September 20, 2023 As the world transitions to a climate-adjusted future, many organizations are beginning to acknowledge and address their financial risks resulting from climate change. To help respond to these issues and take action, companies are reporting their financially material climate-related information — including their climate governance processes, strategies, risk management practices, and metrics […]
Product Category: C23 Risk Management
Is It Time to Bring Technology Into Your Climate Risk Discussions?
The scramble to meet intensifying investor expectations has led to a war on ESG talent. Yet few companies are giving enough thought to the role of technology in their climate journeys. Many may see investing in climate risk management technology as something for a later date, but this is a mistake. Companies at all stages […]
Insights from a Corporate Climate Journey: A Discussion with Bridge Investment Group
August 15, 2023 Companies around the world are continuing to grapple with the ever-evolving regulations and investor expectations surrounding climate disclosure and management. But many don’t know where to begin on their climate journeys, how to address the growing threat of climate risk, and the steps to managing it. Additionally, many are still unsure how […]
What the ISSB Standards Mean for the TCFD and Climate Reporting
July 27, 2023 In June, the International Sustainability Standards Board (ISSB) published its inaugural disclosure rules, which are intended to become the global climate and sustainability reporting baseline. The standards fully incorporate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the voluntary climate reporting framework released in 2017. The release of these […]
EP6: The Evolution of Data in Climate Risk Management
In order to become resilient to the financial risks of climate change, companies need to develop effective climate management. This requires clear, comparable, and robust climate data. But how does access to better data help companies enhance their climate management efforts? In this episode, Host Laura Zizzo talks about the evolution of climate data and […]
Harness the Power of Climate Disclosure and Investor Trends
Data is essential to businesses’ efforts to build climate resilience and fulfill their low-carbon ambitions. It’s also vital for understanding how climate threats could imperil the wider economy and financial system. In July 2023, the Financial Stability Board — a global panel of regulators — said consistent, high-quality, and comparable data is crucial for monitoring […]
Why Accelerating Your Climate Strategy is a Competitive Advantage
More and more companies are developing corporate climate strategies and setting climate targets. For many organizations, risk is the central focus of these discussions as many wonder how to best mitigate the potential impacts of a changing climate and transitioning economy. Yet the upside of risk and uncertainty is opportunity. As climate-leading organizations are discovering, […]
Here’s Why C-Suite Leaders Can’t Ignore Climate Risk
As natural disasters cause mass destruction and evacuation worldwide, the risks of a changing climate are being felt far and wide. Yet in many cases, discussions in C-suite meeting rooms are failing to acknowledge the changes happening around us. Generally, there’s been less discussion around climate risk in industries that aren’t traditionally considered carbon-intensive. However, […]
EP5: How the Finance Sector Can Address Climate Risk
The impacts of climate change pose a massive risk to the financial sector. Companies that continue to invest, lend, or insure assets that fail to transition to a low-carbon economy or are highly exposed to natural disasters have the potential to lose significant capital. All this means firms need to actively manage their climate-related financial […]
Want to Tell a More Effective Climate Story? Here’s How
In the era of ESG investing and conscious consumerism, companies are pouring more resources into communicating their environmental targets and actions as part of their ‘climate story.’ Your company’s climate communications provide essential transparency and accountability into its climate-related risks and opportunities. But not all climate stories are effective, and publishing endless amounts of data […]