US Banks Take Part in Climate Scenario Analysis, UK Pension Funds to Adopt Alignment Metrics, and More
The top five climate risk stories this week Six US banks to take part in Federal Reserve climate scenario analysis Wall Street banks will undertake…
How Financial Firms Can Navigate Climate Tipping Points
Climate risks will not obey a steady and predictable pattern as the world heats up. Beyond certain temperature thresholds, abrupt shifts in the climate system…
GFANZ May Splinter Over Legal Risks, NYC Finance Chief Rebukes BlackRock, and More
The top five climate risk stories this week GFANZ may splinter over legal risks US banks may walk away from the world’s largest climate finance…
US Hires Chief Climate Risk Officer, Financial Institutions Ramp up Climate Hires, and More
The top five climate risk stories this week US regulator hires chief climate risk officer US bank watchdog the Office of the Comptroller of the…
How to Kick-Start a Climate Action Plan
Companies big and small are thinking about producing climate action plans. Some are under pressure to do so from regulators or shareholders, while others are…
Financial Institutions Should Wise Up to Climate-Related Sovereign Risks
Climate threats to sovereigns’ creditworthiness are on the rise. Are financial institutions on top of their exposures? Pakistan. China. Kenya. Each country is grappling with…