Financial risk, resilience, and planning

Chapter Zero, in collaboration with the Climate Governance Initiative (CGI), hosted a workshop during London Climate Action Week for non-executive directors and senior leaders of financial services firms. Delivered by Suzy Glass, Co-CEO of BRAE, the workshop explored how board members of financial services firms should communicate the business case for climate consistently and with conviction in the context of current geopolitical and ESG headwinds.

In this online session from Chapter Zero, the Climate Governance Initiative and the World Benchmarking Alliance​ (WBA), our speakers presented the Financial System Benchmark 2025 results and why the leaders are leading. The session offered Financial Sector (FS) Board members and executive teams a clear view of their institution's performance relative to peers and how this has been measured, particularly regarding governance and strategy. 

Watch this webinar from Chapter Zero and the Deloitte Academy, where we explored the range of tax credits and incentives available to UK businesses operating more sustainably as the UK advances towards its net-zero goals.

In May 2025, the Network for Greening the Financial System (NGFS) has released the first vintage of short-term scenarios - a tool for analysing the potential near-term impacts of climate policies and climate change on financial stability and economic resilience.

Robust scenario analysis is key to managing material climate risks for financial firms. NEDs can use this briefing to gain strategic insights, provide governance, and meet incoming regulatory expectations.

This Climate Governance Initiative case study looks at Metro Pacific Investments Corporation (MPIC), a leading infrastructure investment company in the Philippines, viewing the challenges of a developing nation like the Philippines as an opportunity for bold climate leadership.

This Climate Governance Initiative case study looks at Brazilian beauty giant Natura &Co that has long been a champion of sustainability.

Prudential Regulation Authority (PRA) has issued a consultation paper CP 10/25 updating Supervisory Statement SS3/19 to clarify and strengthen supervisory expectations around how banks and insurers should identify, assess, govern and manage climate-related risks.

Published 10 April 2025, South Pole's net zero 2025 report surveyed 350 financial institutions to better understand how businesses are progressing towards their targets.

This report sets out the Bank's latest thinking on climate-related risks and regulatory capital frameworks. The report includes updates on: capability and regime gaps; capitalisation timelines; and areas for future research and analysis.