Five ways financial firms are getting climate risk right

As a risk manager or business leader in the financial sector, you are likely no stranger to the growing threat of climate risks. By analysing common trends among financial institutions that have made significant progress in climate risk management, ClimateX has uncovered five crucial lessons to help enhance your organisation’s resilience. 

This white paper provides actionable insights and key takeaways to improve your approach to climate risk integration. The paper focuses on valuable points, such as the need to: 

• refine your climate risk assessment strategies;

• address persistent data gaps;

• navigate regulatory complexities;

• identify indirect climate-related risks; and

• foster cross-functional collaboration. 

Whether you are looking to strengthen your organisation’s climate risk management framework or seeking to stay ahead of current business practices, this document offers practical lessons and expert guidance to support those efforts.