Publication / 04 Sep 2017

The Hidden Costs of China’s Coal-to-Chemical Sector

Trucost and Energy Foundation China provide market participants with a framework to stress test investments for environmental risk

Quantifying environmental externalities is one of the priorities in green finance development in China. Both Chinese and international policy makers are emphasizing the importance of stress testing environmental risks for investment, including the use of scenario analysis.

This report looks at the hidden environmental risks and financial implications in China from the bottom up, using the coal-to-chemical sector as an example. It presents an assessment framework to measure the hidden costs from seven risk factors under various scenarios and illustrates how investors could integrate this into existing risk and financial analysis:

  • Regulatory risks: energy standard compliance, environmental tax, national carbon emissions trading scheme, pollutant emission right trading system, water cap compliance, and water resource tax.
  • Physical risks: water stress.
28 January, 2020
Events Uncovering Business Value from Environmental, Social and Governance Factors, Webinar, 28th January 2020

More than ever companies are measuring and disclosing their performance around environmental, social and governance (ESG) issues. By doing this, companies are able to reduce financial risks and uncover business opportunities. Moreover, record amounts of capital are flowing towards companies who do good. In this webinar you will learn: • The current sustainability landscape...

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3 February, 2020
Events Green Finance Summit – Phoenix – 3 – 4, 2020

The GreenFin Summit follows a successful launch event in 2019. That invitation-only event brought together 100 corporate sustainability leaders, major public-sector pension fund executives and leading financial institutions, with over a trillion dollars of combined assets under management. The discussion broached vital topics in ESG that will be expanded upon at the 2020 Summit. Richard Mattison...

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Events Achieving Results: In Corporate Strategy Today & Materiality Assessment Workshop – Arizona – 22nd & 23rd January

The AHC Group “Achieving Results” leadership workshop series is a process of transformational corporate learning, featuring the experiences and innovations of our Senior Associates, clients, and many of our leading global Corporate Affiliate Program member organizations. Brian Werner – Head of Business Development NFC, Americas at Trucost, part of S&P Global will be speaking at this event. For...

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