Risk managers have a critical role in boosting ESG performance. WTW’s John Merkovsky and Lisa Lipuma look at the practical tools, tactics and best practices they can deploy to deliver enhanced ESG risk management.
The least resilient cities, according to the study, carried out in partnership with Economist Impact, were New Delhi, Jakarta, Cairo, Dhaka, and, lastly, Lagos.
New research shows world’s most climate vulnerable countries could lose over 100% of GDP in 2024 from disasters that are insurable
New research shows risk managers are more concerned about extreme weather than any other threat to operations. Despite this a quarter of firms have no plans to mitigate climate risks. Here are five ways to protect your organisation
Our 2023 climate change survey shows businesses taking compliance seriously but falling short on funding, let alone real action. Can risk managers light a fire under such tepid board engagement?
A new survey asks 3,500 risk experts about the greatest emerging threats facing countries and companies today. We dig into the four key takeaways from the report
A producer of electrical cables for the energy and telecoms sector, Prysmian is embedded in the green transition. Internally too, climate risk is a central concern, says CRO Alessandro De Felice, as it continually develops new ways to integrate TCFD reporting into its ERM framework.
Climate change is already here - so what now? Learn how organisations can start meeting the challenges head on and turn risks into opportunities
EXPERT VIEW: Climate change may already be here, but we can – and must – work ahead of time to map out our exposures for the impacts still to come. International SOS’s James Wood explores how to build climate resilience, through data analysis, assigning accountability and securing investment.
As climate litigation risk gathers momentum, John Firth shares the steps that companies can take to identify and reduce these risks.
Climate risk is fuelling APAC region’s ‘eco-consciousness’, here’s what risk managers need to have on their radar
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
With the right communication and data, risk managers can speak the language of the c-suite and become a driver of real climate change says Chris Hickin, vice president - operations engineering manager, London operations at FM Global
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
“Pressure from governments, investors and civil society will soon impact everything from a company’s credit rating to its ability to borrow and get insurance. Here’s what risk managers need to know
Nina Arquint, CEO EMEA at Swiss Re Corporate Solutions, explores why data could be both an obstacle and a gamechanger for risk managers dealing with climate-related risk
Bill Bradshaw, operations manager at FM Global talks to StrategicRISK about how the insurer is trying to move the needle on climate risk.
Chief risk officers have been managing ESG exposures for some time now, but compliance is getting more complicated. Dean Alms, chief product officer at Aravo explains why risk professionals must step up
As wildfires spread across Europe and the Americas, Strategic Risk explores the steps risk managers can take to safeguard their employees and ensure business continuity
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
Singapore-listed companies have made good progress in climate disclosures, according to new research. But more needs to be done to balance risks and opportunities.
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
As insurers grapple with increasingly frequent and severe natural catastrophes, the insurability of cat risks is being called into question, with worrying implications for risk managers.
UK brokers are failing to consider ESG factors when evaluating insurers, according to new research from GlobalData.
Changes in the food sector, electricity, transport, industry, buildings and land-use can reduce greenhouse gas emissions
Widespread disruption continues due to flood-impacted roads, rail, homes, properties, businesses and agricultural land
The recent floods in Pakistan caused $30 billion in economic losses - more than 10% of the country’s GDP
Why risk professionals are the ideal people to make sense of the complexities surrounding climate change
Malaysia and China are ’exemplars’ and governments of Bangladesh, Malaysia and the Philippines are ’strongly committed’
Publicly-listed firms will be compelled to report on third party climate risks as well as their own
Collaboration with deep tech data analytics platform will help corporations understand, manage, and report on their net zero journey
Why it’s time to shift out of crisis management mode as geopolitical tensions obstruct resilience efforts
Top risks are climate crisis, growing social divides, heightened cyber risks and an uneven global recovery, as pandemic lingers on
75% of board members say climate change is very or entirely important to the strategic success of their companies - report
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
Move represents a “major step forward in establishing consistent, comparable global reporting standards” - TCFD
As the World Leaders Summit gets underway in Glasgow, WMO warns the past seven years were the hottest on record
It is the first time the IRM has published a guidance report focused solely on climate change for risk managers
Extreme floods in Henan province in July caused claims of $1.9 billion, the largest cat event loss ever for Chinese insurers
Why firms most impacted by the climate crisis are looking more strategically at nature-based solutions
The total economic cost of flooding in China in July has been estimated at nearly $25 billion - Impact Forecasting
Fatalities due to temperature extremes were the deadliest type of disaster during the first six months of 2021
After Shell and ExxonMobil, why climate change in major emerging markets could be next legal battleground for energy firms
New tool will assess companies’ transition plans to a low-carbon economy and ensure firms can continue to access insurance
Insurers’ have a rising exposure to climate-related disasters and decarbonisation policies warns Moody’s
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
Large parts of New South Wales, including Mid-North Coast and Hawkesbury-Nepean, are inaccessible after widespread floods
Total combined economic losses from heavy seasonal rainfall across India are estimated at $4 billion
Above-average numbers are however anticipated for the Philippines in the first part of 2020, as ENSO neutral conditions continue
Climate change and growing extremes will likely increase the threat of global pandemics, according to AIR Worldwide
In 2018, a number of large storms have battered the globe leaving a trail of physical and economic destruction behind them. StrategicRISK is looking back on the year by examining the costliest natural disaster.
Increasing risks to all businesses as nations are failing to act on their current Paris Agreement commitments, with the planet is heading towards a 4°C or higher trajectory.
The globe is being battered by an increasing number of natural catastrophes which are forcing risk managers to rethink strategy. Andre Martin, head of innovative risk solutions, Swiss Re Corporate Solutions tells StrategicRISK why you shouldn’t let natural perils disrupt your business.
As we approach the final months of the year, which issues are expected to pose the greatest threat to risk managers in 2019? Leading managers pick the top emerging risks for the year ahead.
The Asia-Pacific risk industry is rethinking its approach to climate change, driven by global initiatives encouraging climate-related financial disclosure and industry collaboration.
QBE forms a partnership with climate prediction and risk management firm, Jupiter.
StrategicRISK caught up with Victoria Tan, head of risk management and sustainability at Philippine conglomerate Ayala Corporation, at Risk Forum APAC 2018 in Singapore to find out what makes her tick
IKEA China’s risk management and compliance director and RIMS board member Robert Zhang spoke to StrategicRISK about the fast-changing risk landscape