On Thursday 9 June, we hosted a roundtable in our head office in Utrecht titled ’Integrating ESG risks into a bank’s credit risk framework’. The roundtable was attended by credit and climate risk managers, as well as model validators, working for Dutch banks of different sizes. In this article we briefly describe Zanders’ view on this topic and share the key insights of the roundtable.
On Friday 8 July, the European Central Bank (ECB) published the results of the climate risk stress test that was performed in the first half of this year. In total 104 banks participated in the stress test that was intended as a learning exercise, for the ECB and the participating banks alike. In this article we provide a brief overview of the main results.
Amidst the aftermath of the corona pandemic and the unfolding tragedy in Ukraine, the Intergovernmental Panel on Climate Change (IPCC) published its latest report1 on climate change on 28 February 2022, containing a more alarming message than ever before.