Climate risks will not obey a steady and predictable pattern as the world heats up. Beyond certain temperature thresholds, abrupt shifts in the climate system…
Companies big and small are thinking about producing climate action plans. Some are under pressure to do so from regulators or shareholders, while others are…
Climate threats to sovereigns’ creditworthiness are on the rise. Are financial institutions on top of their exposures? Pakistan. China. Kenya. Each country is grappling with…
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…
High inflation and slow economic growth have darkened the outlook for businesses. Big and small companies face higher costs and lower profits, and many are…
The creditworthiness of high transition risk borrowers may degrade as more ambitious climate policies are enacted Rabobank is the new poster child for climate transition…
Climate models have a major blind spot: they can’t see extreme weather-related risks. This is a big problem for financial institutions, since these kinds of…
A brighter climate future is here. On August 16, US President Joe Biden signed the Inflation Reduction Act, which includes USD$369bn in climate change and clean…
Companies are under growing pressure from investors, customers, and regulators to disclose their greenhouse gas (GHG) emissions. This data is essential for understanding just how…
Our climate future is unknown territory. Still, financial institutions want to plot a course to its coolest fringes. Hence the buzz over portfolio alignment metrics…