8 A comprehensive strategy requires analytical tools
In recent years, the global financial community has become increasingly focused on addressing carbon risks and identifying green finance opportunities. Companies have become more familiar with analytical tools, which they have further refined. Analytical tools have grown in sophistication and relevance while incorporating traditional financial practices. Tools now include reporting frameworks that are harmonizing to the TCFD recommendations, carbon footprint methodologies that can examine supply chains, brown and green taxonomies using third-party data products, and a range of scenario analysis and stress testing assessments. Companies are using this information to evaluate their own business ...
