Details
- Emerging Climate Regulations Globally
- Innovations in Climate Risk Insights
- Impacts of Climate Risk for Insurance as well as Banking, Retail CPG, Health Care & Lifesciences and Supply Chains
- How to Leverage Climate Risk Insights and GenAI to unlock Climate Resilience and Product Innovation
- Accelerate your ESG Climate Disclosures such as TCFD, CSRD and California Climate Laws.
Speakers
Post-event summary
The webinar titled “Climate Risk Masterclass: Use GenAI for Climate Resilience, ESG Disclosures & Innovation” hosted by EDM Council and Informatica, explored the critical role of data management and generative AI in enhancing climate resilience and ESG reporting. The webinar was led by industry experts:
- Levent Ergin, Chief Strategist for ESG Sustainability & Partnerships, Informatica
- Jason Lindauer, Senior Director, Global Head of ESG Products, Dun & Bradstreet
- Meredith Kalman, ESG Sustainability Data Lead, Deloitte
- Moderator: Jim Halcomb, Head of Product Management, EDM Council
The discussion emphasized the growing regulatory landscape, particularly the increasing mandates for ESG reporting across different regions, such as the US SEC’s climate disclosure rules and the EU’s Corporate Sustainability Reporting Directive. Meredith noted, “2024 is the year that corporations really need to become more serious about their ESG data collection and reporting.”
Jason introduced the Climate Risk Insights product, which combines Dun & Bradstreet’s extensive entity management data with leading geospatial and climate models to predict and mitigate climate risks. He stressed the significance of understanding both short-term and long-term climate impacts on businesses, exemplified by the devastating effects of Hurricane Ian in 2022.
Levent highlighted the importance of managing Scope 3 carbon emissions, which account for over 80% of a company’s carbon footprint. He explained Informatica’s Intelligent Data Management Cloud (IDMC) for ESG, which helps automate data collection, ensure data quality, and support comprehensive ESG reporting.
The panelists agreed on the need for a robust ESG data architecture that integrates various data sources, ensures data governance, and leverages AI for predictive analytics. They also underscored the importance of cross-functional collaboration within organizations to drive sustainability initiatives. The webinar underscored the need for companies to adopt advanced data management practices and technologies to meet regulatory requirements, improve sustainability, and enhance their resilience to climate risks.