I am delighted to be part of ‘Climate Asia‘s: Conversation of Change’ series. We explore various themes around the need for a transition towards a net-zero and circular economy, my career journey into the climate ecosystem, financed emissions and its significance in addressing climate change, strategies to contribute to sustainability efforts within the small business sector andContinue reading “Conversation of Change”
Author Archives: Utkarsh Majmudar
CEO changes and net zero plans
A recent news story attracted my attention: “Shell has abandoned plans to cut oil production each year for the rest of the decade, in a shift in approach to firmly target fossil fuels and increase payouts to shareholders under its new chief executive.” This got me thinking about the future of net zero. The effortContinue reading “CEO changes and net zero plans”
The EU and its Alphabet Soup
The European Union is awash with various regulations, standards and directives. And each one comes with its own confusing abbreviations. Here is a ready reckoner of these terms. CSDD: The EU’s Corporate Sustainability Due Diligence Directive (CSDD) is a legislative framework that obliges companies, including those in financial services, to demonstrate what action they areContinue reading “The EU and its Alphabet Soup”
The Case for Measuring Avoided Emissions
Japanese conglomerates like Panasonic, Hitachi, Daikin and other Japanese businesses have been at the forefront of a government-backed campaign to adopt a new metric to assess a company’s efforts towards achieving carbon neutrality goals. This metric is avoided emissions, sometimes called scope 4 emissions. It is based on the idea that investors should look beyondContinue reading “The Case for Measuring Avoided Emissions”
Climate Risk and Banks’ Credit Losses
Banks face two kinds of risks – risk from physical events and risk from transition to a net zero economy. A recent report in Bloomberg raises an important question about the time frame in which losses from loans made to high-carbon industries that contribute the most to global warming may become financially material for theContinue reading “Climate Risk and Banks’ Credit Losses”
