This blog highlights eight recent actions by federal regulators to address climate risks to the U.S. financial system.
Michael Panfil, Stephanie Jones and Gabriel MalekOctober 25, 2021
This blog assesses themes from comments submitted by companies in response to the SEC's request for public input on climate risk disclosure, and identifies four elements essential to a robust rulemaking: (1) address key climate risks as well as emissions; (2) require specific and comparable line-item disclosures; (3) include climate…
Gabriel MalekAugust 4, 2021
This blog analyzes the recommendations in a report from the Climate Insurance Working Group, convened by California Insurance Commissioner Ricardo Lara, to the state’s Department of Insurance, local and state policy-makers, and the insurance industry regarding the role of insurance in addressing risks from climate-fueled wildfires, floods and extreme heat.
Katelyn RoednerJuly 23, 2021
In the wake of the tragic February 2021 Texas winter storm and resulting power outages, this opinion piece argues that state regulators should require the electric industry to recognize the undeniable: climate change is here and it needs to be factored into their planning and decision making.
Romany Webb and Michael PanfilFebruary 23, 2021
This article describes three things that sustainable finance leaders will need to do in 2021, including integrating climate into core business, aligning proxy voting with climate goals, and supporting regulations and policies that are required to decarbonize.
Ben Ratner and Gabriel MalekJanuary 12, 2021
This article argues that climate risk disclosure should be mandatory.
Michael PanfilDecember 24, 2020
This article describes why states should ensure utilities are disclosing climate risk to their assets and operations.
Justin Gundlach, Michael Panfil and Romany WebbDecember 15, 2020
This blog summarizes a report finding that proactive climate resilience planning by electric utilities is required under public utility law and tort law.
Michael Panfil, Sarah Ladin and Romany WebbDecember 3, 2020
This article highlights three important trends on climate risk, including that stakeholder pressure is surging, especially from investors, corporations are in the spotlight for climate action, and climate risk and impacts are already here.
Thomas MurrayNovember 2, 2020