Climate News

Weekly round-up: July 25-29

The top five climate risk stories this week 1) Banks falling short of Paris climate goals Banks have to speed up their decarbonization efforts if…

Yes, the FSOC *is* a tool to address climate change

The regulatory body has an explicit duty to respond to emerging threats to the stability of the US financial system. Climate change is one such…

What OSFI’s Draft Climate Risk Guideline Means for Canadian Financial Institutions

On May 26, Canada’s federal financial regulator released a draft guideline that outlines how nationally regulated financial firms should both manage and disclose their climate…

Weekly round-up: July 18-22

The top five climate risk stories this week 1) OS-Climate unveils risk and investing tools A climate data initiative backed by Amazon, Microsoft, Goldman Sachs,…

How herd behavior could imperil the low-carbon transition

Financial stability risks could arise if banks and investors all take the same route to decarbonize their portfolios “When the herd moves, it moves.” UK…

How the TCFD Stacks Up Against Other Sustainability Disclosure Frameworks: A White Paper

There are plenty of sustainability disclosure frameworks for companies to adhere to when it comes to reporting their climate-related risks and opportunities. However, the Task…

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…

Weekly round-up: July 11-15

The top five climate risk stories this week 1) Republican officials threaten SEC climate rule Attorneys general from 24 Republican states are threatening legal action…

Weekly round-up: July 4-8

The top five climate risk stories this week 1) EU bank losses from climate shocks could hit €70bn European lenders face €70 billion of losses…

Has the backlash against financed emissions begun?

Climate finance tastemakers are pushing for financial institutions to put real-economy emissions reductions at the heart of their net-zero strategies “Financed emissions” are no longer…