The JP Morgan chief’s annual missive sheds light on bank attitudes to transition risk, the low-carbon transition, and financial regulation Two influential papers grabbed headlines this week. The first was, unsurprisingly, the latest installment of the Intergovernmental Panel on Climate Change’s (IPCC) sixth assessment report. The second was JP Morgan chief executive Jamie Dimon’s annual letter to […]
Alex
Real Estate, TCFD, and Net Zero: How Asset Managers Can Get Started
Climate disruption is already affecting businesses in a myriad of ways, causing many companies to pledge net-zero goals. As climate awareness grows, investor demand has also increased for net-zero commitments from asset managers, specifically when it comes to real estate portfolios. For real estate asset managers, there are a number of climate risks and opportunities […]
Climate Disclosure and the SEC: Where Should Companies Begin?
April 4th, 2022 On March 21, 2022, the U.S.’s Securities and Exchange Commission (SEC) proposed a new rule that would require public companies to disclose climate-related information in their periodic SEC filings – including in their annual financial reports. If passed, the SEC’s proposal will have far-reaching consequences for all companies listed on U.S. exchanges. […]
Climate risk regulation rundown: March 2022
What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) issued a proposed rule on climate-related disclosures for publicly listed companies on March 21. If enacted, the rule would require companies to describe their governance, strategy, and risk management in relation to climate change in ways similar to those recommended by […]
Unpacking the ISSB’s Climate-Related Disclosure Standards
A global standard for climate-related disclosures is no longer a pipe dream. In March 2022, the International Sustainability Standards Board (ISSB) released a first draft of its general sustainability-related and climate-related disclosure standards. The ISSB sustainability standards have the potential to become the template for corporate ESG reporting around the world. The ISSB was founded […]
Weekly round-up: March 28-April 1
The top five climate risk stories this week 1) ISSB debuts climate disclosure standard The International Sustainability Standards Board (ISSB) issued draft climate-related disclosure requirements for public comment on Thursday — its first step toward establishing a global baseline of sustainability reporting for companies. The draft tells companies to describe their climate governance, strategy, and risk management […]
Manifest Climate, the leading Climate SaaS+ platform, raises $30 million to accelerate the climate transformation
Toronto, March 31, 2022 – Manifest Climate, the leading climate intelligence SaaS+ (software as a service) platform for public and private organizations, has completed a CAD $30 million Series A raise. The round was co-led by BDC Capital Women in Technology Venture Fund and Climate Innovation Capital, with participation from the slate of investors that […]
With Series A Funding, Manifest Climate Can Scale Approach To Helping Companies See Climate Change As A Strategic Issue
Canadian development bank backs tech start-up Manifest Climate
Signal and noise: the quest for meaningful climate disclosures
Regulators are pushing ahead with mandatory climate-related disclosure requirements, but how can they ensure banks’ reports aren’t full of ‘white noise’? There’s no denying it — banks’ climate-related disclosures are getting bigger. But are they getting better? The European Central Bank’s (ECB) latest stocktake on the substance and quality of such disclosures suggests not. The exercise, which […]