EP6: The Evolution of Data in Climate Risk Management

July 26, 2023

In order to become resilient to the financial risks of climate change, companies need to develop effective climate management. This requires clear, comparable, and robust climate data. But how does access to better data help companies enhance their climate management efforts?

In this episode, Host Laura Zizzo talks about the evolution of climate data and how this has enhanced companies’ climate resilience. To set the stage, Laura chats with Manifest Climate’s Product Content Director, Louie Woodall, who breaks down some of the top stories that Manifest Climate is following. Louie talks about the release of the International Sustainability Standards Board’s (ISSB) climate and sustainability rules and how recent data shows that climate targets aren’t strict enough to limit global warming to 1.5°C. He also discusses efforts to construct new short-term climate scenarios by the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) and an international standard that’s being created to monitor avoided (Scope 4) emissions.

Later in the episode, Laura speaks with special guest Joseph Lake, the Head of Strategic Initiatives at S&P Global’s Sustainable1. The two chat about how climate data has evolved, how it can help companies manage climate risk and move toward resilience, and what the emergence of AI means for climate data.

Climate Compass is a production by Manifest Climate, the leading Climate Risk Planning software.

What we discuss

0:38 Climate Trends Talk
1:22 ISSB releases climate and sustainability reporting standards
5:27 Climate targets not strict enough to cap global warming at 1.5°C
8:15 The NGFS explores the development of near-term climate scenarios
10:38 Coalition aims to finalize ‘Scope 4’ emissions calculation
11:50 Introducing: Joseph Lake, Head of Strategic Initiatives at S&P Global’s Sustainable1
15:33 Joseph’s career evolution, from an economist to a climate risk powerhouse
21:45 How Joseph has seen data and climate scenario analysis evolve 
24:11 How companies are understanding climate risk as business risk
30:01 How companies can make sure they’re effectively responding to climate risk 
34:36 How data can help companies move toward climate resilience
36:18 How climate data could evolve with the emergence of AI and machine learning

How Manifest Climate can help

Our leading Climate Risk Planning software helps companies supercharge their climate strategies. Manifest Climate’s technology is the world’s best at assessing climate disclosures and represents a single source of truth to guide your organization in the long term. Our software helps you save up to 75% of manual time and effort and up to 50% in costs. 

We analyze how organizations disclose their climate-related information and identify opportunities for improvement based on best practices. Our solution also provides insights into how your business’s disclosures stack up against industry peers, as well as expert takeaways on business-relevant climate trends that help your leaders make better decisions. Request a demo to learn more.


Laura Zizzo

Co-Founder & CEO
Manifest Climate

Louie Woodall

Product Content Director
Manifest Climate

Joseph Lake

Head of Strategic Initiatives
S&P Global Sustainable1