Africa and Asia lead the emerging world on ‘commitment on climate’...
Basel Climate Principles Will Raise Reputational Risk for Banks
The Basel Committee on Banking Supervision’s principles for the effective management and supervision of climate-related financial risks will lead to...
The Basel Committee on Banking Supervision’s principles for the effective management and supervision of climate-related financial risks will lead to...
Article / 18 hours ago
Corporate America Looks for Leeway on U.S. Climate Disclosures
Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission...
Business associations for top U.S.-listed companies have pushed back against a landmark proposal by the Securities and Exchange Commission...
Article / 9 days ago
Nasdaq Urges SEC Not to Move Ahead with Climate Disclosure Plan
Nasdaq Inc. is pushing back against the US Securities and Exchange Commission's plans to make publicly traded companies reveal detailed information...
Nasdaq Inc. is pushing back against the US Securities and Exchange Commission's plans to make publicly traded companies reveal detailed information...
Article / 14 days ago
Africa: Alliance formed to counter nature-related risks
A group of leading financial institutions from across Africa has rallied together with Ghana's Ministry of Environment, Science, Technology & Innovation (MESTI)...
A group of leading financial institutions from across Africa has rallied together with Ghana's Ministry of Environment, Science, Technology & Innovation (MESTI)...
Article / 16 days ago
Analysis: Warming Africa threatens insurers' quest for profit - Reuters
The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
The world's biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class, but climate change could complicate their quest for profits...
reuters.com /
Article / 22 days ago
Insurers Must Be Better Prepared for Impact of Climate Change: BoE
Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and further work may be needed on how much...
Insurers need to plug data gaps to be better prepared for the impact of climate change on their operations and further work may be needed on how much...
Article / 23 days ago
Bermuda deputy premier pledges climate commitment ahead of London visit
Bermuda's deputy premier Walter Roban has vowed the island will "practise what we preach" as it takes steps to establish its position as a global hub for climate risk finance.
Bermuda's deputy premier Walter Roban has vowed the island will "practise what we preach" as it takes steps to establish its position as a global hub for climate risk finance.
Article / 1 month ago
What do the Bank of England’s CBES results mean for insurers?
Following the Bank of England’s publication of the results of its flagship Climate BES exercise, the ABI reflects on what these results mean for the insurance and long-term savings industry...
Following the Bank of England’s publication of the results of its flagship Climate BES exercise, the ABI reflects on what these results mean for the insurance and long-term savings industry...
Article / 1 month ago
Bank of England tells banks to take climate action now or face slashed profits - Reuters
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
Banks and insurers which fail to properly manage climate risks could face a 10% to 15% hit to annual profits and higher capital requirements, the Bank of England said on Tuesday...
reuters.com /
Article / 1 month ago
UK Climate Stress Test for Banks, Insurers Is the Toughest Yet
The UK’s latest supervisory climate stress test for banks and insurers is the world’s toughest yet, Fitch Ratings says, with some institutions’ capital ratios under the 30-year scenarios likely...
The UK’s latest supervisory climate stress test for banks and insurers is the world’s toughest yet, Fitch Ratings says, with some institutions’ capital ratios under the 30-year scenarios likely...
Article / 1 month ago
