scholarly journals Briefing: task force for climate financial disclosures (TCFD) for the property and construction industry

2020 ◽  
Vol 5 ◽  
pp. 3 ◽  
Author(s):  
Renard Siew
Keyword(s):  
Climate Change ◽  
Data Collection ◽  
Best Practices ◽  
Construction Industry ◽  
Task Force ◽  
Direct Response ◽  
Main Contributor ◽  
Climate Risks ◽  
Financial Disclosures

The property and construction industry are known to be a main contributor to climate change contributing more than 40% of the world's emissions. In direct response to this, there has been a call for corporations to be more transparent and align themselves to the requirements of the task force for climate financial disclosures (TCFD). This paper seeks to provide a briefing on the requirements of the TCFD. It highlights common challenges faced by the property and construction industry in implementing TCFD such as the difficulty in integrating climate related risks and translating them into quantitative measures, lack of capability within the industry to understand the complexities of climate risks and data collection issues among others. Recommendations are proposed to address these issues including setting up an industry specific network to share best practices in TCFD, harmonisation of existing frameworks to include TCFD requirements and exploring opportunities for incentivisation and rewards for early movers. This paper will be useful to property and construction industry practitioners who are looking at aligning to the requirements of the TCFD.

A General Approach for Financial Quantification of Climate Change Risk for Enterprises

2022 ◽  
pp. 273-308
Author(s):  
Mahesh Gangaram Kanak ◽  
Sunita Purushottam
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Task Force ◽  
Manufacturing Sector ◽  
Climate Change Risk ◽  
Climate Action ◽  
Financial Disclosures ◽  
Development Goals ◽  
Climatic Impacts ◽  
Tackle Climate Change

Climate change is a major risk for the global economy. Increased frequency of climatic events coupled with unsustainable economic development without considering environmental & social aspects has resulted in runaway climatic impacts. It became evident for all stakeholders to work in unison; which led to formation of Task force on climate-related financial disclosures (TCFD). Financial quantification of climate risk is a new area to be explored & could be an effective measure to tackle climate change. This chapter provides a general approach for financial quantification of climate change risk for businesses to understand & prioritize climate action. Though the approach is limited to the manufacturing sector, it can be used with some modifications for other sectors. It will help find impacts that climate change could pose to supply chain using various tools & evaluation of its usefulness. As 'Climate Action' is part of Sustainable Development Goals; it will be useful to understand how integrating TCFD could help enterprises tackle climate change by localizing SDG-13 into their businesses.

scholarly journals Is Ubiquitous Technology for Needs Data Management a Game Changer in Humanitarian Arena?

2019 ◽  
Vol 11 (1) ◽  
pp. 83-97
Author(s):  
Punya Prasad Sapkota ◽  
Kashif Siddiqi
Keyword(s):  
Climate Change ◽  
Data Collection ◽  
Best Practices ◽  
Data Entry ◽  
Humanitarian Assistance ◽  
Dynamic Changes ◽  
The World ◽  
Collection And Management ◽  
Over Time ◽  
Game Changer

One in every 70 people around the world is caught up in a crisis (natural disasters, conflict, climate change, etc.) and urgently needs humanitarian assistance and protection according to the OCHA. The humanitarian community assists millions of people every year based on emerging humanitarian needs. Most of the time, the conditions inside the countries, once the humanitarian needs data is collected, are not very conducive and required simple ways to collect data like paper-based data collection with simple questions. This data is later entered into a database or spreadsheet using rigorous and time-consuming data entry efforts. Dynamic changes in needs of people; numbers of partners involved; the complexity of evolving processes; and emerging technologies over time has led to a change in processes for data collection and management. This article is an attempt to capture humanitarian data collection best practices and the use of different technologies in managing data to facilitate humanitarian needs assessment processes for the Syria crisis.

Disruption and damages: climate-related risks to the Australian oil and gas sector

2021 ◽  
Vol 61 (2) ◽  
pp. 395
Author(s):  
Stephanie M. Downes ◽  
Amy Steel ◽  
Enrico Favaro ◽  
Michael Wood
Keyword(s):  
Global Economy ◽  
Oil And Gas ◽  
Task Force ◽  
Climate Extremes ◽  
Climate Scenario ◽  
Low Carbon ◽  
Lower Priority ◽  
Climate Risks ◽  
Emissions Scenarios ◽  
Financial Disclosures

The oil and gas (O&G) sector has made significant commitment to reduce greenhouse gas emissions by decarbonising operations and transitioning portfolios to lower-carbon products. However, assessing the impacts of physical climate risks on assets and value chains has remained a lower priority, despite climate change consistently rated the highest risk to the global economy. Here we present selected case studies of the most relevant physical climate risks that impact key infrastructure across the O&G sector, now and in the future, with and without global abatement (that is, in high and low emissions scenarios). We focus on physical climate risks including sea level rise impacts on an offshore processing region, flooding and drought impacts in an onshore processing region, and highlight supply chain impacts on shipping and ports due to climate extremes such as cyclones. These risks all have the potential to have significant and adverse impacts on Australia’s O&G sector and have a direct impact on the ability of the sector to transition to a low-carbon future. We conclude with an overview of why and how companies should undertake climate scenario analysis for physical risks, in alignment with the Task Force on Climate-related Financial Disclosures.

A General Approach for Financial Quantification of Climate Change Risk for Enterprises

2020 ◽  
pp. 105-146
Author(s):  
Mahesh Gangaram Kanak ◽  
Sunita Purushottam
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Task Force ◽  
Manufacturing Sector ◽  
Climate Change Risk ◽  
Climate Action ◽  
Financial Disclosures ◽  
Development Goals ◽  
Climatic Impacts ◽  
Tackle Climate Change

Climate change is a major risk for the global economy. Increased frequency of climatic events coupled with unsustainable economic development without considering environmental & social aspects has resulted in runaway climatic impacts. It became evident for all stakeholders to work in unison; which led to formation of Task force on climate-related financial disclosures (TCFD). Financial quantification of climate risk is a new area to be explored & could be an effective measure to tackle climate change. This chapter provides a general approach for financial quantification of climate change risk for businesses to understand & prioritize climate action. Though the approach is limited to the manufacturing sector, it can be used with some modifications for other sectors. It will help find impacts that climate change could pose to supply chain using various tools & evaluation of its usefulness. As 'Climate Action' is part of Sustainable Development Goals; it will be useful to understand how integrating TCFD could help enterprises tackle climate change by localizing SDG-13 into their businesses.

A General Approach for Financial Quantification of Climate Change Risk for Enterprises

2022 ◽  
pp. 966-1002
Author(s):  
Mahesh Gangaram Kanak ◽  
Sunita Purushottam
Keyword(s):  
Climate Change ◽  
Global Economy ◽  
Task Force ◽  
Manufacturing Sector ◽  
Climate Change Risk ◽  
Climate Action ◽  
Financial Disclosures ◽  
Development Goals ◽  
Climatic Impacts ◽  
Tackle Climate Change

Climate change is a major risk for the global economy. Increased frequency of climatic events coupled with unsustainable economic development without considering environmental & social aspects has resulted in runaway climatic impacts. It became evident for all stakeholders to work in unison; which led to formation of Task force on climate-related financial disclosures (TCFD). Financial quantification of climate risk is a new area to be explored & could be an effective measure to tackle climate change. This chapter provides a general approach for financial quantification of climate change risk for businesses to understand & prioritize climate action. Though the approach is limited to the manufacturing sector, it can be used with some modifications for other sectors. It will help find impacts that climate change could pose to supply chain using various tools & evaluation of its usefulness. As 'Climate Action' is part of Sustainable Development Goals; it will be useful to understand how integrating TCFD could help enterprises tackle climate change by localizing SDG-13 into their businesses.

A Guidebook for National Development Banks on Climate Risk

2021 ◽  
Author(s):  
Maria E. Netto de A. C. Schneider ◽  
Rodrigo Pereira Porto ◽  
Maria Chiara Trabacchi ◽  
Signi Schneider ◽  
Sara Harb ◽  
...  
Keyword(s):  
Portfolio Management ◽  
Financial Risk ◽  
Task Force ◽  
National Development ◽  
Climate Risk ◽  
Climate Risks ◽  
Financial Disclosures ◽  
Development Banks ◽  
Lending Decisions

This guidebook provides national development banks (NDBs) a roadmap to integrating climate risk into their lending strategies and portfolio management in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures. The journey from little action on climate to becoming climate capable allows an NDB to better understand the financial risk to itself and its clients arising from climate change, and allows it to capture new opportunities. Making climate-informed investment and lending decisions and, in the long term, allocating capital in a manner that aligns with the global curbing of emissions is good business. This guidebook is written for those NDBs heeding the call to address the climate challenges in their countries as well as to raise awareness of the urgency to act on climate risks among those that are new to the topic. NDBs, as financial institutions, need to address the potential impacts on their existing and future portfolios and financial positions.

Preventing Opioid-Related Harms in the Construction Industry

2021 ◽  
pp. 104829112110081
Author(s):  
Cora Roelofs ◽  
Christopher Rodman ◽  
Richard Rinehart ◽  
Chris T. Cain
Keyword(s):  
Best Practices ◽  
Construction Industry ◽  
Trade Unions ◽  
Task Force ◽  
Construction Sector ◽  
Opioid Use ◽  
Training Module ◽  
Awareness Training ◽  
Building Trade ◽  
The Impact

The construction sector has been hit hard by the opioid crisis. We describe CPWR—The Center for Construction Research and Training’s recent efforts to address the challenges of opioid use in the construction industry. With support and guidance from the National Association of Building Trade Unions Opioid Task Force, CPWR undertook three projects to promote prevention and best practices for struggling construction workers. The first project focused on recommendations for communications that reframe stigmatizing narratives into effective messages about prevention solutions. The second project refined and distributed a one-hour construction worker opioid hazard awareness training module. The third project assessed opportunities and barriers for the expansion and improvement of existing union peer support programs to support workers through treatment and recovery. Additional resources, such as opioid hazard tool box talks, to help reverse the impact on the sector are also described.

Triage and resource allocation during crisis medical surge conditions (pandemics and mass casualty situations)

2020 ◽  
Vol 7 (1) ◽  
pp. 45-55
Author(s):  
Paul Hoehner ◽  
David H. Beyda ◽  
William P. Cheshire ◽  
Robert E. Cranston ◽  
John T. Dunlop ◽  
...  
Keyword(s):  
Resource Allocation ◽  
Medical Association ◽  
Health Professionals ◽  
Task Force ◽  
Position Statement ◽  
Mass Casualty ◽  
Medical Conditions ◽  
Direct Response ◽  
Allied Health Professionals ◽  
A Current

The Christian Medical and Dental Associations (CMDA) was founded in 1931 and is made up of the Christian Medical Association (CMA) and the Christian Dental Association (CDA). CMDA has a current membership of over 19,000 physicians, dentists, and other allied health professionals. During and in direct response to the pressing urgencies of the COVID-19 universal pandemic of 2020 the President of CMDA commissioned a special task force to provide current and future Christian reflection and guidance on triage and resource allocation policies during pandemics and other forms of crisis surge medical conditions (e.g., mass casualty situations). This is a condensed version of the CMDA special task force position statement. 

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