This report provides an overview of the current state of climate risk and resilience strategies in the financial services industry. It examines the state of climate care and compliance in financial services, delving into specific types of ESG offerings across the FS sector (such as green bonds, ESG wealth management offerings, and green insurance). The report lists different products and practices providers are utilizing to maximize their bottom line while staying compliant. It also analyzes climate trends in finance, including US President Donald Trump’s impact on ESG headcounts.
Financial services companies’ climate targets and ESG headcounts have been pushed to the side since the start of Donald Trump’s second term in office, despite an increase in worldwide climate scrutiny. This report discusses the impact of financial services on the climate, and the resilience strategies companies can adopt to stay ahead of all future political developments. It investigates how insurers, wealth managers, and banking and payments companies can reduce their own emissions while providing suitable products for climate-conscious customers.
Financial services companies’ climate targets and ESG headcounts have been pushed to the side since the start of Donald Trump’s second term in office, despite an increase in worldwide climate scrutiny. This report discusses the impact of financial services on the climate, and the resilience strategies companies can adopt to stay ahead of all future political developments. It investigates how insurers, wealth managers, and banking and payments companies can reduce their own emissions while providing suitable products for climate-conscious customers.
Report Scope
- The US had 27 separate billion-dollar weather and climate disasters in 2024, above the average annual number of events.
- US green bond issuance dropped 88% year over year in Q2 2025.
- A 2022 Oxfam report noted that a billionaire’s average financed emissions were over 1 million times higher than the average for individuals outside the richest 10% of humanity. The same report found that the investments of just 125 billionaires emit total emissions comparable to the entire emissions of France.
Reasons to Buy
- Understand key developments in climate compliance in the FS space.
- Discover the climate resilience strategies of industry leaders and competitors.
- See the impact of US President Donald Trump’s policies on climate-related financial offerings.
- Learn how insurers are adapting to a rising number of billion-dollar climate events.
- Learn how wealth managers are adapting to changes in supply and demand of ESG wealth management offerings.
- Learn how banks are reducing ESG headcounts and green bond issuance.
Table of Contents
1. Executive Summary2. Climate Risk in Financial Services
3. Resilience Strategies in Financial Services
4. Resilience Strategies in Insurance
5. Resilience Strategies in Banking and Payments
6. Resilience Strategies in Wealth Management
7. Glossary
8. Further Reading
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Swiss Re
- Munich Re
- Zurich Re
- Hanover Re
- AXA
- Allianz
- Lloyds of London
- Goldman Sachs
- Citigroup
- Bank of America
- Morgan Stanley
- JP Morgan Chase
- BlackRock
- Deloitte
- S&P Global
- HSBC
- Barclays
- UBS
- Howden
- GeoVera
- State Farm
- Lloyds Market Association
- ICEYE
- Arbol
- RiskStream
- Descartes Underwriting
- Amica
- By Miles
- Naturesave
- Ageas
- Oka
- Chubb
- Aviva
- MSCI
- ERM
- CDP
- DNB
- NatWest
- BNP Paribas
- ING Group
- Cogo
- Ecolytiq
- Mastercard
- Danske Bank
- Mizuho
- Deutsche Bank
- Nordea
- SEB
- SFMG
- Carbonplace
- Greenspark
- Visa
- American Express
- Doconomy
- Treecard
- Bunq
- Aspiration
- Paypal
- South Pole
- LGT Wealth Management
- Vanguard
- Schroders
- Royal London
- LGIM
- Janus Henderson
- Edentree
- Ninety One
- Baillie Gifford
- Rathbones
- Quilter Investors
- Rothschild & Co
- 7IM
- Tribe Impact Capital
- Bloomberg
- Nasdaq
- PwC
- NORD
- LB
- The Lightsmith Group
- Coutts
