Approaches to climate scenario analysis are currently based on “implausible” assumptions that could delay action and create fiduciary duty challenges for investors, according to a new study by the Institute & Faculty of Actuaries. Sandy Trust, head of organizational risk at M&G, a global investment manager headquartered in London, England and one of the authors […]
Abrupt changes in climate policies from governments around the world could lead to fire sales of climate sensitive assets held by institutional investors, according to a the results of a pilot scenario analysis project from the Bank of Canada and the Office of the Superintendent of Financial Institutions. “Climate transition risks are challenging to assess […]
Dealing with political risk in the time of Trump.