The increasing demands by regulators, investors and the general public for compliance with environmental, social and governance considerations (“ESG”) pose a major challenge for risk managers, particularly in the financial sector. This White Paper provides an overview of how regulators in the European Union, the United States, the United Kingdom and Australia are responding in this area, particularly with regard to climate change. In addition, approaches for integrating ESG risk factors into the risk management framework of financial institutions within the framework of the Basel framework are discussed.
Please see the full whitepaper below for more information.