Financial Services

Juha Vanhanen

07.10.2020

How do climate change risks hit the company’s balance sheet?

When discussing climate change risks, the first thing that springs to mind is the devastation caused by extreme weather conditions. These are easily imagined sudden events, pictured into the mind through news images. Extreme weather is, however, only the tip of the iceberg. To map the preparedness, management and opportunities, one has to know to look underneath the surface, too. With right strategic choices, the minuses can become plusses.

Read blog

Financial Services

Mikko Halonen

17.09.2020

Time to get from climate to green – from green to SDG finance

Some ten years ago, after the financial crisis 2007-2008, several thought leaders urged politicians to mainstream climate and environmental considerations into the financial recovery packages. That time, we failed, rather miserably in accelerating a green transformation of our societies. This time, with less than ten years to reach the Sustainable Development Goals of Agenda 2030, we do not have the luxury to repeat those mistakes.

Read blog

Financial Services

Hanna Värttö

19.03.2020

Why sustainability should be strategic?

Capital markets react swiftly to acute threats or events such as epidemics or natural catastrophes. While global threats unfold, discussions continue on how to best prepare for emerging risks, such as climate change, in the future.

Read blog

Financial Services

Gaia pressroom

27.09.2018

Why investors should prepare for climatic risks of their real estate assets

The built environment is of utter importance to decarbonize – ahead of other sectors – in order to limit global warming to well below 2 degrees. Consequently, climate change is becoming a central theme within the financial industry. Meanwhile, a considerable and increasing share of our buildings are exposed to various climate-related risks.

Read blog

Financial Services

Mikko Halonen

14.10.2016

The financial sector is only half awake with the advancing impacts of climate change

The multiple impacts of climate change are being felt in the global economy with increasing force and through a number of interconnected pathways. The approach chosen by Finnish actors in the financial sector to date, have generally been reactive and defensive - consisting mainly of carbon footprint assessments and occasional divestments from fossil based assets.

Read blog