Citi, UBS, ICBC, Banamex, Banorte, Caixa Econômica Federal, Itaú Santander and FIRA are working with the Natural Capital Declaration and the German Government’s Emerging Markets Dialogue on Green Finance to include the economic impact of drought in bank stress testing scenarios.
Posted by Rachel Mountain on 3rd May 2016 at 12:00am
Press Release: New York, Geneva, Oxford, 16 September 2015 – Water availability is increasingly recognised as a material risk for many businesses. Water shortages have already shown to significantly impact the performance of companies operating in water-stressed regions. With competition for water expected to increase as a result of population growth, demographic trends and climate change, investors are increasingly seeking a better understanding of the strategic, operating and financial implications of water risk in their portfolios.
Posted by Rachel Mountain on 16th September 2015 at 12:00am
Press Release: Frankfurt, Geneva, Oxford, 8 September 2015 – A new tool for financial institutions to incorporate water risk in corporate bond credit risk analysis, unveiled today, shows that several beverages, mining and power companies are significantly exposed to water stress.
Posted by Rachel Mountain on 8th September 2015 at 12:00am