistency. However, the use of scenario analysis to describe the resilience of a company’s strategy, as recommended by the TCFD, still represents a significant challenge for companies. MIT, with its extensive experience in analysis of climate futures, saw this as an opportunity to shed some light on the task.”

Download the full MIT Report, Climate-Related Financial Disclosures: The Use of Scenarios, here.