April 20th, 2022 In this webinar, we discuss how many boards still struggle when it comes to climate change. That’s why it’s so important that they begin their climate journey with a well-thought-out and clearly articulated governance process in place. Sign up below to watch our discussion. Don’t be left behind. We’ll help you See […]
Alex
What the Proposed SEC Climate Rule Means (and Doesn’t Mean) for REITs
Download our white paper as we provide an overview of the proposed rule and how it could forever change how US-listed companies assess, manage, and disclose their climate-related risks. On March 21, the US Securities and Exchange Commission (SEC) released its long-awaited proposed rule for mandatory climate disclosure for issuers. The 500+ page document outlines […]
US regional banks team up to tackle climate risk
The Risk Management Association’s new consortium could reduce the climate change learning curve for smaller lenders Wall Street does not have a monopoly on banking in the US. While the biggest lenders hog the headlines, thousands of smaller entities quietly provide critical financial services to communities and companies all across the country. By one measure, […]
Climate is Beyond ESG
A summarized version of this blog can be found here. Environmental, Social and Governance (ESG) and climate considerations are regularly conflated, but there are important distinctions and connections between the two. In this blog we take a step back and lay out the differences between ESG and climate, and their connections with the Task Force […]
Lead with Climate: A Primer on ‘Climate, ESG, and the TCFD’
A more detailed version of this blog can be found here. Today’s investors have to understand how businesses are impacted by Environmental, Social, and Governance (ESG) and climate-related risks and opportunities if they are to make wise decisions. While ESG and climate are often conflated by companies and external stakeholders alike, there are important distinctions […]
Weekly round-up: April 11-15
The top five climate risk stories this week 1) Standard-setter launches net-zero target setting effort Financial institutions may soon have a new blueprint for setting credible net-zero targets. On Wednesday, the Science Based Targets Initiative (SBTi) released a “foundation paper” to help banks, asset managers, and other firms establish “quantitative net-zero targets linked with emissions reductions in […]
How to tackle net-zero target arbitrage
Many financial institutions have rolled out portfolio decarbonization goals. But the differences between them could be ‘gamed’ by carbon-intensive companies Net-zero target setting is all the rage in the financial sector. In recent weeks, four of the five largest Canadian banks have rolled out targets for select portfolios, while the laggard — Royal Bank of […]
Four Ways Climate Change Impacts Businesses
Climate change is a systemic risk. It is impacting all aspects of the global economy and poses challenges to each and every business — large or small. Climate-related risks are categorized into two groups: physical and transition risks. Physical risks are those linked to extreme weather events and changing long-term climatic conditions. Transition risks are […]
How Climate Change Can Create Opportunities for Businesses to Thrive
Businesses face many physical and transition risks from climate change, but also many opportunities. Through efficiency, innovation, and growth, businesses can take measures to ensure they thrive through their climate transformations. The Task Force on Climate-related Financial Disclosures (TCFD), a globally recognized framework for climate disclosures, can be used to help companies identify and capitalize […]
Weekly round-up: April 4-8
The top five climate risk stories this week 1) Green finance policies needed to tackle climate risk — IPCC The “systemic underpricing of climate risk in markets” could be tackled through innovative financing approaches, the latest paper from the Intergovernmental Panel on Climate Change (IPCC) says. The UN-backed body issued its report on climate change mitigation on […]