Risk management and Climate change: Difference between pages

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Risk management is about understanding what business and financial risks the company is exposed to and considering whether the returns generated are sufficient to justify taking those risks.  
''Sustainability.''


The risks need to be evaluated and assessed so that decisions can be made on whether to retain them, to employ techniques to mitigate or transfer risk. The underlying risks can be managed to limit risk. They can be hedged with counterbalancing exposures often created through the financial markets, or insurance taken out to protect the company’s financial health.
1.


The rise in global temperatures from the mid 20th century to the present.


Risk management includes the management of:
# Business and operational risk
# Commodity risk
# Credit risk
# Exotic risk
# FX risk
# Interest rate risk
# Managing risk
# Pensions risk


2.


One way of working with risk management is through a framework comprising:
The adverse effects of this rise in global temperatures.


- Identification


- Assessment
3.


- Evaluation
Any long-term shift in global or regional climate patterns.


- Response and


- Reporting
== See also ==
* [[Accounting for Sustainability]] (A4S)
* [[Business & Sustainable Development Commission]]
* [[Carbon footprint]]
* [[Climate benchmark]]
* [[Climate Bonds Initiative]]
* [[Climate Bonds Standard]]
* [[Climate change adaptation]]
* [[Climate Change Levy]]
* [[Climate change mitigation]]
* [[Climate Disclosure Standards Board]]
* [[Climate finance]]
* [[Climate physical risk]]
* [[Climate-related financial disclosure]]
* [[Climate risk]]
* [[Climate transition]]
* [[Climate-washing]]
* [[Corporate social responsibility]]
* [[Institutional Investors Group on Climate Change]]
* [[Intergovernmental Panel on Climate Change]]
* [[Least Developed Countries Fund]]  (LDCF)
* [[Metaeconomics]]
* [[Natural capital]]
* [[Organic]]
* [[Paris Agreement]]
* [[SRA]]
* [[SRI]]
* [[Sustainability]]
* [[Sustainability Accounting Standards Board]]
* [[Sustainability bond]]
* [[Sustainable Development Goals]]
* [[Task Force on Climate-related Financial Disclosures]]  (TCFD)
* [[Transition]]
* [[UK Climate Change Committee]]
* [[United Nations]]
* [[V20]]
* [[World Business Council for Sustainable Development]]


 
[[Category:Accounting,_tax_and_regulation]]
==See also==
[[Category:Compliance_and_audit]]
* [[Asset-liability management]]
[[Category:Identify_and_assess_risks]]
* [[Black swan]]
* [[CertICM]]
* [[CertRM]]
* [[Corporate treasury]]
* [[Enterprise risk management]]
* [[Hedging]]
* [[KRI]]
* [[Materiality]]
* [[Risk]]
* [[Risk analysis]]
* [[Risk appetite]]
* [[Risk assessment]]
* [[Risk averse]]
* [[Risk evaluation]]
* [[Risk identification]]
* [[Risk management framework]]
* [[Risk register]]
* [[Risk reporting]]
* [[Risk response]]
* [[Treasury]]
* [[Guide to risk management]]
 
[[Category:Financial_risk_management]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:The_business_context]]

Revision as of 21:24, 20 February 2024