Title: Integrating Energy Transition Scenarios into Credit Analysis
Duration: 1 hour
Join us to hear the highlights of our recently released report, “Connecting the Dots: Energy Transition Scenarios and Credit Quality”. Trucost produced this report as part of our commitment to the EU Commission funded Energy Transition Risk project. The project, spear headed by the 2 degree investing initiative, aims to develop key analytical building blocks to facilitate the integration of energy transition risk assessment in financial analysis. This report explores how energy transition scenarios and scenario adjusted financials could be integrated into credit models to determine whether there could be a material impact on a company’s credit quality.
Introduction
Topic 1: Overview of the Energy Transition Risk project, the challenges posed to investors from the disconnect between climate scenarios and financial models and the work of the consortium.
Topic 2: Trucost’s role in the project and the findings of our analysis.
Topic 3: Potential future directions for the integration of energy transition scenarios in credit modelling. Q&A
Jakob Thomä
Managing Director
2 degree Investing Initiative
Jakob Thomä is Managing Director of the 2° Investing Initiative. He co-founded the 2° Investing network in New York and Berlin and manages the think tank’s research on 2°C scenario analysis for financial institutions and companies.
Lauren Smart
Global Head of Financial Institutions Business
Trucost, part of S&P Global
Lauren is Managing Director, Global Head of Financial Institutions Business at Trucost, part of S&P Global. A leader in carbon and environmental risk analysis, Trucost assesses risks relating to climate change, natural resource constraints and broader ESG factors, enabling companies and financial institutions to understand their ESG exposure to these factors, inform resilience and identify transformative solutions for a more sustainable global economy.
Drew Fryer
Research Manager
Trucost, part of S&P Global
Drew is a research manager at Trucost, part of S&P Global, with a focus on next generation energy transition analysis for investors.
Cristiano Zazzara Ph.D.
Managing Director, Head of Risk Services EMEA
S&P Global Market Intelligence
Dr. Cristiano Zazzara is Managing Director and Head of Risk Services Relationship Management, focusing on key market stakeholders, including C-level Executives and Regulators. He is an expert in financial risk management with over 20 years’ experience at banks, government agencies, service providers, Universities and think tanks.
Cristiano joined S&P Global Market Intelligence from MSCI Risk Metrics where he was the Head of Market, Credit, Counterparty Risk and OTC Clearing Business for the EMEA Banking sector and Global Head of Credit Advisory Business for Buy-side and Sell-Side Institutions. Previously, he was Managing Director in the Research & Strategy Unit of Unicredit Group, Managing Director and Head of the Internal Rating Unit at Capitalia Banking Group, and General Manager of the Italian Association of Banking and Finance (ASSONEBB). Dr. Zazzara also served as a financial economist at the Fondo Interbancario di Tutela dei Depositi, where he was the Head of the Research Department.
Dr. Zazzara received a BSc in Economics & Business and a MSc in Banking from the University La Sapienza of Rome, and a PhD in Management (Finance) from the Swiss Federal Institute of Technology in Lausanne (EPFL).
Cristiano Zazzara Ph.D.
Managing Director, Head of Risk Services EMEA
S&P Global Market Intelligence
Dr. Cristiano Zazzara is Managing Director and Head of Risk Services Relationship Management, focusing on key market stakeholders, including C-level Executives and Regulators. He is an expert in financial risk management with over 20 years’ experience at banks, government agencies, service providers, Universities and think tanks.
Cristiano joined S&P Global Market Intelligence from MSCI Risk Metrics where he was the Head of Market, Credit, Counterparty Risk and OTC Clearing Business for the EMEA Banking sector and Global Head of Credit Advisory Business for Buy-side and Sell-Side Institutions. Previously, he was Managing Director in the Research & Strategy Unit of Unicredit Group, Managing Director and Head of the Internal Rating Unit at Capitalia Banking Group, and General Manager of the Italian Association of Banking and Finance (ASSONEBB). Dr. Zazzara also served as a financial economist at the Fondo Interbancario di Tutela dei Depositi, where he was the Head of the Research Department.
Dr. Zazzara received a BSc in Economics & Business and a MSc in Banking from the University La Sapienza of Rome, and a PhD in Management (Finance) from the Swiss Federal Institute of Technology in Lausanne (EPFL).