January 28th, 2022 In this webinar, we talk about the first steps businesses need to take to structure and provide oversight for your climate journey and tap into the benefits of the framework backed by 85% of global GDP. Sign up below to watch our discussion. Don’t be left behind. We’ll help you See Beyond! […]
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What makes the RMA Climate Risk Consortium a different kind of banking alliance
The new group shows how financial institutions are evolving their approach to climate-related regulation and the opportunities it affords Climate-conscious banks are a clubbable bunch, as evidenced by the number of climate-specific alliances they have joined since the Paris Agreement was signed. While most of these groupings appear to serve the same overarching purpose, each […]
Weekly round-up: January 24-28
The top five climate risk stories this week 1) ECB launches climate risk stress test for banks The European Central Bank (ECB) fired the starting gun for its inaugural climate risk stress test on Thursday. Participating banks will have to gauge their resilience against three macro-financial scenarios covering shocks brought about by extreme weather and a sudden shift to […]
TCFD Governance White Paper – What Does Good Look Like
Good governance is the foundation of an effective climate response. An organization that gets governance wrong almost invariably makes bad climate decisions. Conversely, an organization with good governance can realize the power of its climate strategy and risk management, and is able to implement behavior-changing metrics and targets. Wherever you are on your climate journey, […]
TCFD: Lessons from the first five years, and where we are headed
January 26th, 2022 In this webinar, Manifest Climate is joined by Curtis Ravenel, Task Force Member – TCFD Secretariat and former Global Head for Sustainable Business and Finance, Bloomberg L.P. to discuss what businesses need to consider when it comes to the TCFD, as the climate crisis intensifies and regulator and investor pressure grow. Sign […]
Manifest Climate: A 2021-2022 Great Place to Work
Manifest Climate is delivering innovative climate solutions while putting its people first. We are proud to be recognized as a 2021 Best Workplace™ in Technology, a 2021 Best Workplace™ Managed by Women, and a 2022 Best Workplace™ Start-up. All awards, formally announced on November 16, 2021, December 7, 2021, and January 25, 2022, underscore our commitment […]
Weekly round-up: January 17-21
The top five climate risk stories this week 1) Citi sets portfolio emissions targets Citi joined Wall Street rivals Goldman Sachs, JP Morgan, and Morgan Stanley in publishing 2030 financed emissions targets as part of its plan to meet its net zero by 2050 commitment. Released Wednesday, the targets cover two portfolios: energy and power. […]
Climate Trends: Canada’s regulator challenges financial institutions to tackle climate risks
The Office of the Superintendent of Financial Institutions has a plan to harden banks, asset managers, and similar firms to the rigors of climate change This year promises to be one of transformational change for Canada’s financial sector. On January 14, the Office of the Superintendent of Financial Institutions (OSFI) published a wide-ranging plan to […]
US banks go their own way(s) on financed emissions
Portfolio carbon disclosures and targets have come to Wall Street, but good luck trying to compare them It’s boom time for professional number crunchers. Banks’ growing appreciation of climate risks has pushed many to scrutinize their financed emissions, which are those attributable to their portfolio assets. This in turn is nourishing a whole new field […]
Weekly round-up: January 10-14
The top five climate risk stories this week 1) Canadian regulator floats climate risk capital charges Canada’s financial institutions will be called on to bolster their capital cushions to guard against a disruptive climate transition, the country’s top federal regulator said on Monday. Peter Routledge, head of the Office of the Superintendent of Financial Institutions (OSFI), […]