Risk Management Association of India
Global body dedicated to education, research and development on Risk Management
The assessment of credit risk is undergoing a significant transformation as financial institutions increasingly recognise the importance of social and governance factors in predicting borrower default risk. Traditionally, credit assessment models have focused primarily on financial indicators such as income, Read More …
The United Nations Environment Programme Finance Initiative (UNEP FI) has developed a new framework to help banks integrate sustainability-related risks into their core risk management systems. The framework is designed to support financial institutions in identifying, assessing and managing environmental, Read More …
For years, climate risk management inside Indian banks and financial institutions revolved around one thing: disclosure. Institutions built ESG reports, published sustainability statements, and mapped their exposure to climate policies largely to satisfy regulators, investors and rating agencies. That phase Read More …
Canara Bank has announced alignment of its sustainability and ESG disclosures with the Corporate Sustainability Reporting Directive (CSRD), reflecting the growing emphasis on global environmental, social and governance reporting standards within the banking sector. The move is expected to strengthen Read More …
Federal Financial Supervisory Authority (BaFin) has identified widespread deficiencies in sustainability risk management practices across banks, highlighting growing regulatory concern regarding how financial institutions address environmental, social, and governance (ESG) risks within their operations and strategic planning. The findings suggest Read More …
Global banking regulators have introduced a new set of principles aimed at strengthening the management and supervision of climate-related financial risks across the banking sector. The guidance reflects growing international concern over the impact of climate change on financial stability, Read More …
The Taskforce on Nature-related Financial Disclosures (TNFD) is increasingly shaping how organisations in Malaysia approach nature-related financial risks, reflecting a broader global shift towards integrating environmental considerations into financial decision-making. According to the report, the TNFD framework provides structured guidance Read More …
Kayrros has introduced a biodiversity risk assessment platform aimed at helping investors evaluate environmental risks linked to their portfolios. The initiative reflects growing emphasis on environmental, social, and governance (ESG) considerations in investment decision-making. According to the report, the platform Read More …
India is set to roll out mandatory climate risk disclosure norms for banks and financial institutions in the coming months, according to government sources cited by Reuters. The move is part of the country’s broader push to align financial regulation Read More …
The European Banking Authority (EBA) has unveiled new guidelines for the management of environmental, social, and governance (ESG) risks, signifying a critical advancement in banking supervision. These guidelines aim to ensure that banks align their regulatory and strategic processes with Read More …