Blogs
Pillar politics: which part of the Basel framework is best for tackling climate risks?
Two recent papers offer contrasting views on Pillar 1 and Pillar 2 as tools for addressing banks’ exposures to climate risk Three ‘Pillars’ undergird the…
Why financial institutions are still lagging on climate risk management
A recent study suggests that resource constraints, concerns over regulation, and the allure of climate opportunities may all be slowing firms’ work on risk management…
How to Use TCFD to Build Investor Confidence
Climate change is rapidly rising on the agenda of major investors around the world. Pension funds, asset managers and other major capital allocators have recognized…
Assessing and Tackling Climate Risks for Banks
As global warming wreaks havoc across the world, there is a growing awareness that physical and transition risks threaten banks and the wider financial system….
The EBA’s climate disclosure standards leave much to be desired
New rules will force banks to publish stacks of climate data — but their usefulness may be limited Risk disclosures are supposed to alert investors…
Climate risk regulation rundown: January 2022
What happened in climate-related financial regulation last month, and what’s coming up US President Biden nominated Sarah Bloom Raskin, a vocal supporter of tougher climate-related…
Executive Compensation and Climate Metrics: Could This Be the Solution We Have Been Waiting for?
As climate change issues become increasingly material to businesses, organizations everywhere are struggling to keep pace. Many are setting net-zero targets and revealing new long-term…
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,…
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…
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’…