Climate Risk
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…
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…
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…
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…
What Jamie Dimon’s letter says about Wall Street and climate risk
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…
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…
Weekly round-up: March 21-25
The top five climate risk stories this week 1) SEC proposes climate risk disclosure rule Publicly listed companies in the US would have to report…
Climate Risks, TCFD, and REITs
In his 2021 annual letter to CEOs, BlackRock CEO Larry Fink stated that “no issue ranks higher than climate change on our clients’ lists of…
Weekly round-up: March 14-18
The top five climate risk stories this week 1) Climate hawk Raskin withdraws as Fed nominee Sarah Bloom Raskin, President Biden’s pick to serve as…
Weekly round-up: March 7-11
The top five climate risk stories this week 1) Canadian banks set financed emissions targets Banks among Canada’s ‘Big Five’ followed the example of their US and UK peers…