Articles

Climate Risk Regulation Rundown: November 2022

What happened in climate-related financial regulation last month, and what’s coming up. Americas The US Securities and Exchange Commission (SEC) charged Goldman Sachs Asset Management…

Climate Risk Regulation Rundown: October 2022

What happened in climate-related financial regulation last month, and what’s coming up. Americas The US Securities and Exchange Commission (SEC) reopened the comment period for…

Creating Climate Transition Metrics that Matter

Creating Climate Transition Metrics that Matter

The climate metrics zoo is getting wilder. Increasing numbers of banks and other financial institutions are disclosing climate indicators and quantifying how their activities support…

Climate Risk Regulation Rundown: September 2022

What happened in climate-related financial regulation last month, and what’s coming up. Americas The Federal Reserve will conduct a “pilot climate scenario analysis exercise” of…

How Financial Firms Can Navigate Climate Tipping Points

Climate risks will not obey a steady and predictable pattern as the world heats up. Beyond certain temperature thresholds, abrupt shifts in the climate system…

Financial Institutions Should Wise Up to Climate-Related Sovereign Risks

Climate threats to sovereigns’ creditworthiness are on the rise. Are financial institutions on top of their exposures? Pakistan. China. Kenya. Each country is grappling with…

Climate risk regulation rundown: August 2022

What happened in climate-related financial regulation last month, and what’s coming up The US Securities and Exchange Commission (SEC) ended its consultation on a proposed rule to enhance ESG…

Rabobank’s woes herald a new phase in climate transition risk management

The creditworthiness of high transition risk borrowers may degrade as more ambitious climate policies are enacted Rabobank is the new poster child for climate transition…

Why climate models struggle with acute physical risks

Climate models have a major blind spot: they can’t see extreme weather-related risks. This is a big problem for financial institutions, since these kinds of…

GFANZ Wants to Whip Portfolio Alignment Metrics into Shape

Our climate future is unknown territory. Still, financial institutions want to plot a course to its coolest fringes. Hence the buzz over portfolio alignment metrics…