Climate change has become a major concern for companies around the world with increasing pressure from shareholders to address critical Environmental, Social, and Governance (ESG) issues. S&P Global research shows that major global companies face up to 283 USD billion carbon pricing costs and a 13% earnings at risk by 2025.
Hear from S&P Global Data Scientist, Ming Yu, to see firsthand how you can use the Trucost Carbon Earnings at Risk dataset with the Marketplace Workbench to better understand what companies are most vulnerable to carbon pricing in order to quantify risk and financial impacts. In this video, we will preview:
- A pre-built notebook that shows how you can quickly import and load data packages of S&P Global 1200 companies broken out by sector and region
- Data munging and feature creation including calculating unpriced carbon cost as a percentage of EBITDA
- How to cluster data to see which companies, industries or geographies are most resilient or vulnerable to a medium carbon pricing policy
- Using the Trucost Paris Alignment dataset to see which companies are currently pursuing lower carbon standards
