Today, the Ceres Accelerator for Sustainable Capital Markets and Filene Research Institute introduced a first-of-its-kind report on the climate-related physical and transition risks facing U.S. credit unions. The report, The Changing Climate for Credit Unions, outlines the implications of ignoring climate threats as well as recommendations for effective climate risk management.
Credit unions are an intrinsic part of our consumer finance system and uniquely positioned to address the climate crisis. Their members represent a diverse cross-section of U.S. households. Many of these communities are underserved and are already more likely to be severely affected by climate disasters. Credit unions have the potential to build climate resilience to safeguard the savings of the local communities they represent.
If you are one of the more than 130 million people with an account at a credit union, we urge you to download this report and take it to your local branch. It offers concrete action steps your credit union can take to mitigate risks and become part of the solution.
Join Ceres and Filene on July 28th at 12pm ET for a webinar to discuss the report’s findings and recommendations with a panel of credit union leaders. Invite your local branch to join the conversation too and share the registration link.