While investors are paying more attention to climate change, there is a lack of granular data designed to support financial decisions. Climate services can provide improved indicators and metrics to help investors better manage physical climate risks. This chapter presents the results of the ERA4CS-...
Climate Risks Hou Menghong from the Risk Management Department of the Head Office In recent years, the continuously rising global temperature, coupled with the frequent occurrence of extreme disasters, has led to a growing concern about environmental and climate issues from all walks of life....
In this study, we examine the open question of whether the risks faced by one class of individuals–equity investors in U. S. public companies–are impacted by extreme high surface temperature (hereafter, EHST) events and, by inference, to the physical risk of climate change. Our study is ...
Related Products Climate Solutions Identify and manage investment risks and opportunities with climate research, ratings and data for investors. Learn More Low Carbon Transition Ratings Receive a forward-looking assessment of a company’s current alignment to a net-zero pathway. ...
本文编译自GARP风险智库Physical Risk - Risk Management主题博客“How Banks Can Better Manage Climate-Related Financial Risks”一文。作者Maxine Nelson博士是 GARP 风险研究所的高级副总裁,目前主要负责可持续发展、气候和自然风险管理。她在风险、资本和监管方面拥有丰富的经验,曾在多家公司担任各种职务,包括汇丰银行...
2021年4月14日,巴塞尔银行监管委员会(Basel Committee on Banking Supervision)发布了两份分析报告,分别是《气候相关风险驱动因素与传导途径》( 下载链接:Climate-related risk drivers and their transmission channels)和《气候相关金融风险——测量方法》(下载链接:Climate-related financial risks – measurement methodolo...
urgent need for better market information to enable business and finance to factor physical climate risks into their operations, decision-making and financial reporting. The TCFD recommendations on climate-related financial disclosures are already transforming the way that markets respond to climate change...
With climate-related perils, there are two interlinked risks that must be managed: physical and transition risks. Physical risk refers to the possibility that weather events will increase in frequency and severity, causing increased losses from extreme weather events. Transition risk refers to risk ...
Assessing Climate Related Transition and Physical Risks to Mortgage Portfolios Physical risk is a critical aspect of the 2015 “Paris Agreement,” which places a binding obligation on the world’s governments to “make finance flows consistent with a pathway towards low green...
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