Tag Archives for " scenario building "

Should You Bank on Climate Risk Disclosures?

word risk on stop sign

Companies increasingly face pressure from investors and others to disclose their “climate risks.” One example of the trend is the Task Force on Climate-Related Financial Disclosures, which recently released its Phase 1 Report. Unfortunately, the Task Force seems to be treating climate change as “just another risk” for purposes of risk disclosure. But it’s not. […]

Risky Business Project Memo to Oregon: “Don’t Worry, Be Happy?”

portland oregon with mt hood in background

The Bloomberg-Paulson-Steyer Risky Business Project released its long-awaited report a little over a week ago. Risky Business: The Economic Risks of Climate Change in the United States and associated support documents add significantly to the climate risk literature, and have gotten a great deal of well-deserved press and social media attention. The stated goal of […]