{"id":2694,"date":"2022-10-28T13:06:25","date_gmt":"2022-10-28T00:06:25","guid":{"rendered":"https:\/\/blogs.otago.ac.nz\/cefg\/?p=2694"},"modified":"2022-10-28T13:07:21","modified_gmt":"2022-10-28T00:07:21","slug":"2694-2","status":"publish","type":"post","link":"https:\/\/blogs.otago.ac.nz\/cefg\/2694-2\/","title":{"rendered":"CEFGroup&#8217;s Presentation to Stanford SFI Seminar"},"content":{"rendered":"<hr \/>\n<p style=\"text-align: justify\">CEFGroup&#8217;s <a href=\"https:\/\/www.otago.ac.nz\/accountancyfinance\/staff\/otago032953.html\"><strong>Professor Ivan Diaz-Rainey<\/strong><\/a>\u00a0and\u00a0<a href=\"https:\/\/www.otago.ac.nz\/accountancyfinance\/staff\/otago827229.html\"><strong>Dr Quyen Nguyen<\/strong><\/a>\u00a0presented to\u00a0<a href=\"https:\/\/www.stanford.edu\/\">Stanford University<\/a>&#8216;s Sustainable Finance and Investment Seminar today. They introduced how transition risk is measured and highlighted associated challenges with particular focus on corporate carbon footprints,<\/p>\n<p style=\"text-align: justify\">Diaz-Rainey and Nguyen showed that the application of machine learning algorithms to fill the carbon data gaps lead to improved prediction accuracy especially in Scope 1 and Scope 2 emissions. For Scope 3 emissions, firms\u2019 voluntary disclosures have measurement divergence and incomplete composition problems, and prediction accuracy is primarily limited by low observations in particular categories.<\/p>\n<p style=\"text-align: justify\">Finally, they used actual and predicted corporate carbon footprint data to examine US banks\u2019 exposure to climate transition risk using a bottom-up, loan-level methodology incorporating climate stress test based on the Merton probability of default model and transition pathways from the Intergovernmental Panel on Climate Change.<\/p>\n<p style=\"text-align: justify\">The presentation drew from several research projects of Diaz-Rainey and Nguyen, including their work with <strong><a href=\"https:\/\/www.emmi.io\/\">EMMI<\/a><\/strong>.<\/p>\n<p style=\"text-align: justify\">For more information, visit <a href=\"https:\/\/energy.stanford.edu\/events\/sfi-seminar-climate-transition-risk-measurement-challenges-ml-predictions-bank-stress-testing\"><strong>HERE<\/strong><\/a>.<\/p>\n<p style=\"text-align: justify\">For Stanford Precourt Institute for Energy&#8217;s upcoming events, visit <a href=\"https:\/\/energy.stanford.edu\/events\/upcoming-events\"><strong>HERE<\/strong><\/a>.<\/p>\n<p><a href=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-2695\" src=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1-1024x485.png\" alt=\"\" width=\"1024\" height=\"485\" srcset=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1-1024x485.png 1024w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1-300x142.png 300w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1-768x364.png 768w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1-500x237.png 500w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-1.png 1520w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a> <a href=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-2696\" src=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2-1024x493.png\" alt=\"\" width=\"1024\" height=\"493\" srcset=\"https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2-1024x493.png 1024w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2-300x144.png 300w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2-768x370.png 768w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2-500x241.png 500w, https:\/\/blogs.otago.ac.nz\/cefg\/files\/2022\/10\/Picture-2.png 1496w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/p>\n<hr \/>\n","protected":false},"excerpt":{"rendered":"<p>CEFGroup&#8217;s Professor Ivan Diaz-Rainey\u00a0and\u00a0Dr Quyen Nguyen\u00a0presented to\u00a0Stanford University&#8216;s Sustainable Finance and Investment Seminar today. They introduced how transition risk is measured and highlighted associated challenges with particular focus on corporate carbon footprints, Diaz-Rainey and Nguyen showed that the application of machine learning algorithms to fill the carbon data gaps lead to improved prediction accuracy especially [&hellip;]<\/p>\n","protected":false},"author":41694,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-2694","post","type-post","status-publish","format-standard","hentry"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/posts\/2694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/users\/41694"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/comments?post=2694"}],"version-history":[{"count":0,"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/posts\/2694\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/media?parent=2694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/categories?post=2694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.otago.ac.nz\/cefg\/wp-json\/wp\/v2\/tags?post=2694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}