Understanding the impact of climate risk on credit
We are excited to release climate risk assessment in the CreditLens solution to bolster the climate-risk capabilities for banks and enable lenders to assess the impact of climate on their customers’ credit quality and inform decisions to manage this risk.
Why is it important for you to consider climate risk now?
Risk to your Business
Banks worldwide are considering the impact of climate risk on their credit business. High levels of transition or physical risk pose serious threats to the viability and financial health of a business and, can lead to risky investments for commercial lenders.
Governments and regulators worldwide are developing and implementing climate risk regulation and legislation that will impact how banks conduct business and their policymaking.
Market and Stakeholder Pressure
As the conversation around climate change continues to build, investors and customers are looking to work with more sustainable partners. Many banks are already taking action, committing to align their lending and investment portfolios with net-zero emissions.
Take Proactive Steps to Protect Your Credit Business from Climate Risk
With powerful climate risk adjusted default analytics in our CreditLens solution, you can easily weigh the impact of climate risk on your decisions for a streamlined credit origination process and minimal disruption to the operational workflow.
Complement your existing Probability of Default (PD) assessment with climate-adjusted PD’s for a more comprehensive view of risk
Understand how climate risk impacts credit quality through risk scoring, reports, and dashboards
Quickly and efficiently manage climate risk assessment as part of your current origination process
Support credit decisions with the inclusion of climate risk measures in credit memos
Address changing regulatory requirements and stakeholder expectations