Image:
The IFoA has said financial services firms should update their governance models and consider their role in 'macro-stewardship'
Policymakers should consider the risk of climate “ruin” in their assessments and move away from viewing climate impacts as “tail risks”, a report from the Institute and Faculty of Actuaries (IFoA) has said.
The ‘Climate Scorpion - The Sting is in the Tail' report said an "overshoot" of the 1.5°C temperature threshold by 2030 is "increasingly likely" and added this should "recalibrate" carbon budgets,...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
