WHAT IS CLIMATE RISK AND WHY DOES IT MATTER TO FINANCIAL SERVICES?

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WHAT IS CLIMATE RISK AND WHY DOES IT MATTER TO FINANCIAL SERVICES?

  • Dr Alfie Lindsey, Thomas Parkinson
  • Published: 23 July 2021

 

Since 2015, climate risk has moved from being a long-term horizon risk, discussed fleetingly in firms, to become one of the highest priority risks on the supervisory agenda. Climate risk crystallizes because of climate change and its impact on natural and human systems. 

Download this article to discover why banks and insurers should start incorporating climate risk into their risk management frameworks immediately.

For more information about climate risk and Capco’s Risk practice, contact Dr Alfie Lindsay.