Category: Physical risksConsiderable room for improvement
A recent study by BaFin has found that although many companies in the financial sector are addressing the physical risks posed by climate change, there is still considerable room for improvement. One of the clearest findings was that these risks are still far from being fully integrated into risk management systems.
By Nadja Auert-Bohlander, Wiebke Buck and Stephanie Wienstroer, BaFin Centre for Sustainable Finance
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