MAVERIC (Material Assets Valuation: Estimating Risks and Impacts of Climate Change) is a Vinnova-funded project (under grant agreement 2022-01417) aimed at understanding how climate risk will impact the financial sector.
The semi-structured interviews were intended to gain a basic understanding of the consortium partners’ real estate portfolios and evaluation practices. Additional discussions were held in the MAVERIC advisory meeting in March 2023.
The brief addresses what climate risk is in the context of finance and the real estate sector, and why it should be disclosed. It then outlines the landscape of climate risk reporting initiatives and requirements. The authors conclude with reflections and a summary of potential trends in sustainable finance and corporate sustainability reporting in general, and specifically related to climate risks.
Design and development by Soapbox.