Assignment: Climate-Related Risks in Banking
Objective:
Evaluate how climate risks—such as extreme weather events, temperature changes, or regulatory pressures (e.g., regulations on carbon emissions)—might pose threats to bank operations, potentially disrupting deposits, increasing loan defaults, affecting asset values, or impacting branch operations. Propose a strategy that includes proactive measures or policies to manage or mitigate these risks.
Due Date and Time: November 23, 2024, by 11:59 PM
Provided Data: Use the provided data files or source your own data if preferred. If you use your own, include the data source in your report.
1. Deposit Data (Deposit_Chase_2017.xlsx): Contains Chase’s branch information and deposits per branch as of 2017.
2. Mortgage Loan Data (MortgageLoan_Chase_2017.xlsx): Details on Chase’s 2017 mortgage loan originations.
3. Call Report Data (CallReport_Chase_2017.xlsx): Chase’s financial information for 2017. The file CallReportVariableKey_WRDS_2020.xlsx provides variable descriptions.
Evaluation Criteria:
1. Persuasiveness / Analytical Skills (50%):
o Support your arguments with clear, reliable references.
o Back up your points with data and relevant statistics.
2. Communicativeness (30%):
o Be concise; use bullet points when appropriate.
o Focus on a few critical points rather than covering everything.
o Begin each paragraph with a clear topic sentence, and start the report with a strong introductory paragraph that outlines the main topics.
o Include figures/tables if helpful.
3. Creativeness (20%):
o Propose original ideas rather than simply summarizing existing ones.
Extra points up to 20% will be awarded for reports that demonstrate excellent answers beyond the standard evaluation criteria.
Formatting:
· Maximum 2 pages (excluding References).
· Font: Times New Roman, 11 pt.
· Spacing: 1.15 line spacing, with space after paragraphs.
· Margins: 1 inch (2.54 cm) on all sides (default MS Word setting).
· File format: PDF
· File name: Lastname_Firstname_zID.pdf
· Title: Optional; you may include a title if desired.
Additional Note: This is an individual assignment. Each student must submit their own report. Special consideration will not be granted except in extreme circumstances, such as long-term hospitalization, due to the ample time provided until the deadline.