Assessing and disclosing climate-related financial risk

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Physical climate risk has emerged as a prominent threat to the financial sector and the global economy. Understanding investments’ exposure to risk from climate hazards is a critical step toward building resilience.

Marsh & McLennan Cos. Inc.’s Global Risk Center and CDP Worldwide have launched a new initiative to outline best practices for companies to assess and disclose their climate resiliency. The initiative aims to offer practical guidance to businesses seeking to overcome the so-called “implementation gap” in effectively adopting disclosure recommendations.
Business Insurance
2018

This report represents the first systematic effort to assess the relationship between climate vulnerability, sovereign credit profiles, and the cost of capital in developing countries. Climate risks are multi-dimensional, covering a range of geophysical

United Nations Environment Programme Imperial College London SOAS University of London
2018

This paper marks the first anniversary of the launch of the Task Force on Climate-related Financial Disclosures (TCFD), and assesses the ongoing challenges of weaving climate disclosures into corporate DNA and financial reporting. While there is

Carbon Disclosure Project Marsh & McLennan Companies
2018

A geographical analysis of CDP 2017 responses

This report assesses the level of preparedness of companies to disclose material climate-related information according to the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations. It

Carbon Disclosure Project
While the push for companies to enhance climate risk disclosure is established by the Task Force on Climate-Related Financial Disclosures, companies are struggling with securing leadership support for a wider approach to climate risks, overcoming siloed risk-management processes, and limited experience with climate change scenario analyses.
BRINK
2018

With climate change and severe weather events increasingly making headlines, lenders and institutional investors are becoming more interested in how these events are hitting the bottom lines of companies around the world. To answer this question, S&P

Standard & Poor's Financial Services LLC
2017

This report reviews the issues relating to climate-related financial disclosure and investigates the mandates of ten different international, EU and UK financial institutions to consider their roles in supporting climate-related financial risk reporting.

Economist, the
2018

Shareholder engagement is a critical tool to build resilience in investment portfolios. Investors can help raise awareness of rising risks from climate change, and encourage companies to invest in responsible corporate adaptation measures.

This report

Four Twenty Seven
2018

This report aims to inform and support early adoption efforts of climate risk reporting, based on findings from industry-led working groups  from the financial sector and corporations. The report calls on companies to perform forward-looking risk

European Bank for Reconstruction and Development
2017

This report outlines recommendations from the Financial Stability Board's industry-led Task Force on Climate-related Financial Disclosures (Task Force) for disclosing clear, comparable and consistent information about the risks and opportunities presented

Financial Stability Board