/PRNewswire/ Echo Production, Inc., an integrated energy company, announced the appointment of Matthew B. Myers to the Board of Directors. He will be a.
cyan presents the candidates for the Supervisory Board
DGAP-News: cyan AG / Key word(s): Personnel
20.05.2021 / 08:30
cyan presents the candidates for the Supervisory Board
Munich, May 20, 2021 - This year s Annual General Meeting of cyan AG will be held virtually on Wednesday, June 23, 2021, at 10:00 (CEST). Under agenda item 10, an expansion of the Supervisory Board to five seats is proposed. Alexandra Reich and Trevor Traina will stand for election as new candidates at the Annual General Meeting. They are to add expertise and an international profile to the Supervisory Board.
Alexander Schütz, Chairman of the Supervisory Board of cyan AG: I am very pleased that with Alexandra Reich and Trevor Traina we can nominate highly qualified and experienced leaders to serve on the Supervisory Board. Both are a perfectly complementing the existing members on the Supervisory Board.
A new study published in the journal
Science, highlights the opportunity to complement current climate mitigation scenarios with scenarios that capture the interdependence among investors perception of future climate risk, the credibility of climate policies, and the allocation of investments across low- and high-carbon assets in the economy.
Climate mitigation scenarios are key to understanding the transition to a low-carbon economy and inform climate policies. These scenarios are also important for financial investors to assess the risk of missing out on the transition or making the transition happen too late and in a disorderly fashion. In this respect, the scenarios developed by the platform of financial authorities known as the Network for Greening the Financial System (NGFS) - a platform of over 80 financial authorities around the globe who take an active interest in advancing the transition toward a sustainable world economy - have been a major step to provide investors wi
IIASA
The way in which banks react to climate risks and uncertainty could impact financial stability as well as the world’s transition to a low-carbon economy. A new study by researchers from IIASA and the Vienna University of Economics and Business explored the role that banks’ expectations about climate-related risks will play in fostering or hindering an orderly low-carbon transition.
According to the study published in a special issue on climate risks and financial stability of the Journal of Financial Stability, banks and their expectations about climate-related risks – and especially climate transition risk stemming from a disorderly introduction of climate policies – play an important role in the successful transition to a low-carbon economy, as lower credit costs could make green (low-carbon) investments more competitive, allowing such investments to be made at scale. Depending on the timing and structure of implementation, climate policies could however also lead t