How exposed is your organisation to climate change risk?
Make sure you protect and enhance the value of your organisation
One of the most significant and perhaps least understood sets of risks that property owners and lenders face today relates to climate change.
What risks and opportunities does this pose to the future of your organisation?
In response to an increasing need to better understand the financial impacts of climate change, the Taskforce on Climate-related Financial Disclosures (TCFD) has developed a first of a kind reporting framework. It has already been endorsed by several governments, financial authorities and market leaders.
The Bank of England originally proposed climate stress testing to take place using the June 2020 balance sheet of both large banks and insurers. However, in light of the current COVID-19 situation, this has been postponed and is now expected to take place mid-2021.
With climate change no longer possible to ignore, now is the time to act.
Download our climate risk capability statement to find out more about our services or get in touch.
