RCP and SCP are two concepts that often appear in sustainability and ESG contexts, though they refer to different but complementary frameworks . Let’s break them down clearly and professionally RCP — Representative Concentration Pathways Definition: RCP (Representative Concentration Pathway) is a set of scientific climate scenarios developed by the Intergovernmental Panel on Climate Change (IPCC) . They describe possible greenhouse gas (GHG) concentration trajectories a

What is NGFS in terms of ESG/ sustainability? NGFS stands for the Network for Greening the Financial System . It’s an international coalition of central banks and financial supervisors working together to manage climate-related financial risks and mobilize finance to support the transition toward a sustainable economy . Overview Full name: Network for Greening the Financial System (NGFS) Established: 12, December 2017 Founded by: Eight central banks and supervisors, inc