Risk Live: stress tests should assume rising carbon price, regardless of government policy, says Breeden
Opinion divided over proposed tool for transferring risk of non-sustainable activities
Asia Risk Awards 2020
Environmental and social behaviour predicts credit ratings in North America – less so in Europe
Energy Risk Awards 2020: Firm’s wide commodities presence, physical and financial risk expertise and financing capabilities result in standout deals
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.
Key wins for bp, Engie and Uniper while Macquarie takes the derivatives house of the year award
Higher carbon prices would trigger widespread industry defaults, says agency research unit
As impending global changes brought about by climate change loom, one issue in particular threatens to cause massive losses to institutional investors – rising sea levels. David Lunsford and Boris Prahl, of MSCI, explore where, despite the efforts of…
Push would stop short of compulsory reporting
Government and business must avert disorderly move away from fossil fuels, says Geneva Association’s Maryam Golnaraghi
Increased climate policy will put more oil and gas assets under threat of stranding
As uncertainty abounds on the impact climate change may have on the industry, financial services firms must best equip themselves for potential regulatory and socioeconomic changes to ensure they maximise the opportunities of embracing new best practices…
Failure to take immediate action on the proposals set out in the Paris Agreement on climate change could cost approximately $1.2 trillion over the next 15 years in policy risk costs. Oliver Marchand, co-founder of Carbon Delta and executive director of…
On ESG, Europe leads the US, new products are sprouting and sourcing of metals is being examined
Geopolitical tensions introduced extreme volatility to many commodity markets in 2018, while environmental markets began to take off
As institutions increasingly focus on streamlining their operations within markets in which they are comfortable and established, BNP Paribas Securities Services is breaking the mould, investing in innovative technologies and making itself seen and heard…
This paper looks at the conditions under which a reasonable green policy by a US state encourages the early replacement of existing coal plants with new natural gas plants.
New risk management challenges as firms split legacy fossil-fuel operations from renewable-focused areas
Higher emissions but little impact on price or demand for CPP replacement
Are Trump's efforts to support US coal levelling the playing field for fuel sources, or flogging a dead horse?