Net zero metrics for financial institutions: considering both negative and positive climate impact
Announcement from the CFA Society Ireland:
Many indicators exist to measure the climate impact of companies. Most of them are focused on negative climate impact like carbon foot printing. To understand the climate performance of investment strategies, there are two major steps that cannot be skipped:
(I) go further than traditional climate impact metrics by looking at trajectories and valuing positive impacts and enabling companies
(II) question the impact of Investment strategies as much as the impact of underlying assets.
This presentation will present some tools and approaches in line with these objectives.
There will be an opportunity for Q&A at the end.
Manuel Coeslier:
Manuel Coeslier is lead Expert on Climate and Environment at Mirova since 2022. He has 8 years of experience.
Manuel has notably developed and managed the climate ambition strategy, a +400M€ equity strategy aimed at outperforming traditional market indices in a context of a transition to a less carbon-centric economy. He has been a member of the Technical Expert Group on Sustainable Finance at the European Commission where he notably contributed to the design of climate benchmarks (PABs). He is currently a member of GFANZ’s subgroup on portfolio alignment and responsible for Mirova’s climate alignment strategy.
Manuel holds a master’s degree in environmental economics from Mines ParisTech and a MSc in environmental engineering from IMT Atlantique. He started his career at 2°Investing Initiative and has then pursued his studies as a PhD candidate at Mirova (Ecole Centrale Nantes / Audencia business School). His research focus was on measuring the impact of investment portfolios on climate and the energy transition.