January 26th, 2022 In this webinar, Manifest Climate is joined by Curtis Ravenel, Task Force Member – TCFD Secretariat and former Global Head for Sustainable Business and Finance, Bloomberg L.P. to discuss what businesses need to consider when it comes to the TCFD, as the climate crisis intensifies and regulator and investor pressure grow. Sign […]
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Manifest Climate: A 2021-2022 Great Place to Work
Manifest Climate is delivering innovative climate solutions while putting its people first. We are proud to be recognized as a 2021 Best Workplace™ in Technology, a 2021 Best Workplace™ Managed by Women, and a 2022 Best Workplace™ Start-up. All awards, formally announced on November 16, 2021, December 7, 2021, and January 25, 2022, underscore our commitment […]
Weekly round-up: January 17-21
The top five climate risk stories this week 1) Citi sets portfolio emissions targets Citi joined Wall Street rivals Goldman Sachs, JP Morgan, and Morgan Stanley in publishing 2030 financed emissions targets as part of its plan to meet its net zero by 2050 commitment. Released Wednesday, the targets cover two portfolios: energy and power. […]
Climate Trends: Canada’s regulator challenges financial institutions to tackle climate risks
The Office of the Superintendent of Financial Institutions has a plan to harden banks, asset managers, and similar firms to the rigors of climate change This year promises to be one of transformational change for Canada’s financial sector. On January 14, the Office of the Superintendent of Financial Institutions (OSFI) published a wide-ranging plan to […]
US banks go their own way(s) on financed emissions
Portfolio carbon disclosures and targets have come to Wall Street, but good luck trying to compare them It’s boom time for professional number crunchers. Banks’ growing appreciation of climate risks has pushed many to scrutinize their financed emissions, which are those attributable to their portfolio assets. This in turn is nourishing a whole new field […]
Weekly round-up: January 10-14
The top five climate risk stories this week 1) Canadian regulator floats climate risk capital charges Canada’s financial institutions will be called on to bolster their capital cushions to guard against a disruptive climate transition, the country’s top federal regulator said on Monday. Peter Routledge, head of the Office of the Superintendent of Financial Institutions (OSFI), […]
What climate risks lurk in the shadows?
Private companies and ‘shadow banks’ may be incubating climate risks out of sight of financial regulators and traditional financial institutions “The brighter the light, the darker the shadow”. It’s a metaphor regulators would do well to contemplate in their efforts to harden the financial system to climate risks. As official scrutiny of the carbon-intensive exposures […]
Mastering TCFD Disclosures – A discussion with Verdantix
January 18th, 2022 In January, Manifest Climate is joined by independent research firm Verdantix to take a look at the explosion of support for the TCFD, the very real challenges that remain, and how companies should approach the allocation of their resources to lay the groundwork for climate success. Sign up below to watch our […]
How Will Investor Net-Zero Commitments Impact Businesses?
The Business Impact of Net-Zero Investing In September 2021, right before the UN Climate Change Conference (COP26), a record 587 investors with US$46 trillion in assets under management urged governments to rapidly implement five priority policy actions that would allow them to invest and allocate the trillions needed to respond to global warming effectively. The […]
Climate risk regulation rundown: December
What happened in climate-related financial regulation last month, and what’s coming up The US Office of the Comptroller of the Currency (OCC) published draft principles for large banks on dealing with climate-related financial risks. The principles, released December 16, are intended to help lenders identify and manage climate threats to their safety and soundness. For example, the principles say […]