Climate Risk

Climate Risk

Franklin Manchester Principal Global Insurance Strategic Advisor at SAS

Why haven’t insurers deployed dark data to fight the climate crisis?

Most consumers don't know about it. Insurers don't use it. But dark data — despite its nefarious sound — could help the insurance industry face the climate crisis. So, as insurers, why haven’t we brought dark data into the light? First, let's examine how climate change challenges the fundamental proposition of insurance: protecting those in need. U...

02 October 2023 /cloud /markets

Alicia Heavisides Product Manager at Experian UK&I

Helping lenders address climate risk: six key factors to consider

Lenders and financial institutions are facing increased accountability for the carbon emissions of their borrowing customers, which makes climate-related impact a credit risk. Virtually all stages of the credit lifecycle will likely be affected by climate risk, leading lenders to incorporate more climate-related considerations into the credit manag...

28 April 2023 /wholesale

Vijay Rangan Gopal Senior Consultant at TCS

Aligning Sustainable Investments with Retail Investor Preferences-Setting up a future-proof framewor

Highlights Sustainability impact has gone mainstream in Financial Investments, with expectations for transparent ESG data requirements growing manifold. Sustainable Investing regulations aimed at improving ESG transparency and comparability are gaining momentum. Sustainability Investment as a service (SIaaS) can leverage Capital Market Advisory an...

27 January 2023 /regulation /wealth

Rajeev Verma Consultant at Tata Consultancy Services Ltd

Climate Risk in Banking Sector and Challenges

Introduction: Climate risk is now categorized as one of the important elements in the strategic discussion among the Chief Risk Officers (CROs) in the banking industry. Financial regulators across major markets are taking steps to ensure banks manage the credit risk associated with adverse climate changes. Banks buckets the climate risk into ...

29 September 2022 /regulation /retail

Yogendra Singh Vice President, Global Head, Solution Consulting at Oracle

Responsible Banking – Three Ways to Strategize Climate Change Risk

People around the world are witnessing how climate change can devastate our planet. Scientists continue to sound the alarm that, climate change is the greatest threat to human health in recorded history. As climate crisis is rising governments & agencies around the world are working to advance policies that reduce carbon pollution, support cle...

15 August 2022 /regulation /sustainable