Addressing corporate climate risks and opportunities is now too large of a task to be the sole domain of a single team. To effectively manage climate risks and opportunities, there needs to be buy-in and support from all levels of an organization. This is because the companies that succeed in managing and adapting to climate […]
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The 7 Steps to a Strong Climate Strategy
Building a comprehensive climate strategy is one of the most important actions a company can take to manage its climate-related financial risks and opportunities. While the best climate strategies are unique to an organization, all companies should follow these seven important steps when approaching climate management for the first time. 1. Identify climate-related risks and […]
Building Climate Resilient Portfolios: Considerations for Physical Risks
Discover the crucial role of climate risks in shaping investment strategies with Manifest Climate and Los Angeles Capital Management’s latest white paper. Learn how global warming pressures are impacting asset managers’ decision-making and why financial markets may be underpricing climate physical risks like extreme weather events, including floods and wildfires. Explore Los Angeles Capital Management’s […]
Climate Risk Regulation Rundown: August/September 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas On September 25, the US Securities and Exchange Commission (SEC) fined DWS Investment Management Americas, a Deutsche Bank majority-owned asset manager, USD$19 million for “materially misleading statements” concerning ESG investments. This marks the largest ESG-related enforcement action against an asset manager by […]
Assessing Climate Risk in Asset Management: A Conversation with Los Angeles Capital Management
October 25, 2023 As the impacts of climate change become more apparent, a growing number of asset managers recognize the threat these natural disasters pose to their portfolios and investment strategies. In response, many companies are developing and undergoing extensive processes to both identify and assess their climate-related financial risks. Manifest Climate and Los Angeles […]
SB 253 and SB 261: California’s New Climate Disclosure Rules, Explained
Corporate climate disclosure is the current focus of legislative bodies around the world. From the US Securities and Exchange Commission’s (SEC) proposed climate disclosure rule to the EU Commission’s Corporate Sustainability Reporting Directive, more companies are becoming subject to mandatory climate reporting. California, which is both a Democrat state and the US’s largest state economy, […]
Here’s What Investors Want to Know About Your Climate Governance
Corporate climate risk is not a simple mathematical equation: It’s also a qualitative concern that’s made worse or better by how an organization prioritizes and prepares for the realities of a changing climate. In the early stages of a climate journey, companies must understand the importance of good climate governance, which can make or break […]
Diving Into Corporate Climate Disclosure and Management Trends
September 20, 2023 As the world transitions to a climate-adjusted future, many organizations are beginning to acknowledge and address their financial risks resulting from climate change. To help respond to these issues and take action, companies are reporting their financially material climate-related information — including their climate governance processes, strategies, risk management practices, and metrics […]
How Technology Will Help Scale Corporate Climate Resilience
Is It Time to Bring Technology Into Your Climate Risk Discussions?
The scramble to meet intensifying investor expectations has led to a war on ESG talent. Yet few companies are giving enough thought to the role of technology in their climate journeys. Many may see investing in climate risk management technology as something for a later date, but this is a mistake. Companies at all stages […]