Climate Risk
Climate Change Tops Global Risks, SEC Rule Slated for April, and More
The top five climate risk stories this week. Climate change tops global risks — report Failing to stop climate change is the most severe risk…
Climate Risk Management, Glencore’s Coal Production, and More
The top five climate risk stories this week. Many companies don’t factor climate in risk management — survey A recent survey by the Institute of…
Insurers Attack Treasury’s Data Probe, New York Issues Climate Risk Guidance, and More
The top five climate risk stories this week. US insurers attack Treasury’s climate data probe The US insurance industry is opposing a request from the…
Australia’s Climate Disclosure Rule, HSBC Halts New Oil & Gas Financing, and More
The top five climate risk stories this week. Australia kicks off climate disclosure rulemaking The Australian government is seeking public input on climate disclosure requirements…
Vanguard Exits NZAMI, Federal Reserve Unveils Climate Risk Guidance, and More
The top five climate risk stories this week. Vanguard exits Net Zero Asset Managers initiative The world’s second-largest asset manager has quit a leading climate…
Banks Lag on Physical Risk Management, Extreme Weather Losses Hit $260bn, and More
The top five climate risk stories this week. Stress test reveals Australian banks’ climate risk exposure Climate change may render Australian banks less resilient to…
Canada Banks Failing on Net-Zero Goals, Goldman Sachs Charged for ESG Failures, and More
The top five climate risk stories this week. Canada banks failing on net-zero goals None of the six largest Canadian banks are on track to…
Climate Scenario Exercises Lowball Risks, CPPIB Will Dump Net-Zero Laggards, and More
The top five climate risk stories this week. Climate scenario exercises lowball risks, global regulators say Climate risks to the financial system are “likely understated”…
Regulating Net Zero Pledges, Few Banks Have 2030 Climate Targets, and More
The top five climate risk stories this week. Regulate net zero pledges, UN panel says Financial institutions’ net-zero commitments should be policed by national regulators…
GFANZ’s Transition Planning Framework, ISSB to Mandate Scenario Analysis, and More
The top five climate risk stories this week. ECB hikes banks’ capital charges over climate failings The European Central Bank (ECB) says some lenders saw…