Risk Consortium News Today

People in UK and Portugal carrying same multidrug-resistant bacteria as their pets; call for dogs and cats to be included in assessments of antibiotic resistance. Researchers have found evidence of antibiotic-resistant bacteria transmission between pets and their owners in the UK and Portugal, hi

Zions Bancorp and Webster Financial are among the inaugural members of the Risk Management Association’s climate-risk consortium for regional institutions. Like its large-bank counterpart, the group will work with banks to help guide the economy's transition to a low-carbon future.

A new consortium of big banks, including Wells Fargo and Bank of America, is hashing out climate risk frameworks amid ongoing talks with banking regulators regarding the industry's future climate-related goals, the head of the organization behind the group told Law360 on Wednesday.

The Risk Management Association (RMA) announced today that 19 leading banks have formed the RMA Climate Risk Consortium (“The Consortium”), which will develop standards for banks to integrate climate risk management throughout their operations, preparing the industry to help economies transition to a low-carbon future.