More Firms Need to Disclose Potential Financial Hit from Climate Change: Regulator October 29, 2020 By Huw Jones Too few companies specify their prospective financial hit from climate change under a voluntary global disclosure code that needs wider...
Bank of England to Require Company Disclosures on Climate Risks October 19, 2020 By Huw Jones Current rules on company disclosures to help markets price in risks from climate change will become mandatory, a senior Bank...
Inconsistent Data Hinders Climate Risk Comparisons for Insurers, Banks: Regulator July 22, 2020 By Huw Jones Comparing how banks and insurers from different countries cope with climate change is being hampered by a lack of consistent...
UK Insurers, Banks Must Be Ready to Manage Climate Risks by End of 2021: BoE July 1, 2020 By Huw Jones Banks and insurers in Britain must implement by the end of 2021 plans they have drawn up to deal with...
Bank of England Tells Insurers, Banks to Continue Analyses of Impact of Climate Risk June 29, 2020 By Huw Jones The Bank of England (BoE) has told banks and insurers to press ahead with analyzing the impact of climate change...
Grounded Airplanes at Risk from Asia’s Tropical Storm Season, Industry Experts Warn June 3, 2020 By Jamie Freed and Ben Blanchard Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm...
Bank of England’s Carney Warns Investors to Get Serious About Climate Change February 27, 2020 By Alastair Marsh and Jill Ward In a world facing a climate crisis, investors need to start taking account of carbon emissions and rising temperatures in...
Financial Services Firms Risk $1 Trillion in Losses from Climate Change: Report February 24, 2020 By Iain Withers The world’s financial services sector risks losses of up to $1 trillion if it fails to respond quickly to climate...
Australia’s Central Bank Chief Warns of Economic, Financial Effects of Climate Change February 14, 2020 By Michael Heath Australia’s central bank chief Philip Lowe warned of wide-ranging economic and financial impacts from climate change, after his drought-stricken nation...
Most UK Insurers, Banks Unprepared for Risks of Climate Change January 31, 2020 By Alastair Marsh The Bank of England faces an uphill climb to get the finance industry ready for one of its biggest threats:...