Back to the Learning Academy or ESG 101.

The Link from Climate to Financial Risk

March 17, 2023
Manifest Climate
ESG, Governance, Disclosure

Climate change is an increasingly powerful financial risk driver for organizations of all sizes. Physical and transition risks each have the potential to impact companies' revenues, assets, and access to financing. However, identifying the link between climate risks and financial impacts is challenging. In this white paper, Manifest Climate outlines the key climate risks organizations face and how they translate into financial impacts. Read more to see how we describe the various transmission channels that lead from specific climate risks to organizations' financial variables and explore how companies can go about mapping climate risks to financial impacts.

The Link from Climate to Financial Risk

Related Articles

June 24, 2025
TMX Group

Canadian Climate Investor Conference Recap

On June 11, we gathered over 200 attendees to champion the future of cleantech in Canada. The energy was palpable as 13 pioneering TSX and TSXV cleantech companies showcased their groundbreaking innovations across four dynamic themed panels.

June 26, 2025
TMX Newsfile

Coordinated Disclosure: How to Align Your Press Release with SEDAR+ and EDGAR Filings

When your company’s earnings news hits the market, stock prices can react in milliseconds. In today’s high-speed environment, alignment between your press release and corresponding SEDAR+ or EDGAR filing is more than a best practice. It’s a strategic imperative.

TMX Group Limited and its affiliates do not endorse or recommend any securities issued by any companies identified on, or linked through, this site. Please seek professional advice to evaluate specific securities or other content on this site. All content (including any links to third party sites) is provided for informational purposes only (and not for trading purposes), and is not intended to provide legal, accounting, tax, investment, financial or other advice and should not be relied upon for such advice. The views, opinions and advice of any third party reflect those of the individual authors and are not endorsed by TMX Group Limited or its affiliates. TMX Group Limited and its affiliates have not prepared, reviewed or updated the content of third parties on this site or the content of any third party sites, and assume no responsibility for such information.

Copyright © 2025 TSX Inc. All rights reserved.