July 6th, 2022 In this webinar, we provide an overview of the climate risk guideline and what it means for Canada’s federally regulated financial institutions. Panelists discussed how companies can prepare to meet the supervisor’s expectations for Climate Risk Management and what tools and processes they should draw on to ensure they are fully aligned […]
Alex
The SEC Climate Disclosure Rule Should Align with the TCFD, Say US Companies
Over the last three months, hundreds of organizations and individuals have submitted comments to the US Securities and Exchange Commission (SEC) on its proposed climate risk disclosure rule. Many have made clear that they want it to align closely with the reporting framework established by the Task Force on Climate-related Financial Disclosures (TCFD). The SEC […]
Climate risk regulation rundown: June 2022
What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) is investigating Goldman Sachs Asset Management (GSAM) over mutual funds that incorporate ESG investing criteria, the Wall Street Journal reported on June 10. The probe may not necessarily result in enforcement action. A spokesperson for Goldman Sachs told trade publication Environmental […]
Laura Zizzo on the important role climate tech will play in supporting the global climate response
Wall Street takes on the SEC’s climate disclosure rule
Lobbyists see plenty wrong with the US regulator’s proposal to mandate climate risk reports Wall Street isn’t a fan of the climate risk disclosure proposal from the US Securities and Exchange Commission (SEC). Quite the opposite, in fact. Comment letters sent by bank lobby groups to the SEC are loaded with criticisms and calls for […]
GFANZ gets serious
The umbrella group of climate finance alliances has rolled out what could be a game changing new framework on transition plans Yesterday marked what could be a decisive turning point in the effort to marshal financial institutions in support of net-zero emissions goals. First, the UN-backed ‘Race to Zero’ (RtZ) campaign — an over 10,000 strong coalition […]
Manifest Climate has been selected to join Unreasonable CHANGE
Manifest Climate has been selected to join Unreasonable CHANGE, a new strategic collaboration between Accenture and Unreasonable, to support entrepreneurs building solutions to global sustainability challenges.
Unreasonable CHANGE is a three-year strategic collaboration, built on the shared belief that supporting social entrepreneurs innovating for a sustainable future, is not only a moral imperative but also an unprecedented business opportunity. Together, Accenture and Unreasonable believe that the level of systemic change we need to create a sustainable future is only possible through […]
Staying Current with Climate Change, hosted by RMA
June 6th, 2022 This session covered key trends in the climate change conversation. Panelists provided an overview of the climate risk management landscape and discussed important global initiatives and regulatory developments, including RMA’s comment letters to the OCC and Basel. The panel also forecasted the path ahead for the industry, including what may be on […]
Poor Sustainability Data May Hinder Canada’s Climate Transition
Canada has a sustainability data problem. Until it’s solved, financial institutions will struggle to efficiently allocate capital in support of the country’s climate transition. That’s the conclusion of a new report out of Queen’s University’s Institute for Sustainable Finance (ISF), a network of professionals from across academia, the private sector, and government. The institute said […]