Asset managers plan to vote against boards of companies that lack a climate strategy
Under proposed rules, funds will need climate risk data from investee firms, many of them Chinese
SFDR sustainability calculations leave firms uncertain how short positions should be disclosed
Esma researchers say carbon-intensive funds also pose more of a systemic risk
Bankers reject proposed climate risk measure as flawed and even ‘dangerous’
New research centre intended to help UK financial firms build better climate risk models
Smaller banks imperilled by economic shocks from freak weather, says acting CFTC chair
Managers unsure whether to “aspire to” or “run away” from new ESG classifications for funds
Vague rules leave managers unsure which categories to apply to their funds
Estimating financial risks from the energy transition: potential impacts from decarbonization in the European power sector
The authors present an integrated assessment of energy transition risk that links future energy scenarios to a structural economic model.
Global regulators say risks are near-term and cross-border, but propose only data collection
Risk USA: ESG products that miss sustainability goals may fall foul of customer protection rules
Risk Live: stress tests should assume rising carbon price, regardless of government policy, says Breeden
Moves on climate risk could come early; other changes may have to wait until end of 2021, or later
OpRisk North America: anchoring idiosyncratic risks to macro scenarios a challenge, say experts
Carney and Winters warn private sector cannot move much further without lawmakers
What are energy firms doing to measure and mitigate transition risk?
Sympathetic rulemakers don’t need to wait for a change of federal government, say experts
Chair of industry sub-committee – and famed quant – says carbon dividend plan essential to create right incentives
How are investors enabling the move to the low-carbon economy?
Co-chair of Basel task force discusses possible supervisory approaches to climate risk
Energy industry expert looks at key developments in the power purchase agreements market
Carbon pricing paths to a greener future, and potential roadblocks to public companies’ creditworthiness
In this paper, the authors introduce a valuation-based approach to estimate how energy transition risk may impact the creditworthiness of public companies globally within the next thirty years.
BofA, Citi and Wells Fargo looking to adopt emissions standard popular with EU lenders