Many banks yet to factor climate into credit risk models
Risk Benchmarking: More than a third of banks do not quantify climate risk impact on credit portfolios, study finds
This piece is part of a series benchmarking bank climate risk management practices. Risk Management subscribers can view selected cuts of the underlying data here. Sign up for Risk Benchmarking emails here.
More than a third of banks still do not quantitatively assess the impact of climate risk on credit portfolios, the findings of Risk.net’s Climate Risk Benchmarking study show, despite some
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