Climate Change Risk Management in Banks
De Gruyter (Verlag)
978-3-11-075791-0 (ISBN)
Banks, like other businesses, endeavor to drive revenue and growth, while deftly managing the risks. Dubbed the next "frontier" in risk management for financial services, climate related risks are the newest and potentially the most challenging set of risks that banks are encountering.
On the one hand, banks must show their commitment to becoming net zero and, on the other, help their customers transition to more sustainable operations, all this while managing climate-related financial risks. It is a paradigm shift from how the banking industry has traditionally managed risks as climate change risks are complex. They are multilayered, multidimensional with uncertain climate pathways that impact real economy which in turn influences the financial ecosystem in myriad ways.
Climate Change Risk Management in Banks weaves the complete lifecycle of climate risk management from strategy to disclosures, a must-read for academics, banking professionals and other stakeholders interested in understanding and managing climate change risk. It provides much-needed insights, enabling organizations to respond well to these new risks, protect their businesses, mitigate losses and enhance brand value.
Saloni Ramakrishna, an acknowledged financial industry practitioner, argues that given the uncertain and volatile climate paths, complex geopolitical patterns, and sustainability challenges, banks and business professionals will benefit from a wholistic approach to managing climate change risks. The book provides a blueprint and a cohesive framework for embracing and maintaining such an approach, in a simple and structured format.
lt;p> Saloni Ramakrishna, a published author in risk management space, is an acknowledged financial industry thought leader. In this book she brings to bear her three decades of global experience and knowledge of financial services. The distilled wisdom of interactions with different stakeholders of the industry, and experience of technology power is reflected in the vibrant canvas of comprehensive yet practical approach proposed in the book that deftly addresses the nuances of the young and upcoming discipline of "Climate Change Risk" and its management.
Ms. Ramakrishna contributes to the industry narrative through her books, blogs, columns, and articles. She has been invited to share her thoughts and views on industry trends surrounding climate change, risk, compliance, and data management, amongst others, by national and international banking and finance forums. Her ideas have appeared as articles, quotes, and interviews. She has presented papers at national and international seminars and conferences.
A member of professional risk organizations GARP and PRIMIA, Saloni is a Value Architect and Senior Director with Oracle. In her role she regularly interacts with top managers of banks, consulting professionals, financial services bodies, and senior regulators across multiple countries, enriching the industry dialogue.
Through her book, Ms. Saloni Ramakrishna has shared with us the essential framework required for establishing a proper climate-related risk management function. I believe her work will be a milestone in the literature on banks' climate-related risk management. --Tsuyoshi Oyama, Author; CEO, RAF Laboratory Co. Ltd.; earlier Partner, Deloitte Touche Tahmatsue; and Former Director-General of the Financial System and Bank Examination Department, Bank of Japan
The book . . . is a worthy addition to the literature of the emerging discipline of climate-related financial risk management. With this, she has moved the climate risk management dialogue beyond financial rhetoric to an actionable business proposition. -- Marc Irubétagoyena, Director of BNP Paribas; Global Head of Stress Testing and Financial Synthesis and Group Risk Board executive
With her extensive and real-world experience as a financial services industry practitioner in the risk and data management space, Ms. Saloni Ramakrishna covers the various aspects of climate-related financial risks in her signature style of simple and straightforward narrative. The book is a unique combination of real world challenges, concepts and a practical framework rolled into one. A shout-out for her focus on "the complex universe of interlinks," which is where most of the industry's challenges will be. --Sridhar Aiyangar, Group Head, Balance Sheet and Liquidity Management, Bank ABC
Ms. Saloni Ramakrishna brings great value to this critical but young and evolving subject through a rare blend of curated content and strategic intent with real world issues and a practical approach. --Dr. Sankarshan Basu, Author; Dean of AMSOM; Professor, Indian Institute of Management, Bangalore; Ph.D. from and taught at the London School of Economics and Political Science (LSE)
Ms. Saloni Ramakrishna brings to bear her vast hands-on practitioner's experience of advising and implementing projects for global clients, on how technology weaved intrinsically into complex risk management frameworks is a huge value multiplier. Her emphasis on the role and relevance of a well thought out, appropriately designed "Climate Information Architecture" as the bedrock of creating and perpetuating an active climate change risk management program, is spot on. --Jason Wynne, Group Vice President, Oracle Financial Services Global Business Unit; Previously Risk Technology Head of Australia & New Zealand Banking Group Limited, Australia
Erscheinungsdatum | 27.10.2023 |
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Reihe/Serie | The Moorad Choudhry Global Banking Series |
Zusatzinfo | 0 b/w and 72 col. ill., 33 b/w tbl. |
Verlagsort | Berlin/Boston |
Sprache | englisch |
Maße | 170 x 240 mm |
Gewicht | 673 g |
Themenwelt | Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre |
Schlagworte | Banken • Banking • Catastrophe modeling • Climate Risk • financial impact • Klimarisiko • Risk Management • Wirtschaft |
ISBN-10 | 3-11-075791-5 / 3110757915 |
ISBN-13 | 978-3-11-075791-0 / 9783110757910 |
Zustand | Neuware |
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