Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change

Climate Goals & Targets

Environmental Challenges

• Assessing and managing climate-related risks, particularly the long-term forward-looking nature and uncertainties involved.
• Adapting current bank stress methodologies to incorporate climate risks' long timeframe and smooth evolutions of economic and financial variables.
• Performing granular analysis at counterparty level due to varying impacts across sectors and geographies.
• Defining appropriate ways to incorporate risk mitigation actions and assumptions about the evolution of institutions' balance sheets.

Mitigation Strategies

• Designing plausible scenarios to assess potential impacts of physical and transition risk drivers.
• Using a dynamic balance sheet assumption to define how portfolios are expected to shift over time.
• Splitting the exercise into two parts: testing resilience of current business models and exploring how these might change in response.
• Leveraging externally generated scenarios (e.g., NGFS) and tailoring them to key vulnerabilities.

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Changes in frequency and severity of weather events

Transition Risks

• Risks from transition to a low-carbon and climate-resilient economy