Why JPMorgan is looking at climate, energy and food system risks through a resilience lens

In this episode of the All Things Sustainable podcast, we cover Climate Week NYC key takeaways with a guest who brings together perspectives from climate science and the financial sector: Dr. Sarah Kapnick.

Sarah is Global Head of Climate Advisory at the largest bank in the US, JPMorganChase. Before joining the bank, she was Chief Scientist for the US National Oceanic and Atmospheric Administration, or NOAA.

In the episode, we unpack how the business and finance communities are responding to volatility from climate change, geopolitical conflicts and supply chain disruption. Sarah explains why a powerful El Niño forecast has put food security in the spotlight at Climate Week NYC.

Across these topics, Sarah says she's increasingly putting resilience front and center in conversations with clients. "You can't just build resilience for what you've seen in the past," she says. "You need to be building resilience to what we know will come in the future."

Sarah says events like summer's heat waves have led to increased awareness of the physical impacts of climate change. "It's moving from being theoretical to actually physical and financial," she tells us. "And that is what I think is going to really drive action and capital deployment in the coming years."

We recorded this episode on the sidelines of The Nest Campus, where the All Things Sustainable podcast is an official media partner. Listen to all of our Climate Week NYC coverage:

Tech giant NVIDIA talks AI's sustainability risks and opportunities

New York bank CEO talks affordability, AI and climate solutions at Climate Week NYC

PRI interim CEO talks changing landscape for responsible investment

As Climate Week NYC kicks off, energy, climate and national security converge

Read thought leadership on El Niño from the S&P Global Climate Center of Excellence: El Niño: The climate science view of key regional impacts and risks | S&P Global

Read S&P Global's latest thought leadership on corporate adaptation planning: As climate risk mounts, more companies turn to adaptation planning to build resilience | S&P Global