OSFI takes data-driven approach to understanding potential impacts of climate risks at financial institutions

News ESG English General Updates

Date: 10th Sep, 2024 Source: Office of the Superintendent of Financial Institutions Country: Canada Original Source

Brief

Today, the Office of the Superintendent of Financial Institutions (OSFI) released the final version of the Standardized Climate Scenario Exercise (SCSE). The Standardized Climate Scenario Exercise is a tool for measuring the potential exposure of financial institutions to climate risk. It will foster better understanding of how climate-related risks may impact financial institutions, their counterparties

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Office of the Superintendent of Financial Institutions

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OSFI takes data-driven approach to understanding potential impacts of climate risks at financial institutions

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OSFI takes data-driven approach to understanding potential impacts of climate risks at financial institutions

Brief

Office of the Superintendent of Financial Institutions

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