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.
Check out Carbon Tracker's website for a new blog post on Carbon Budgets Explained with a short video animation to accompany - Visualising the Carbon Budget. This piece outlines the variables involved before calculating the size of the carbon budget and what this budget might mean for the fossil fuel sector.