Giorgio leads the Analytical Development Group, part of S&P Global Market Intelligence’s Credit Risk Solutions. Full Bio

Giorgio leads the Analytical Development Group, part of S&P Global Market Intelligence’s Credit Risk Solutions. His team includes highly-skilled individuals with multiple qualifications in the financial and quantitative space (FRM, CFA, PhD) and develops all credit risk statistical models that power the Credit Analytics product.

Giorgio’s team developed several statistical models to assess credit risk of public and private companies, more recently including a trade-payment model that was used to succesfully monitor payment behaviour of SMEs during the 2020 pandemic.

On the climate-change front, Giorgio’s team developed two statistical models that estimate the financial and credit risk impact of energy transition scenarios on public and private firms:

• Climate Credit Analytics, developed with Oliver Wyman, offers a sector-specific, bottom-up approach for companies operating in carbon-intensive sectors.
• Climate Risk Gauge, developed internally, offers a consistent and scalable view across all industry sectors.

Giorgio regularly speaks at international credit risk conferences, webinars and events (RiskMinds, RISK EMEA, IECA). More recently, he authored a paper in the Journal of Energy Markets on the credit risk implications of various carbon tax scenarios (Journal of Energy Markets, Vol 13, number 2, pages: 1-24, June 2020) and spoke at several conferences (IRMC 2020, EDHEC 2020), panel discussions (“Navigating climate risk as a financial risk”) and webinars (“Tackling climate change for banks: the culture, the data and the analytics”) on banks’ challenges to implement climate-related stress testing scenarios, climate-related scenario analysis and credit risk assessment in TCFD reporting, and impact of various carbon tax policies on public companies credit-worthiness. Minimize

Esther Whieldon is a Senior Writer on the S&P Global Sustainable1 Thought Leadership Team and co-host of the S&P Global podcast ESG Insider.  Full Bio

Esther Whieldon is a Senior Writer on the S&P Global Sustainable1 Thought Leadership Team and co-host of the S&P Global podcast ESG Insider. Esther has worked at S&P Global for 14 years and was previously a Senior Reporter in the S&P Global Market Intelligence newsroom where she wrote about climate change, ESG and energy issues. Prior, Esther worked two years as a reporter at Politico and spent several years before that in the S&P Global Platts energy newsroom in Washington, D.C. Esther earned a bachelor’s degree in journalism from Washington Adventist University in Takoma Park, Maryland. Minimize

John T. Colas has worked in each of the world’s principal financial centers advising senior management in financial services and the public sector on critical matters of Full Bio

John T. Colas has worked in each of the world’s principal financial centers advising senior management in financial services and the public sector on critical matters of strategy, regulation, sustainability, climate risk, and risk and capital management. John serves as a co-leader of Oliver Wyman’s Global Climate & Sustainability Platform. He also serves on the Marsh McLennan’s Climate Risk & Sustainability Task Force and the ESG Committee.

John has provided project leadership across Oliver Wyman’s climate risk work, including assisting the United Nations Environment Finance Initiative (UNEP FI) and a Working Group of 16 leading banks to develop a framework to assess and disclose climate-related risks and opportunities. He co-authored the report, Extending Our Horizons: Assessing Credit Risk and Opportunity in a Changing Climate which sets forth a methodology to assess climate risk and help banks implement the recommendations of the Financial Stability Board’s (FSB) Task Force on Climate-related Financial Disclosures (TCFD).

John‘s recent work includes assisting the World Economic Forum‘s initiative on Financing the Transition to a Net Zero Future.

John serves as a member of the Climate-Related Market Risk Subcommittee (Climate Subcommittee) of the CFTC’s Market Risk Advisory Committee (MRAC). He serves as a member of the Climate-Related Market Risk Subcommittee of the CFTC’s Market Risk Advisory Committee (MRAC). John worked closely with this expert subcommittee in helping to author the report, Managing Climate Risk in the U.S. Financial System. He also serves on the GARP Sustainability and Climate Risk (SCR) Advisory Committee.

In addition to his consulting work, John leads Oliver Wyman’s development of Climate Credit Analytics, climate scenario analysis and credit analytics model suite, developed in collaboration with S&P Global Market Intelligence.

John graduated magna cum laude from The Wharton School of the University of Pennsylvania. He also studied at the Institut d’Etudes Politiques de Paris (SciencesPo). Minimize