Month: January 2024

https://blogs.cfainstitute.org/investor/2024/01/17/climate-risk-and-the-future-of-us-commercial-real-estate/?s_cid=eml_Enterprising

The imperatives of climate change demand enhanced risk management in the commercial real estate (CRE) loan market: Investors and lenders must refine their strategies and conduct meticulous property-level risk assessments as part of their credit analysis. Community and regional banks are particularly susceptible to climate-related financial risk due to their CRE loan balance sheet exposure and must navigate unpriced climate risks to ensure balanced and resilient loan portfolios. To maintain portfolio health and overall stability, these institutions must exercise ongoing vigilance in their risk monitoring.

https://www.wsj.com/business/energy-oil/exxon-sues-two-esg-investors-2057e696?mod=Searchresults_pos1&page=1

Exxon Mobil XOM -0.16%decrease; red down pointing triangle is suing two sustainable investment firms in a bid to block them from putting forward a shareholder proposal that would commit the oil company to further curb its greenhouse-gas emissions and target its customers’ emissions.

In a federal lawsuit filed in Texas on Sunday, the Houston-based oil giant said investment firms Arjuna Capital and Follow This became Exxon shareholders only to put forward proposals that would “diminish the company’s existing business.”