MADISON, Wis.–Filene today will host what it said will be a “first-of-its-kind” webinar titled “An Unavoidable Challenge: The Changing Climate for Credit Unions.”
The webinar is being presented with Ceres, its research partner and will focus on risks presented by climate change. It is scheduled to begin at 12 p.m. ET.
“In October 2021, the U.S. Financial Stability Oversight Council released a report stating that climate change is an ‘emerging threat to the financial stability of the United States’,” Filene said in announcing the webinar. “Credit unions across the country already have experienced the devastating impacts of climate-related disasters like hurricanes and wildfires and are often among the first to open their doors and provide financial support to their members even when their own systems were impaired.”
A Special Opportunity
According to Filene, credit unions have a special opportunity to not only react to the challenges of climate change but to “lead the consumer finance system proactively towards a climate resilient future.”
The webinar, said Filene, will identify a range of recommended actions credit unions can take to make climate change a strategic priority, deepen the CUs understanding of the potential impacts from climate change and develop collective resources to measure, analyze, disclose, and mitigate exposure.
Leading the webinar will be Jim Scott, senior advisor with Ceres, and Taylor Nelms, senior director of research with Filene.
How to Register
To register, go here.
CUToday.info has additional coverage of the Filene report on climate change here.