Vendors
日本語

OakNorth: Weaving Climate Risk and Risk Management

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
20 March 2024

Winner of the 2024 Celent Model Risk Manager Award for Emerging Risks

Abstract

OakNorth is integrating climate transition risk into portfolio risk management. ON Climate provides lenders the ability to assess climate transition risk on their loan book. Climate and credit risk teams get access to immediate and actionable intelligence on C&I portfolios down to the individual borrower level, enabling them to:

  • Calculate financed emissions across the commercial loan book without collecting emission data from customers.
  • Mitigate regulatory risk by identifying climate risk in portfolios early, allowing the creation of effective climate transition risk strategies.
  • Incorporate climate risk measurement into regular portfolio management and underwriting processes.

See webinar link below for a video interview with Matt Bullivant, Director of Sustainability and ESG Strategy, OakNorth.

Related Research