Retail is one the most important contributors to economic growth and development. The sector contributed approximately USD$20trn to the global economy in 2020 and is expected to grow to almost USD$30trn by 2025. The sheer volume of goods and products manufactured, stored, and distributed across retail supply chains also means that the sector will play […]
Product Trend: Climate Risk Management
How to Kick-Start a Climate Action Plan
Companies big and small are thinking about producing climate action plans. Some are under pressure to do so from regulators or shareholders, while others are being encouraged by large companies in their value chains. Many more businesses may be driven by their values or by more prosaic concerns, like protecting themselves from climate-related financial risks. […]
Your TCFD Journey in 3 Steps
The Task Force on Climate-related Financial Disclosures (TCFD) is a globally recognized framework that allows businesses to identify, manage, and respond to their climate-related risks and opportunities. The framework has broad buy-in from policymakers, world leaders, investors, and activists. Endorsed by the G20, many jurisdictions — including Canada, the US, and the European Union — […]
Climate Basics: Six Key Takeaways
This blog is based on a Manifest Climate webinar that was moderated by our CEO and co-founder Laura Zizzo and in conversation with climate strategists Adam Rochwerg and Peter Coxford. 1. Climate change is the greatest economic risk to society The risks of climate change have become so severe, influencing everything from natural ecosystems, to […]
Managing Climate Risks for Credit Unions
As climate change continues to impact the world, there is a growing recognition that physical and transition risks threaten credit unions and the wider financial system. Credit unions need to be aware of these risks and opportunities and incorporate them into their business and financial decision-making. Stakeholder awareness of these risks has grown substantially over […]
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 or small. Climate-related risks are categorized into two groups: physical and transition risks. Physical risks are those linked to extreme weather events and changing long-term climatic conditions. Transition risks are […]