Environmental activism has come a long way from rent-a-crowd unkempt youngies with dreadlocks standing in the way of bulldozers and sleeping in trees.
Check out this slick corporate spin under the heading: Climate Change and Financial Risk to Oil Capital Expenditure.
Don’t you just love it: carbon sense?
The PRI Initiative is inviting select media to attend a webinar presenting the recent Carbon Tracker report – Carbon Supply Cost Curves – Evaluating Financial Risk to Oil Capital Expenditure. The report assists investors to continue their engagement with companies over carbon asset risk. It introduces the concept of a carbon supply cost curve to global oil projects – highlighting that many make neither financial or carbon sense when stress-tested against demand, price and emissions scenarios. Additionally, an update will be provided on findings from a collaborative investor engagement with US and European energy sector companies which aims to assess the disclosure of climate impact by companies within the sector. The webinar is hosted jointly by the Principles for Responsible Investment (PRI), the Institutional Investors Group on Climate Change (IIGCC), Ceres and the Investor Network on Climate Risk (INCR).
Speakers will include:
Mark Campanale, Founder & Executive Director, Carbon Tracker Initiative
James Leaton, Head of Research, Carbon Tracker Initiative
Mark Lewis, Senior Analyst, Sustainability Research, Coordinator Energy Transition and Climate Change, Kepler Cheuvreux
Craig Mackenzie, Chair, Corporate Programme, Institutional Investors Group on Climate Change, and Head of Sustainability, Investment Solutions, SWIP, part of Aberdeen Asset Management
Ryan Salmon, Manager, Oil & Gas Program, Ceres