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Climate risk has arrived on the balance sheet, and companies are already paying the price
Climate change was once treated as a future risk. For years, many companies placed it quietly in risk registers and long-term ...
Policymakers and financial institutions are underestimating climate risks that could undermine the global financial system, ...
Seen through an actuarial lens, the changing climate is not an ideology. It’s a risk management challenge already reshaping ...
Global supply chains are increasingly exposed to climate-related disruptions, revealing protection gaps in re/insurance and ...
Across much of the world, people still struggle to access even the most basic financial tools. Not because they lack demand, but because the digital and institutional rails that make modern finance ...
MUMBAI: The Reserve Bank is stepping into the climate data void. As concerns mount over the financial sector’s exposure to climate-related risks, India’s central bank announced the launch of the ...
This Technical Note on Climate Risk Analysis highlights that the financial sector in Canada is exposed to both physical and transition climate risks. Canadian regulators are working on advancing ...
Financial regulators said the Biden-era policy was superfluous. Democrats said it protected financial stability in an era of unpredictable weather. By Scott Dance and Stacy Cowley Scott Dance reported ...
That process of “getting the measurement right” is central to OSFI’s vision. Guideline B-15 is designed not only to promote ...
Some fear the world is fast approaching temperature levels where professional risk managers will no longer be able to offer cover for financial services. Günther Thallinger, a board member at Allianz, ...
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...
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