Tag: Climate risk

The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.

The Bank for International Settlements (BIS) and the MAS have recently collaborated on an innovative initiative.

FIS, a global leader in financial technology, has launched the Climate Risk Financial Modeler, a new SaaS risk offering designed to help businesses across all industries assess, reduce, and report their exposure to the physical risks of climate change.

ERM, a leading sustainability advisory firm, has unveiled its latest a new product designed to assist companies in navigating the realm of carbon credits as they tackle their greenhouse gas emissions and strive for decarbonisation.

Stockholm Exergi has penned a landmark contract with Microsoft to cover 3.33m tonnes of permanent carbon removals from bio-energy with carbon capture and storage...

The Net-Zero Asset Owner Alliance, a coalition of prominent institutional investors, has announced its latest initiative aimed at directing $9.5tn in assets towards sustainability.

WTW, a leading global advisory, broking, and solutions company, has introduced a groundbreaking parametric insurance policy aimed at protecting the coral reef system of the South Pacific Ocean’s Lau Group of islands.

Allianz has introduced an innovative tool designed to track the emission reductions and investments needed to achieve commitments made by countries under the 2015 Paris Agreement.

Today, two prominent players, ZestyAI, renowned for its climate and property risk analytics solutions, and California FAIR Plan Association, recognised as California's primary property...

ZestyAI is set to integrate the FORTIFIED construction standard from the Insurance Institute for Business & Home Safety (IBHS).