Resources for Trustees
Understand climate-related risks and opportunities and build climate competence to improve effective fund management.
Fossil Fuel Subsidies in Canada: Governance Implications in the Net-Zero Transition
Canada ranks highly among the developed countries that have provided government support to the fossil fuel sector, but this situation is changing. To address the climate emergency, Canada has legally committed to achieving net-zero carbon dioxide (CO2) and other greenhouse gas (GHG) emissions by 2050. How our federal, provincial, and territorial governments spend public dollars […]
Read moreUsing scenario analysis to assess climate transition risk
Together with six Canadian financial institutions, the Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) developed scenarios that will help the financial sector identify, measure and disclose climate-related risks. These scenarios were not intended to be forecasts or predictions. Rather, they were specifically designed to capture a range of potential outcomes and […]
Read moreThe Global Risks Report 2022
The Global Risks Report series tracks global risks perceptions among risk experts and world leaders in business, government, and civil society. It examines risks across five categories: economic, environmental, geopolitical, societal, and technological. Every year the report also analyses key risks to explore further in deep-dive chapters—these could be risks that feature prominently on our survey, those […]
Read moreThe Glasgow Financial Alliance for Net Zero: Our progress and plan towards a net-zero global economy
In this report, we detail the progress GFANZ has made in the six months since launching in April 2021 and share GFANZ’s near-term work plan and ambitions. In short, GFANZ has launched a programme of work to transform the financial system, drawing on the enormously valuable work of the many organisations that have driven climate […]
Read moreFuture Urban Risk Landscapes: An insurance perspective
By 2050, more than two thirds of the world’s population is projected to live in cities. Urbanisation is associated with fundamental socio-economic changes that present formidable challenges to socio-economic resilience and have significant risk management and insurance implications. This report explores the link between urbanisation and the dynamics of risk landscapes and examines insurers’ potential […]
Read morePrinciples for the effective management and supervision of climate-related financial risks
Basel Committee issues public consultation on principles for the effective management and supervision of climate-related financial risks. The consultation paper seeks to promote a principles-based approach to improve banks’ risk management practices and supervisory practices related to climate-related financial risks.
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