Digital risk: a risk like any other

Every type of organization has to take risk into account: it is part of doing business. Whether launching a new product or entering a new market, every strategic decision will involve risk analysis. Risk is understood, assessed and weighed up against potential outcomes before a business decision is made. Why,Continue Reading

Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services. On the back of the learnings gatheredContinue Reading

Florida let environmental risk fester despite warnings

PALMETTO — As early as 2008, the U.S. Army Corps of Engineers was predicting possible disaster at the old Piney Point phosphate plant in Manatee County if a plan to use the site for dredging went forward. The “worst case scenario,” the Army Corps cautioned, would be a tear inContinue Reading

The Climate Crisis is the Defining Emergency of Our Time

Introduction On 28 January 2021, the Green Finance Industry Taskforce (“GFIT“) issued a handbook titled “Handbook on Implementing Environmental Risk Management” (“Handbook“) providing financial institutions (“FIs“) with practical implementation guidance and good practices on environmental risk management. The Handbook complements the three sets of Monetary Authority of Singapore (“MAS“) GuidelinesContinue Reading