More than regulatory pressure is driving banks to manage climate risk. Financing a green agenda is also a commercial imperative—but specialized skills are needed to
Year: 2020
From tyranny to salvation: the credibility of common metrics for ESG reporting
At Davos 2020, the World Economic Forum’s (WEF’s) International Business Council (IBC), in a largely glowing blaze of publicity, issued a consultation draft proposal outlining
Swiss Sustainable Finance – E-learning
Capacity building in sustainable finance is one of the key drivers to advance investments in more sustainable products. Therefore, in 2018, the SSF education workgroup, in collaboration
Shareholder climate rebellions surge despite coronavirus crisis
Investors pile pressure on companies including JPMorgan and Rio Tinto over global warming. Shareholders have ramped up pressure on companies to tackle global warming even
Time for mandatory TCFD reporting, says Mark Carney
The pandemic has opened up an opportunity for companies to create climate transition strategies and for investors to manage climate-related investments, Mark Carney has said.
Opinion – Mixing values and investments is perfectly normal
As sustainable investing becomes more and more prominent, it has to stand up to its critics. Here’s my take on one common argument against it
At annual meeting, Chevron investors achieve historic majority vote on Paris-aligned climate lobbying
Investors sent a sharp message to both Chevron and ExxonMobil today over the companies’ failure to align their lobbying with the goals of the Paris
Understanding physical climate risks and opportunities – Institutional Investors Group on Climate Change (IIGCC) report
This guidance provides a comprehensive entrancepoint for investors who want to make a start onassessing, managing and reporting on physicalclimate risks in their portfolios. Click
Euro area banks’ sensitivity to corporate decarbonisation
Published as part of Financial Stability Review, May 2020. The differences in findings between the sectoral and firm-level approach to considering the carbon sensitivity of non-financial
Governance and management of climate-related risks by French banking institutions: some good practices
The Prudential Control and Resolution Authority publishes today a guide to good practices in governance and climate risk management for the banking industry. This publication