Tag: Climate risk

Banks and asset managers not yet prepared to meet climate risk...

A barometer measuring the climate risk preparedness of the global banks and asset managers has found a lot still needs to be done in terms of practical implementation.

Singapore’s SGX unveils paper proposing mandatory climate reporting

The Singapore Exchange Regulation (SGX RegCo) has published a consultation paper that is suggesting bolstering disclosure requirements for company around climate risk.

US teams with Singapore to tackle cybersecurity, sustainable finance challenges

The US and Singaporean governments have entered into a new cooperation agreement to partner in the key areas of cybersecurity, the economy and the climate.

Hong Kong’s SFC introduces climate risk requirements for fund managers

Hong Kong’s Securities and Futures Commission (SFC) will require fund managers to take climate-related risks into consideration in their future investment and risk management processes.

NatWest unveils carbon footprint feature aimed at tracking user climate impact

NatWest has launched a new carbon footprint tracking feature for its app users to help customers lower the climate impact of their spending.

Bank of England initiates climate stress tests to explore risks

The Bank of England (BofE) has kicked off its Climate Biennial Exploratory Scenario (CBES) to scrutinise the risks that could be incurred from climate change.

EBA publishes findings of EU-wide bank climate risk exercise

The European Banking Authority (EBA) has published the findings from its first EU-wide pilot exercise on banks’ exposures to climate risk.

Climate risk company Jupiter raises funding from pair of P&C insurers

Jupiter, a predictive data and analytics platform for climate risk, has received an undisclosed investment from a pair of property and Casualty insurance companies.

120,000+ FinTech leaders get exclusive industry stories delivered every week

Download the free AIFinTech100 report

FREE

Download the AIFinTech100 report for 2024 with details on each solution