Energy Sector Risk Outlook

by Lamia Al Othman

While renewable energy investment continues, critical mineral shortages, supply chain disruptions, and concentration of AI capabilities present new systemic risks. As we near the end of the year we revisit six of the major trends Read more

EU risk preparedness outpaced by potential threats

While the European Union (EU) is more prepared to deal with major crises than it was five years ago, the complex risk landscape has outpaced the body’s speed in dealing with them, according to a report published by the Read more

Top risk categories relatively stable

Climate change, cybersecurity, geopolitical stability and other key risks have remained at the top of insurance survey rankings over the past four to five years, according to Axa future risk report 2024.

Climate change, for example, has Read more

ISSB issues global sustainability disclosure standards

The International Standards Setting Board released two major documents on sustainability in June – IFRS1 and IFRS2

IFRS1 set out the General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 sets out Climate-related Disclosures. Together the Read more

UK businesses drag feet on climate preparations

Just over half (51%) of the UK’s businesses said it was the responsibility of government to ensure that organisations successfully adapt to the challenges of climate change – compared with only 15% that believed responsibility lies with their organisations. 

Read more

Extreme weather risk threat from return of El Niño

The world faces another year of extreme weather risk as experts predict that the conditions are right for the return of El Niño – a phenomenon that raises the temperature of the Pacific Ocean. If that occurs, Australia is Read more

IPCC advocates immediate action on climate change

Global temperatures are likely to rise by over 1.5°C above pre-industrial levels over the next few decades, according to the latest report from the Intergovernmental Panel on Climate Change (IPCC)

But if governments and industry take immediate and Read more

EU strengthens regulation targeting deforestation

The European Union has agreed to strengthen regulation targeting products that contribute to deforestation.

New regulation aims to set strong, mandatory due diligence rules for companies importing to or exporting from Europe. Businesses will need to prove that their Read more