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BLOGS. May 22, 2024

Assessing Climate Risk Exposure in Your Portfolios

The importance of assessing the impact of climate risk on financial services firms cannot be overstated. In a recent speech, the U.N.'s climate chief warned that governments, business leaders and development banks have only two years to take action to avert far worse climate change[1]. Spurred by warnings like this, as well as regulatory and reputational pressures, financial services firms such as banks, pension funds, investment managers and insurance groups have been focusing on tackling climate risk management and disclosure requirements.


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