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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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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

Hello!

To view this content, please sign up or log in – it’s free and easy! Stay ahead with curated regulatory insights designed for professionals like you.

Go to Home Page

Office of the Superintendent of Financial Institutions

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