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Article name & author

Climate Risk Management at Financial Firms: A Good Start, But More Work to Do

Author: GARP Risk Institute

Industry Group: Financial

Research / Insights - 2019

Potential financial risks arising from climate change are an increasing area of focus, particularly for investors and regulators. To provide a benchmark for how mature firms are in their approach to climate risk management, in the first quarter of 2019, the GARP Risk Institute undertook a global, cross-sectoral survey.

The survey was structured around the main themes for climate risk reporting that have been developed through the TCFD.

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Keywords: Climate-related risk, Scenario analysis
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