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October 22, 2020
Ten ways FIs can address climate-related risks and opportunities
For financial institutions (FIs), climate-change risk is very specific. It relates to the direct effects of climate change on the firms’ operations (and third parties), but also to its impact on their customers, clients and the communities that they serve. The effects could be physical or indirect. Addressing climate change requires innovative thinking, analytics and a new business mindset. An EY article provides details.