Climate change is an increasingly powerful financial risk driver for organizations of all sizes. Physical risks — like extreme weather events — and transition risks — like changing climate policies — each have the potential to impact companies’ revenues, assets, and access to financing. Even organizations that appear financially healthy today may deteriorate rapidly as […]
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Emerging Technology’s Vital Role in Scaling Climate Competency
Beyond a Net-Zero Target: Why Climate Management Matters
As the climate transition accelerates, more companies are setting ambitious targets to zero out their emissions. While some are choosing to do this voluntarily, others are doing this in response to investor and regulatory pressures, which are mounting as awareness of climate-related physical and transition risks have grown. However, just because companies have set net-zero […]
Climate Disclosure is a Dialogue, Not a Declaration
Companies are increasingly under pressure to set targets that are in line with global climate goals and to get to grips with their climate-related financial risks and opportunities. This has led to a surge in disclosure of net-zero and climate transition plans, as well as an intense debate around how firms can fulfill them. The […]
What Makes a Decision-Useful Climate Disclosure?
February 15, 2023 Thousands of organizations claim to produce climate reports that align with the Task Force on Climate-related Financial Disclosures (TCFD). But how many of these reports contain actionable information that investors and other stakeholders can use to make critical decisions? Manifest Climate applied its unique methodology to 100 companies’ disclosures to find the […]
Why Good Climate Management is a Competitive Advantage
Climate change is having a significant impact on businesses, from higher energy costs to supply chain disruptions. Investors and regulators increasingly want to understand businesses’ resilience to climate risks since this will shape their future financial performance and competitiveness. The key to building climate resilience is good climate management. Businesses that have a handle on […]
Climate Risk Regulation Rundown: January 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas On January 19, the Federal Reserve released the plans for its first climate scenario analysis (CSA) exercise. The exercise will assess banks’ abilities to withstand climate-related physical and transition risks, including extreme hurricanes and disruptive climate policies. The Fed will also use […]
White Paper: Why the SEC Proposed Climate Disclosure Rule is a Game Changer
The US Securities and Exchange Commission (SEC) is ushering in a new era of climate-related disclosure. In April 2023, the agency is expected to finalize a new rule that will require all companies listed on US exchanges to include detailed climate-related information in their periodic filings. The rule, in part inspired by the Task Force […]
