Sustainability and Financial Risks

Fosters debate on the under-explored relationship between sustainability and financial risks

Reflects the growing interest of practitioners, academics, financial institutions and policymakers in creating sustainable financial systems Proposes corporate risk management frameworks that take into account the effects of climate change and social inequality on financial markets

Fosters debate on the under-explored relationship between sustainability and financial risks Discusses industry and policy approaches to dealing with the financial risks stemming from climate change, environmental degradation, social inequality and other sustainability-related factors Reflects the growing interest of practitioners, academics, financial institutions and policy-makers in fostering a sustainable financial system

Autorentext

Marco Migliorelli is an economist at the European Commission and an associate researcher at IAE Paris (Sorbonne Business School), University Paris 1 Panthéon-Sorbonne, France. His research focuses primarily on green and sustainable finance, cooperative banking and financial instruments innovation.

Philippe Dessertine is a full professor of finance at IAE Paris (Sorbonne Business School), University Paris 1 Panthéon-Sorbonne, France. He is also the director of the Institut de Haute Finance in Paris and a former member of the Haut Conseil des Finances Publiques in France. Additionally, he is the author of several publications on the role of finance in modern society.

Inhalt

1. An Overview of the Sustainability-Financial Risk Nexus.- 2. The Impact of Climate Change on the Banking and Insurance Industries.- 3. The Transition to a Low-carbon Economy and Stranded Assets.- 4. Sustainability-related Risks, Risk Management Frameworks and Financial Disclosure.- 5. Potential Solutions for Tackling the Sustainability-Financial Risk Nexus.- 6. Sustainability-related Risks and Financial Stability: A Systemic View and Preliminary Conclusions.