Insight

Operationalizing climate risks

Mitigating new and rising regulatory scrutiny

Amy S. Matsuo

Amy S. Matsuo

Regulatory and ESG Insights Leader, KPMG US

+1 919-664-7100

The historic issuance of the SEC’s climate-related disclosure proposal further pushes companies to effectively operationalize climate risks.  Financial service companies must demonstrate appropriate action to:

  1. Ensure consistency across financial and nonfinancial reporting and disclosures
  2. Integrate climate risks into governance and risk management frameworks
  3. Develop initial assumptions and models for climate risk scenario analysis
  4. Factor potentially disproportionate impacts into decision-making processes

KPMG Regulatory Insights updated Point of View, Operationalizing climate risks: Mitigating new and rising regulatory scrutiny includes comparator tables for U.S. regulators.

We will continue to iterate and provide updates to the paper as additional regulatory developments occur.