Carbon Tracker Unveils 2˚C Compliant Scenario Analysis Tool on Bloomberg App Portal

The Carbon Tracker Initiative, an independent financial think tank, announced today that its in-depth analysis of the impact of climate change on a company’s exposure to carbon transition risk is available through 2˚C Scenario Analysis Tool on the Bloomberg App Portal at {APPS TRACK <GO>}.

Bloomberg Terminal subscribers can now access the Carbon Tracker Initiative’s research that provides investors in the energy sector and commodities markets, or those with a focus on sustainable investments, insight into oil and gas companies’ upstream portfolios. The tool provides forward-looking quantitative indicators based on project-level data provided by Rystad Energy, an independent source of business intelligence data about the oil and gas industry, alongside Bloomberg market data.

The introduction of 2˚C Scenario Analysis follows the publication of climate risk disclosure recommendations by the Financial Stability Board’s (FSB) Task Force on Climate-related Financial Disclosures (TCFD) in 2017. The TCFD recommends that companies conduct regular climate-related scenario analyses, including a scenario that limits global warming to 2˚C. The app includes various indicators for select listed oil and gas companies, that users can incorporate into their assessments of resilience under carbon constrained scenarios.

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