Regulation
Climate Risk Regulation Rundown: December 2022
What happened in climate-related financial regulation last month, and what’s coming up. Americas On December 8, the Federal Reserve released new guidelines for large banks…
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…
How Regulation Can Encourage Climate Action
As the low-carbon transition accelerates, more companies are considering climate change in their operations and decision-making. Part of this shift is due to regulation. In…
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…
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…
Climate risk regulation rundown: July 2022
What happened in climate-related financial regulation last month, and what’s coming up The Financial Stability Oversight Council (FSOC), the US’ top financial regulatory body, received an update…
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…