Philomathia Forum Startups Transform Sustainability

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1 Philomathia Forum Startups Transform Sustainability Colin Shaw, Director of Finance, Four Twenty Seven April Four Twenty Seven - All rights reserved

2 About Four Twenty Seven 2 Award-winning climate resilience research & advisory company Our mission: empower organizations to become more resilient through data-driven insights and solutions Based in San Francisco Bay Area, California founded in Finalist 2016 Best ESG Tool Award 2017 Four Twenty Seven - All rights reserved

3 Climate change challenges vary by sector 3 Government Understand and quantify impacts on public health, safety, and natural resources Development of localized adaptation strategy Understand adaptation and resilience investment opportunities Corporations Understand and monetize impacts on operations, supply chain, and distribution Disclosure of climate change risks to shareholders Integrate with enterprise risk management Identify opportunities Investors Understand physical climate change risks imbedded in investment portfolios Disclose approach to climate risk to key stakeholders (institutional investors) Respond to growing interest in ESG 2017 Four Twenty Seven All rights reserved

4 4 Data plays a key role in evaluating climate change risk Economic and trade data Geopolitical data Company data Demographic data Climate data Financial data 2017 Four Twenty Seven All rights reserved Climate Analytics

5 Example Project #1: California Heat Awareness Tool (CHAT) 5 Project 5A: Preparing Public Health Officials for Climate Change A Decision Support Tool (in progress) Project Goals: Respond to public health threat of more frequent and more severe heat waves Provide decision support for a range of public health practitioners in short-term (response) and long-term (planning) 2017 Four Twenty Seven - All rights reserved

6 6 CHAT Data Approach 2017 Four Twenty Seven All rights reserved

7 Example Project #2: Alameda County Climate Hazard Assessments 7 Project Sponsor: Project goals: Climate change chapter for each city that includes a climate hazard assessment and proposed set of adaptation measures Seven participating cities set out to use the climate change chapter differently depending on the status of their planning processes: Plan Climate Action Plan Local Hazard Mitigation Plan Other Plans Cities Emeryville Fremont Albany Livermore Piedmont San Leandro Hayward (Shoreline Realignment Plan) 2017 Four Twenty Seven - All rights reserved

8 Alameda County Data Approach: Six types of hazards 8 Floods and Sea Level Rise FEMA Flood Insurance Maps Adapting to Rising Tides projections Fremont Assets Exposed to 36 of Sea Level Rise Temperature and Rainfall Four Twenty Seven analysis of downscaled climate models Focus on trends, increasing incidence of extreme heat, rainfall variability Landslides and Wildfires US Geological Survey data California Department of Forestry and Fire Protection Source: Fremont Local Asset Data, OpenStreet Maps, Open Data and Alameda County Flood Control and Water Conservation District and BCDC. (2015). Adapting to Rising Tides: Alameda County Shoreline Vulnerability Assessment Final Report. Represented on Vizonomy Four Twenty Seven All rights reserved

9 Example #3: Climate Resilience Enterprise Support Tool (CREST) 9 Four Twenty Seven s climate risk management platform for corporations Facility & supply chain climate change risk assessment tool Used by management to: Identify the most exposed facilities and assets Support strategic resilience planning to avoid costly business disruptions Communicate climate exposure to company leadership and to external stakeholders Integrate climate change into company s enterprise risk management procedures 2017 Four Twenty Seven - All rights reserved

10 10 CREST Data Approach 2017 Four Twenty Seven All rights reserved Steinberg, Nik (2016). The sustainability blind spot: identifying and managing climate risk in global supply chains. GreenLeaf Publishing, Oxford, U.K. Print

11 11 Colin Shaw, Director of Finance