Climate risk

RISKTHINKING.AI AWARDED 2ND PLACE IN HKMA'S GREEN FINTECH COMPETITION

Retrieved on: 
Thursday, December 14, 2023

TORONTO, Dec. 14, 2023 /CNW/ - Riskthinking.AI, a Toronto-based climate risk data and analytics provider, proudly announces its achievement of securing second place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference.

Key Points: 
  • TORONTO, Dec. 14, 2023 /CNW/ - Riskthinking.AI, a Toronto-based climate risk data and analytics provider, proudly announces its achievement of securing second place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference.
  • The HKMA Green Fintech Competition was a central focus of the conference.
  • The competition sought market-ready solutions in four categories: Net-zero Transition, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting.
  • HKMA's recognition of Riskthinking.AI in the Green Fintech Competition underscores its achievement in innovating accessible, comprehensive, and dependable solutions for measuring climate-related financial risk worldwide, including in Asia.

RISKTHINKING.AI AWARDED 2ND PLACE IN HKMA'S GREEN FINTECH COMPETITION

Retrieved on: 
Thursday, December 14, 2023

TORONTO, Dec. 14, 2023 /PRNewswire/ - Riskthinking.AI, a Toronto-based climate risk data and analytics provider, proudly announces its achievement of securing second place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference.

Key Points: 
  • TORONTO, Dec. 14, 2023 /PRNewswire/ - Riskthinking.AI, a Toronto-based climate risk data and analytics provider, proudly announces its achievement of securing second place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference.
  • The HKMA Green Fintech Competition was a central focus of the conference.
  • The competition sought market-ready solutions in four categories: Net-zero Transition, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting.
  • HKMA's recognition of Riskthinking.AI in the Green Fintech Competition underscores its achievement in innovating accessible, comprehensive, and dependable solutions for measuring climate-related financial risk worldwide, including in Asia.

CFA Institute launches new Climate Risk, Valuation, and Investing Certificate

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- CFA Institute, the global association of investment professionals, announces the launch of a new Climate Risk, Valuation, and Investing Certificate.

Key Points: 
  • NEW YORK, Nov. 6, 2023 /PRNewswire/ -- CFA Institute, the global association of investment professionals, announces the launch of a new Climate Risk, Valuation, and Investing Certificate.
  • Investment firms seeking to adapt to the risks associated with climate change increasingly require staff with specific climate analysis skills, and this new certificate meets that market demand.
  • Richard Fernand, Head of Certificate Management at CFA Institute comments:
    "Our new Climate Risk, Valuation, and Investing Certificate will be insightful, practical, and address the needs of those investment professionals looking to apply climate analysis to investments.
  • For more details, please visit the Climate Risk, Valuation, and Investing Certificate page

Southwestern State Counties Rank Highest in CoreLogic’s “Safest Places to Live” Study Forecasting the Next 30 Years of Natural Disasters

Retrieved on: 
Thursday, March 23, 2023

While severe convective storms and flooding pose risk to most homes in the U.S., McKinley County, New Mexico emerged as the least risky county to live due to its lack of hurricane and earthquake risk.

Key Points: 
  • While severe convective storms and flooding pose risk to most homes in the U.S., McKinley County, New Mexico emerged as the least risky county to live due to its lack of hurricane and earthquake risk.
  • Additionally, five counties in Colorado rank in the top 10 for lowest-risk areas for natural catastrophes.
  • The RCP 8.5 climate change results discussed here represent a projection of climate related risks to residential properties assuming that C02 emissions continue to rise throughout the 21st century.
  • As a result, the top 10 counties safest from natural disaster are:

Canada supporting developing countries to adapt to climate change at COP27

Retrieved on: 
Saturday, November 12, 2022

Today on Adaptation and Agriculture Day at COP27, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, highlighted Canada's efforts to address the effects of climate change and support developing countries that often face the worst of its impacts.

Key Points: 
  • Today on Adaptation and Agriculture Day at COP27, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, highlighted Canada's efforts to address the effects of climate change and support developing countries that often face the worst of its impacts.
  • Canada's climate finance helps low- and middle-income countries affected by climate change transition to sustainable, low-carbon, climate-resilient, nature-positive, and inclusive development.
  • This is part of Canada's renewed commitment tohelp build and improve early warning systems in developing countries.
  • "Canada continues to take action to assist developing countries transition to climate resilient economies and societies.

AT&T, FEMA & Argonne National Laboratory Collaborate to Launch Climate Risk and Resilience Portal for U.S. Communities

Retrieved on: 
Monday, November 7, 2022

AT&T, the Federal Emergency Management Agency (FEMA) and the U.S. Department of Energys Argonne National Laboratory (Argonne) today announced the launch of the Climate Risk and Resilience Portal (ClimRR) , which advances access to cutting-edge science for climate projections to help improve Americas preparedness for future climate extremes.

Key Points: 
  • AT&T, the Federal Emergency Management Agency (FEMA) and the U.S. Department of Energys Argonne National Laboratory (Argonne) today announced the launch of the Climate Risk and Resilience Portal (ClimRR) , which advances access to cutting-edge science for climate projections to help improve Americas preparedness for future climate extremes.
  • This announcement comes as world leaders gather for the United Nations climate change conference COP27.
  • AT&T originally commissioned Argonnes Center for Climate Resilience and Decision Science to produce the projections in ClimRR for the companys own adaptation efforts.
  • Thats why were excited to work closely with FEMA and Argonne to get it into the right hands.

Leon Saunders Calvert to join ESG Book as Chief Product Officer

Retrieved on: 
Wednesday, July 13, 2022

LONDON, July 13, 2022  /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced that Leon Saunders Calvert will join as its new Chief Product Officer, effective in October 2022. He will lead the expansion of ESG Book's product suite, and drive the firm's market differentiation through next-generation sustainability solutions.

Key Points: 
  • Currently Head of Research and Portfolio Management at the London Stock Exchange Group (LSEG), Leon Saunders Calvert will join ESG Book in October 2022.
  • Announcement follows ESG Book's recent $35 million Series B to build the world's leading ESG data platform, and expand into cutting-edge new product areas.
  • LONDON, July 13, 2022 /PRNewswire/ -- ESG Book, a global leader in sustainability data and technology, today announced that Leon Saunders Calvert will join as its new Chief Product Officer, effective in October 2022.
  • Leon Saunders Calvert, ESG Book's incoming Chief Product Officer, said: "ESG Book is extremely well positioned to enable the mainstreaming of sustainable outcomes into financial markets.

ComEd Launches Three New Studies to Help Design the Power Grid to Support State’s Clean Energy Goals

Retrieved on: 
Monday, June 20, 2022

This transformation will offer tremendous economic, environmental and public health benefits, and these studies will help us design our grid plans to ensure that every community benefits.

Key Points: 
  • This transformation will offer tremendous economic, environmental and public health benefits, and these studies will help us design our grid plans to ensure that every community benefits.
  • The findings will inform ComEds grid investment plans, as described by CEJA, as well as how ComEd can support the states ambitious clean energy goals.
  • For each of the new studies, ComEd has retained experienced research teams who have worked on these issues around the country.
  • These studies will inform ComEds planned grid investments that will continue to enable the clean, reliable and affordable power that ComEd customers have come to expect.

Citi Selects S&P Global and Oliver Wyman's Climate Credit Analytics for Enhanced Global Climate Stress-Testing and ESG Reporting Initiatives

Retrieved on: 
Wednesday, February 9, 2022

"Climate change is one of the greatest challenges ofour time and playing Citi's part in tackling it will require tremendous collaboration.

Key Points: 
  • "Climate change is one of the greatest challenges ofour time and playing Citi's part in tackling it will require tremendous collaboration.
  • Robust climate data and analytics is critical to our Climate Risk team's mission of measuring and managing Citi's climate risk, and to meeting the growing climate risk management expectations of global banking regulators.
  • The models build on both S&P Global Market Intelligence and Oliver Wyman's deep legacy in Environment, Social and Governance (ESG) and climate risk management.
  • Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions.

Citi Selects S&P Global and Oliver Wyman’s Climate Credit Analytics for Enhanced Global Climate Stress-Testing and ESG Reporting Initiatives

Retrieved on: 
Wednesday, February 9, 2022

Citi, S&P Global Market Intelligence and Oliver Wyman today announced that Citi has selected the S&P Global/Oliver Wymans Climate Credit Analytics (CCA) Transition Risk model to support a variety of requirements for the bank in 2022.

Key Points: 
  • Citi, S&P Global Market Intelligence and Oliver Wyman today announced that Citi has selected the S&P Global/Oliver Wymans Climate Credit Analytics (CCA) Transition Risk model to support a variety of requirements for the bank in 2022.
  • Climate change is one of the greatest challenges of our time and playing Citis part in tackling it will require tremendous collaboration.
  • Robust climate data and analytics is critical to our Climate Risk teams mission of measuring and managing Citis climate risk, and to meeting the growing climate risk management expectations of global banking regulators.
  • The models build on both S&P Global Market Intelligence and Oliver Wymans deep legacy in Environment, Social and Governance (ESG) and climate risk management.