job

Climate Economist

Overview

position

Full-time, permanent

location

Office-based, London, UK (note: remote working will remain in place until further notice)

salary

Competitive

benefits

Pension benefit, private health insurance, 25-days paid holiday + public holidays

Closing Date
Wednesday, 30th Jun 2021

Background

The FAIRR Initiative is a collaborative investor network established by the Jeremy Coller Foundation. Our mission is to build a network of innovative global investors who are focused and engaged on the risks linked to intensive livestock production and the need for industry transition. We produce thematic and individual company research on the financial impacts of environmental, social, and governance (ESG) issues, which inform our innovative, collaborative engagements with global food companies.

Our portfolio of market-leading products, such as Coller FAIRR Protein Producer Index™ and Coller FAIRR Climate Risk Tool™, help institutional investors identify trends and best-in-class companies to integrate into their stewardship activities and investment decision-making.

Working with over 250 investors representing c$38 trillion in combined assets, we use the power and influence of our network to support global food companies (retailers, brand manufacturers, livestock, fish, and dairy producers) as they build a more sustainable and equitable global food system.

About the role

We are looking for an experienced and enthusiastic candidate with at least five years of relevant experience to join our team. The candidate will assume primary responsibility for developing and managing the Coller FAIRR Climate Risk Tool (CRT/Tool), the market’s first TCFD-linked climate scenario analysis tool for the meat sector. It helps investors assess the potential downside risks and upside opportunities related to 40 of the largest global animal protein companies in a 2-degree world and factor this forward-looking analysis into their stewardship and portfolio management.

This newly created role will be crucial in supporting both investor and corporate strategies to drive towards a protein transition aligned with a 2-degree world. This is an exciting opportunity to join an innovative, ambitious and growing team and lead our work on climate transition in the protein sector.

Key responsibilities

Lead development of the next phase of the CRT by working with experts to:

  • Further develop the current model to incorporate other relevant risks and opportunities in biodiversity, deforestation, land use management, and water resource management.
  • Extend the model’s applicability to other protein sources (such as aquaculture and dairy).
  • Build financial/economic assessments of risk (including linked extreme weather events) to assist companies and investors in using the tool to understand risk, impact, and uncertainty for the sector under different temperature scenarios.
  • Integrate the economics of climate policy, including how national and sectoral targets and other interventions will impact profitability in the sector.

Become FAIRR’s primary expert on climate risk:

  • Provide technical guidance to other teams and act as the main point of contact for investors and companies on climate risk.
  • Work with investors and companies to provide feedback (in an advisory capacity) on their internal models and ensure further integration of the CRT and its underpinning principles by our network.
  • Develop FAIRR’s view on a transition pathway for the protein sector using the economics of the agri-food sector and its main growth drivers.

Provide general administrative and research support to other relevant initiatives within FAIRR:

  • As a fully collaborative and relatively small team, you may also be required to work with other parts of the FAIRR team on ad hoc research requests, documents, events, or other tasks as required.
  • Supporting outreach to attract new investors to the FAIRR network.
  • Establishing and maintaining relationships with investors and other relevant stakeholders.
  • Represent FAIRR in external interfaces, including speaking and media engagements. Post-pandemic, this role will require moderate travel.

Skills required:

  • Deep understanding of climate change science and its physical impacts, climate policy issues, including climate change mitigation and adaptation.
  • Experience with a mixture of qualitative and quantitative analysis to inform climate change and sustainability strategies for investors and corporates.
  • Experience translating climate change science and modelling into financial market implications under various policy and climate scenarios in collaboration with economists and financial experts.
  • Expertise in agricultural and food sectors and previous modelling or analysis of agriculture policy and sustainable natural resource use is strongly preferred.
  • Demonstrated ability to manage complex analysis and projects to influence decision-making in either a financial, corporate, or policy context.
  • Candidates with experience in climate change consulting will be strongly considered.
  • Familiarity with investor ESG and risk management approaches preferred, including portfolio management preferred. Strong project
  • management skills, including an ability to manage multiple projects with competing deadlines.
  • Demonstrable experience of interacting and working with senior business professionals and ability to engage and influence a wide range of stakeholders.
  • Graduate degree in Economics, Finance, Environmental Economics, Sustainable Development, Sustainable Finance, Development Economics or Environmental Sciences or relevant work experience.
  • Excellent communication skills and ability to translate complex analysis into a clear, compelling and actionable narrative.

How to apply

Interested applicants should email their CV and cover letter to [email protected] with the subject line, Application: Climate Economist. Please note that we will only be able to contact shortlisted candidates.

As part of the application process, you will be required to provide documentary evidence of your right to work in the UK.