Navigating climate risk and implementing transition plans

August 2023

On June 13–14, directors and senior executives from among the largest banks, insurance companies, asset managers, and financial technology companies, along with regulators and subject matter experts, came together for the 2023 Financial Services Leadership Summit. Participants discussed their efforts to address climate risk and implement transition plans. ThisViewPoints synthesizes discussions before and during the summit, focusing on the following themes:

  • Delivering climate transition plans presents significant challenges
  • Assessing climate risk exposure remains an inexact science