Klimetrics

Klimetrics is based on the framework of the Intergovernmental Panel on Climate Change (IPCC), a United Nations body and uses the Representative Concentration Pathway (RCP) scenarios for atmospheric greenhouse gas concentrations from the latest IPCC Assessment Report.

Projections are based on CMIP5 (Coupled Model Intercomparison Project Phase 5) global GCMs (General Circulation Models).

Klimetrics provides information aligned with TCFD (Task Force on Climate-Related Financial Disclosures) framework and recommendations. TCFD recommends the use of scenario analysis to assess climate-related risks and opportunities and asks companies to report on the extent to which adequate governance, strategy, risk management, and metrics and targets are in place to address climate issues. A key part of the process is exposure to physical risks resulting from climate change that can be event driven (acute) or longer-term shifts (chronic) in climate patterns. Physical risks may have financial implications for organizations, such as direct damage to assets and indirect impacts from supply chain disruption. Organizations’ financial performance may also be affected by changes in water availability, sourcing, and quality; extreme temperature changes affecting organizations’ premises, operations, supply chain, transport needs, and employee safety.

Kania Advisors is formally supporting the TCFD framework and is included in TCFDs list of supporting companies in Information Technology sector category.

For more information see www.klimetrics.com or contact info@kaniaadvisors.com