As the severity and global impact of climate change rapidly keeps accelerating, the potential disruption and risk to financial sectors have come to the forefront. Financial sector firms can no longer ignore this growing risk.
With the growing recognition of the financial stakes, rising external pressures, and upcoming regulations, how should financial sector firms and specifically their risk management teams manage climate risks?
Financial firms now has to see climate change as a financial risk and no longer just a reputational risk. Recently, the Bank of England released a Supervisory Statement which outlines how they expect banks and insurers to ramp up their financial risk response to climate change.
Download our Climate Change Financial Risk Insights Deck below.
Last year, the Bank ...
November 19, 2020Read more >
Yesterday morning the Financial Conduct Authority (FCA) confirmed that, considering the scale of ...
November 17, 2020Read more >
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