Strategies to incorporate climate change risk into a successful risk management framework, ensuring long-term sustainability
Climate-related incidents are increasing, and institutions that are not adequately assessing risks will suffer unexpected financial losses. Banks’ perceived role in averting the course of climate change is also coming to the forefront of the public agenda, and any financial institution that is not proactively tackling the problem will likely be behind the competition in implementing future regulations as well as managing their portfolios.
In this white paper, we illustrate the complexity of the climate change problem and the challenges affecting banks and impending regulations, suggesting a methodology to measure and manage climate change risk efficiently.
If you want to understand how climate change affects your business and how we can help you manage climate change risk schedule a consultation today!