downtoearth-subscribe

Climate change: why financial institutions should take note

The world’s insurers, banks and pension funds are "inherently susceptible" to threats from climate change and must make adjustments, from shifting investment toward environmentally friendly industries to revamping strategies to reduce risk, said the Global Risk Institute. Climate change is a top priority that must be addressed systemically and without delay, concludes a report by the Toronto-based group that researches risks to the global financial services industry.

Related Content