The top five climate risk stories this week 1) ‘Green repricing’ underway — BlackRock Investors’ hunger for sustainable assets is driving a repricing of green and carbon-intensive stocks, analysis by BlackRock shows. The $10 trillion asset manager published research showing how investments in green sectors — like IT — saw their relative returns increase in 2020, whereas […]
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Climate risk regulation rundown: January 2022
What happened in climate-related financial regulation last month, and what’s coming up US President Biden nominated Sarah Bloom Raskin, a vocal supporter of tougher climate-related financial regulation, to be Vice-Chair of Supervision at the Federal Reserve on January 14. Raskin wrote in the New York Times in 2020 that climate change “threatens financial stability” and has queried the Fed’s decision to […]
Executive Compensation and Climate Metrics: Could This Be the Solution We Have Been Waiting for?
As climate change issues become increasingly material to businesses, organizations everywhere are struggling to keep pace. Many are setting net-zero targets and revealing new long-term business plans for achieving those goals. This has led some businesses to wonder whether tying climate-related metrics to executive compensation could help them on their new paths to net-zero. Executive […]
Climate Governance 101
January 28th, 2022 In this webinar, we talk about the first steps businesses need to take to structure and provide oversight for your climate journey and tap into the benefits of the framework backed by 85% of global GDP. Sign up below to watch our discussion. Don’t be left behind. We’ll help you See Beyond! […]
What makes the RMA Climate Risk Consortium a different kind of banking alliance
The new group shows how financial institutions are evolving their approach to climate-related regulation and the opportunities it affords Climate-conscious banks are a clubbable bunch, as evidenced by the number of climate-specific alliances they have joined since the Paris Agreement was signed. While most of these groupings appear to serve the same overarching purpose, each […]
Weekly round-up: January 24-28
The top five climate risk stories this week 1) ECB launches climate risk stress test for banks The European Central Bank (ECB) fired the starting gun for its inaugural climate risk stress test on Thursday. Participating banks will have to gauge their resilience against three macro-financial scenarios covering shocks brought about by extreme weather and a sudden shift to […]
TCFD Governance White Paper – What Does Good Look Like
Good governance is the foundation of an effective climate response. An organization that gets governance wrong almost invariably makes bad climate decisions. Conversely, an organization with good governance can realize the power of its climate strategy and risk management, and is able to implement behavior-changing metrics and targets. Wherever you are on your climate journey, […]
TCFD: Lessons from the first five years, and where we are headed
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 […]
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. […]