Tag: Climate risk

The Demex Group, described as the innovators behind unprecedented reinsurance solutions tackling accumulating losses from secondary perils, has successfully garnered an investment of $5m.

AXA Group’s alternative investments business, AXA IM Alts, has named Laurent Lavergne as its Global Head of Sustainability.

Reask, an innovative company leveraging artificial intelligence (AI) to interpret and predict extreme global weather conditions, announced a successful investment funding total of $6.55m.

The Australian government has made it compulsory for the APRA to take into account climate change-related risks in its operations.

Once relegated to the background, supply chain management has now made its way into the heart of corporate board discussions. So what exactly are the supply chain concerns that can command board-level attention and how can these be effectively addressed? RegTech giant Moody's Analytics has undertaken the challenge to answer this. 

The IASB has launched a new project aimed at exploring changes to requirements for firms to disclose climate risks in financial statements.

The EU’s financial regulators are planning to carry out a system-wide analysis of the financial sector’s climate-related risk resilience.

The US Federal Reserve has released details for its first climate scenario analysis exercise for the six largest US banks.

CaixaBank has launched its Climate Risk Unit as part of its Sustainability Directorate, which has seen it bolster its commitment to sustainability.

Zesty.ai, a predictive data analytics service for climate risk, has received $10m in venture debt from US spend management decacorn Brex.