In the era of ESG investing and green transitions, climate expertise is high on the corporate agenda. But with the ESG landscape evolving rapidly and the demand for sustainability talent at an all-time high, it’s difficult for companies to build and retain climate knowledge in-house. In this article, we explore why climate knowledge often fails […]
The IPCC Report’s Roadmap for Building Climate Resilience
Climate risks and impacts are projected to increase with every increment of global warming, according to the Intergovernmental Panel on Climate Change’s (IPCC) latest Synthesis Report. However, humanity still has an opportunity to prevent the worst of these by drastically reducing greenhouse gas (GHG) emissions and promoting climate-resilient development. The new report, which wraps up […]
Empowering Real Estate to Play a Critical Role in Addressing the Climate Crisis
What is the TNFD and how does it Fit into Climate Reporting?
Business risks and opportunities are shaped by all kinds of factors. A key development over the last decade or so has been the growing awareness of how environmental factors present financial risk to the global economy. This understanding informed the creation of the Task Force on Climate-related Financial Disclosures (TCFD) in 2015 and the Task […]
OSFI Canada’s New Climate Disclosure Rule
Canada’s Office of the Superintendent of Financial Institutions (OSFI) has released new climate risk rules for federally regulated banks, insurance companies, and pension funds. In the new guideline, dubbed B-15, the Canadian regulator says federally regulated financial institutions (FRFIs) will need to publicly disclose their climate-related financial information and develop plans to identify, assess, and […]
Climate Risk Regulation Rundown: February 2023
What happened in climate-related financial regulation last month, and what’s coming up. Americas On February 14, US President Joe Biden appointed Lael Brainard, a vice-chair of the Federal Reserve, to serve as director of the National Economic Council (NEC). Brainard was a climate hawk during her time at the Fed, making speeches on the importance […]
Hunting The Climate GigaCorn: The Next Big Winners In The Decarbonization Economy
Laura Zizzo: Five Things I Wish Someone Told Me Before I Became A CEO
The Link from Climate to Financial Risk
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 […]