What is climate risk? Climate risk refers to the potential negative effects of climate change on various aspects of the environment, businesses and society. Rising global temperatures, attributed to increased greenhouse gas emissions from human activity, might result in changes in the global climate...
Risk managers considering climate change exposures are concerned about political and regulatory environments and confused about whose job it is to manage such perils, a survey has found. The poll, released last week by Zurich Financial Services and environmental sustainability network Ceres, revealed ...
How does where you operate, how many employees you have, and how tall your building is add up to determine your Climate Risk score? Find out here.
Investment banking is a type of banking that organizes large, complex financial transactions such as mergers orinitial public offering (IPO)underwriting. These banks may raise money for companies in a variety of ways, includingunderwritingthe issuance of new securities for a corporation, municipality, ...
Risk management is the process of identifying, assessing and addressing any financial, legal, strategic and security threats to an organization.
It is dawning on the global community that biodiversity loss requires just as swift action as climate change. The urgent need for a more holistic approach to confronting it is expressed in the Global Biodiversity Framework's goal of reversing biodiversity loss by 2030. Achieving this goal demands...
Thus, a company reporting on climate risk under the TCFD protocol isn’t necessarily committing to fight climate change. Rather, it is declaring, “We understand the potential impacts of climate change on our business and have made our financial projections with that in mind.” ...
The modern era is rife with increasingly frequent sociopolitical, economic, and climate-related shocks. In 2019 alone, for example, 40 weather disasters caused damagesexceeding $1 billion each. To stay competitive, organizations should develop dynamic approaches to risk and resilience. That means predi...
The article presents the result of the "Climate Change Risk Perception and Management: A Survey of Risk Managers." The survey finds the view of risk managers on how climate change can impact their industries. According to the survey, risk managers are aware of climate risk, and 30 percent of...
Risks in an Investment Portfolio Investment portfolios are a common vehicle for a quicker retirement and long-term wealth. However, constructing these portfolios can lead to several disadvantages if you aren't careful: Economic Downturns The most obvious risk is the potential to lose money. Investing...