Industry Investment Rating - The report does not explicitly provide an investment rating for the industry, but it emphasizes the urgency and importance of transitioning to sustainable business practices, particularly in the context of climate change and nature crises [8][90] Core Viewpoints - The transition to a sustainable economy is underway but will require perseverance and ongoing ambition, as the process is likely to be disorderly and disruptive [9][91] - Businesses must rapidly address climate and nature crises while preparing for the impacts already underway, as emissions continue to rise and nature degradation worsens [8][90] - The development and deployment of technology must be approached wisely, with caution against over-reliance on unproven technological solutions at the expense of policy reform and behavior change [10][94] - There is a growing tension between economic growth and environmental goals, necessitating a fundamental rethink of economic systems and business models [11][98] - Companies have a critical role in promoting truth, democracy, and cooperation, especially in the face of political polarization and misinformation [12][102] - The agenda for boards and the C-suite has become more complex, requiring strategic foresight and agility to navigate a rapidly changing landscape [13][105] Key Developments in Sustainable Business - The energy transition has moved from aspiration to reality, with clean energy technologies becoming cheaper and more widely adopted, though fossil fuel demand remains high [41][42] - Climate change and nature crises have intensified, with record-breaking temperatures, extreme weather events, and biodiversity loss posing significant risks to business and society [46][47] - Social cohesion and democracy have come under strain, with rising inequality, political polarization, and misinformation complicating efforts for sustainable business [49][50] - Geopolitics and trade have entered a new era, with decoupling between China and the West, supply chain disruptions, and increased protectionism [53][55] - Technology has grown more powerful, with mixed results, as some innovations fail to scale while others, like AI, hold promise but also pose risks [61][63] Evolution of Sustainable Business Practices - Climate and nature have become material risks for business and finance, driving the adoption of net zero commitments and nature-related disclosure frameworks [69][71] - Business and human rights have matured, with justice and equity emerging as new concerns, particularly in the context of climate justice and the just transition [74][75] - Sustainability disclosures have become increasingly mandatory and harmonized, with governance accountability rising to the board level [75][76] - Responsible development of technology has emerged as a concern, with businesses expected to ensure that new technologies respect human rights and ethical principles [80][81] - The ESG backlash has complicated efforts, with political and social resistance slowing progress on sustainable business commitments [84][85] Strategic Insights for Business - Businesses must accelerate progress on climate and nature while preparing for the disruption already underway, as the impacts of these crises are becoming increasingly existential [90][91] - The transition to a sustainable economy will require ambitious vision and commitment, complemented by strategic foresight and agility to navigate a turbulent and disruptive period [91][92] - Companies should balance technological innovation with policy reform and behavior change, avoiding over-reliance on unproven solutions like carbon dioxide removal [94][95] - A fundamental rethink of economic systems and business models is urgently needed to address the tension between growth and environmental goals [98][100] - Businesses have a unique role in promoting truth, democracy, and cooperation, particularly in the face of political polarization and misinformation [102][104] - Strategic foresight is essential for navigating the rapid and complex changes ahead, with scenario planning and horizon scanning helping businesses prepare for future uncertainties [107][109]

各位在线观看的朋友们,大家下午好。我是新世纪评级结构融资部的郝伟。非常高兴今天有这样的机会与大家进行线上的交流。今天我们会议的主题是 不良贷款ABS的概况及信用风险研究。2023年以来,信贷ABS的发行总量呈小幅下降的态势,然而不良贷款的ABS发行单数和规模却连续保持了较大的增幅。具体看年度数据,2023年银行电视厂新发行的信贷ABS产品中,近6成是NPL产品, 那么由此可见,银行发行不良ADS的需求是十分旺盛的。今天就NPL产品,我的分享将分为以下几个方面。第一,银行业的不良资产现状分析。第二,介绍不良资产的储值方式。第三,再看一下2024年新发行产品的特征和趋势。 第四,最后一个部分,我们再看一下目前存量的NPL产品它的回收表现如何。下面我们就进行到第一部分,银行业不良资产的现状分析。先看第一张图,这张图是我国近年来商业银行关注类和不良类贷款的余额和占比情况。 占比方面近年来关注和不良贷款的比例均比较平稳但是从规模上来看从2021年起全行业关注类的规模明显增加同时不良类的贷款规模小幅增长此外还需要考虑到的是关注和不良类贷款占比比较平稳其中一个方面的原因是分母当中 信貸規模是隨著新增貸款而逐漸增大的。而近年 ...

Industry Investment Rating - The report does not explicitly provide an investment rating for the financial institutions (FIs) or the industry as a whole [1][2][3] Core Report Findings - Recent rollbacks in reproductive and LGBTQI+ rights in the US have created a fragmented legal landscape, exposing FIs to legal, reputational, and financial risks [8][9] - Two prominent areas affected by these rollbacks are reproductive rights, including access to abortion, and LGBTQI+ rights, impacting an estimated 70 million people [9] - Following the overturning of Roe v Wade in June 2022, 14 states have made abortion illegal, with healthcare providers facing financial and criminal penalties [9] - In 2023, 571 anti-LGBTQI+ equality bills were introduced in state legislatures, with 77 signed into law, many criminalizing gender-affirming care [9] Financial Institution Involvement - FIs may be involved in adverse impacts on reproductive and LGBTQI+ rights through the collection of financial and personal data, handling of law enforcement requests, and barriers to accessing financial products and services [18][19] - FIs may also contribute to inequitable healthcare coverage and workplace discrimination, as well as the use of undue influence in public affairs [19] - The right to equality and nondiscrimination is at heightened risk in the current US context [20] Material Risks for Financial Institutions - FIs face global compliance risks as governments outside the US enact regulations requiring companies to assess and report on human rights impacts, with potential penalties including fines and reputational harm [14] - Employee mobility, attraction, and retention are affected as workers prefer to live in states where abortion and LGBTQI+ rights are guaranteed [15] - Investors are increasingly concerned about data privacy policies and practices, particularly how sensitive customer data is handled [16] - Consumer expectations and reputation risks are significant, with 79% of Gen Z respondents believing people should have the right to decide whether to continue a pregnancy [17] Recommendations for Financial Institutions - FIs should adopt a principles-based approach to navigate the US context, aligning with the UN Guiding Principles on Business and Human Rights (UNGPs) [21][22] - Steps include making and embedding a commitment to respect human rights, assessing impacts on reproductive and LGBTQI+ rights, and addressing or mitigating conflicts [22][23] - FIs should avoid overcompliance, ensure equitable treatment in financial services, and use rights-respecting leverage through multistakeholder engagement [23][24] - Monitoring the effectiveness of measures and demonstrating efforts to respect reproductive and LGBTQI+ rights are also recommended [25] Conclusion - The fragmented legal landscape and political polarization in the US expose FIs to ethical dilemmas, including safeguarding customer privacy and ensuring equitable workplaces [158] - Adopting a principles-based approach grounded in the UNGPs framework provides FIs with a roadmap to navigate these challenges and support human dignity [159]

Effective Engagement with Technology Companies A Guide for Civil Society ...