Democratic States to Asset Managers: ‘Don’t Ignore Climate Risk’
Democratic states are urging asset managers to weigh climate change risks in retirement funds, defying pressure from the Trump administration and GOP.
ASEAN Ministers Unveil Landmark Push for Climate-Conscious Legal Frameworks
The first-ever ASEAN Law Forum concluded with a groundbreaking decision to integrate ESG principles into legal reform and regional cooperation.
Circular Economy: India’s Tech-Driven Future
“Circular economy is critical for achieving sustainable targets and net-zero,” stated Renjini Liza Varghese, CEO, WriteCanvas, at the recent “People, Planet, Profit – Green Finance, Sustainability & AI for Climate Action” event.
SEC steps back from defending 2024 climate regulation
Publicly traded companies in the US will no longer need to disclose their climate emissions or risks.
Impacted by Climate Change, Financial System Requires Regulatory Oversight: RBI
M Rajeshwar Rao, Deputy Governor, RBI has asserted that the central bank has taken proactive steps to mitigate the risks associated with climate change that could affect the financial system
Code Red: CII Red Flags TN Auto Industry Against High Climate Risk
The auto industry faces a significant risk of climate hazards like floods, droughts, cyclones, and heavy rainfall.
72% Global FIs to Invest $500,000 in ESG Technology
Global FIs are incorporating climate and ESG risk considerations into their risk assessment and investment selection procedures
Planetary Fever: Too Hot to Handle?
2023 wasn’t just toasty for India; it was the hottest year for the entire planet. Extreme weather events fueled a feverish Earth.
Need urgent action to embed impact of climate action into risk management
The climate scenario models in the financial services industry (FSI) significantly underestimate climate risk. A new report from the Institute and Faculty of Actuaries (IFoA) created in partnership with the University of Exeter has found that the threat that climate change poses to our planet and society is not always reflected in the economic models
