Publications

Global Risk Institute is a preeminent source of ideas on the management of emerging risks and trends for financial services organizations

Publication Library


Article

Climate Risk and Sustainable Finance – Outlook for 2020

Recognition of the risks and opportunities associated with climate change reached new peaks across financial markets in 2019. But where to from here? From big picture global forces right down to expected milestones in the Canadian financial sector, here are five big trends that will shape the climate risk and sustainable finance space in 2020

White Paper

2019-2020 Risk Outlook Survey

This marks the fourth year we have conducted the Risk Outlook Survey. The results provide key insight into risks to the Canadian financial system, views on Canada's financial stability & global economies.

Article

Artificial Intelligence/Machine Learning: The CRO’s Agenda

Around the world, there is a steady increase in people searching for "Artificial Intelligence" and "Machine Learning" on the internet. With this increase in public interest, what is important for CROs and financial executives to understand from this?

Research Report

Drivers of Successful Pension Investing: Lessons from the Canadian Model

In this study, we aim to understand how Canadian pension funds directly invest in private markets in comparison to their international counterparts. We focus our attention on the real estate sector in which Canadian funds have been particularly active, and analyze hundreds of real estate transactions made by Canadian and non-Canadian funds over the past 20 years.

Opinion

Debrief for Canadian Financial Institutions on COP25 Outcomes

Debrief for Canadian Financial Institutions on COP25 Outcomes Alyson Slater and Sara AghakazemJourabbaf, Global Risk Institute Global leaders concluded their annual negotiations on climate change over the past weekend, where carbon markets and more ambitious national emission reduction plans were key agenda issues. The Global Risk Institute in Financial Services has put together a quick... View Article

Research Brief

What Keeps Bank Board Directors Awake at Night

Chief Risk Officers are constantly asked this question. However, it's not just CRO's or their executive management teams, that should have trouble sleeping. With an ever-increasing focus on governance, board of directors must focus on risks, traditional and emerging, that could impact the health and stability of their organizations.

Research Brief

Building a Strong Risk Culture

Even the most casual observer will notice that newspaper headlines continue to be fuelled by a steady stream of corporate scandals, malfeasance, and other assorted conduct and risk management “missteps”. A commonly recurring theme in much of the ensuing narrative and analysis is that these events are often directly attributable to some form of material “failure of (risk) culture”. In this paper, we explore a working definition of a “strong risk culture” as a guide to identify key management practices and conditions that can often play a critical role in shaping an organization’s risk culture.

White Paper

The Current State of Climate Disclosure by Financial Institutions

In our latest publication, we review the current practices that financial institutions are employing, globally, to comply with the recommendations developed by the Task Force on Climate-related Financial Disclosure (TCFD). We call for continued actions by the financial sector, governments, and standard-setting organizations and highlight six key areas of improvement to accelerate climate action and reporting.

Research Report

Strategic Asset Allocation with Climate Change

We develop a top-down strategic pathway towards green investing and show that eco-investing should not be a puzzle or a sacrifice if investors consider the unknown impact of climate change on different asset classes.