Laurence Fink started off 2020 by dropping a big, green bombshell. In his annual letter to corporate executives, the BlackRock Inc. chief executive officer wrote
Year: 2020
Addressing Climate as a Systemic Risk: A call to action for U.S. financial regulators – CERES
This Ceres report outlines how and why U.S. financial regulators, who are responsible for protecting the stability and competitiveness of the U.S. economy, need to
Equity Investors Must Pay More Attention to Climate Change Physical Risk – IMF
The damage from the 2011 floods in Thailand amounted to around 10 percent of Thailand’s GDP, not even considering all the indirect costs through a
Climate Change Risks Facing Sovereigns to Rise – Fitch
Climate change will adversely affect sovereign ratings, but intrinsic uncertainties make it challenging to robustly quantify the impact, Fitch Ratings says. We expect climate change
Central banks must connect climate change and financial inclusion – Nikkei Asian Review
Central banks must connect climate change and financial inclusion. In August 2019, Kerala in India faced a second straight summer of extended downpours and flooding.
Deutsche Bank zeroes in on sustainable finance – IFR
Deutsche Bank looks to make its mark on sustainable finance which is on the rise and has amplified its pace since the onset of the pandemic
New way of looking at climate risk for physical assets – KPMG
With climate change creating new risks and societal needs, financial services organisations must ensure their services are adapting to the shifting landscape. At the time
Swiss Re Sees Opportunities for Insurers in Carbon-Capture Push
Swiss Re AG isn’t waiting around to foot the bill from climate change. The world’s second-largest reinsurer is pushing for the development of technologies to capture
Can fixed income investors act effectively on climate change? Yes we can – UBS
Fixed income investors concerned about climate change should consider past challenges and then look forward. Climate aware solutions are within reach, according to Jonathan Gregory,
Reporting Matters 6: Does your ESG stand up to scrutiny?
Our current operating model for big business is unsustainable. It simply has to change, and the time is now. There is a sustainability revolution taking