Navigating nature-related risks: Identifying and assessing material issues and how they shape financial institutions´risk profiles
Financial regulators across Europe are increasingly requiring financial institutions to assess and manage climate and nature- related risks and the related impacts on traditional financial risks. A key step to effective risk management is conducting materiality assessments; but challenges with robust methodologies often hinder this process, and lead to underestimating these risks. In Switzerland, the Financial Market Supervisory Authority (FINMA) has set supervisory expectations on nature-related financial risks, becoming fully enforceable by 2028. This gives financial institutions time to ensure compliance, increase their understanding of nature-related financial risk and strengthen their risk management practices.
Framing this topic
This short section provides context for the event to ensure all participants, regardless of prior knowledge, are equipped to engage with the discussion.
This event will explore supervisory expectations across Europe, with a spotlight on FINMA’s new circular. A moderated discussion among banks, insurers, consultants, and data and solutions providers will share practical lessons on assessing the materiality of nature-related risks – highlighting challenges, opportunities and the strategic value. Participants will leave with concrete insights on how to assess, interpret and, ultimately, manage nature-related financial risks.
