Climate risk resources & tools
There is a growing need for information, advice and guidance to support the finance sector in mobilising and mainstreaming ESG thinking and practice across various institutions.
We’ve curated a selection of the most relevant resources and tools to share good-to-know, local best practice, related initiatives, learning and trending content.
Portfolio Climate Risk Management: Case Studies on Evolving Best Practices (2020). Ceres and Impax Asset Management
As the climate crisis, its physical impacts, and the transition to a net-zero emissions economy all accelerate, global investors increasingly recognize the material and financial risks to their portfolios.
Environmental, Social and Governance (ESG) Ratings and Data Products Providers (2021). IOSCO
The use of environmental, social, and governance (ESG) ratings and data products has grown considerably in response to investors’ mounting interest in investing in companies that take account of sustainability in the way they are run.
Creating Green Bond Markets – Insights, Innovations, and tools from the Emerging Markets (2018). Sustainable Finance Banking Network (SFBN)
The emergence of green bonds has been recognized by the United Nations as “one of the most significant developments in the financing of low-carbon, climate-resilient investment opportunities”
UNEP-FI: Changing Course- A comprehensive investor guide to scenario-based methods for climate risk assessment, in response to the TCFD (2019)
Climate change - of about 1°C of warming today relative to pre-industrial times - is already having disruptive effects on economies across the globe, through both its physical manifestations and the mitigation actions aimed at avoiding these.
Deloitte: Climate risk and assessment management: How boards should respond to supervisory expectations (2021)
The report provides examples of positive and negative supervisory indicators that we expect supervisors will be focused on in routinely assessing firms’ progress on capturing climate risk at the portfolio and fund level
CDSB: TCFD Good Practice Handbook
In May 2019, the Climate Disclosure Standards Board (CDSB) and the Sustainability Accounting Standards Board (SASB) published the TCFD Implementation Guide: Using the SASB Standards and CDSB Framework to Enhance Climate-Related Financial Disclosures in Mainstream Reporting.