Risk Exposure from Environmental Unfriendliness

Source Article: (The New York Times, 31 August 2010)

Some banks are curtailing relationships with companies that have poor environmental reputations, showing that environmental disasters may represent a growing risk to banks’ bottom lines.
Our View: Environmental risk exposure has become even more pronounced with recent high-profile cases and is likely going to be one cause of companies’ lower access to credit. But failure to secure adequate liquidity will cripple companies’ growth plans and leave them exposed to undue financial risk. Even when adequate liquidity is secured, it will come at a much steeper price than in the past, with credit facility terms likely to a have a material impact on earnings in the years ahead.
How We Can Help Treasury Clients: Find out what we’re hearing from treasurers about how they are dealing with lower access to credit. Read our research on how companies can shift banking relationships from an art to a science.
How We Can Help CFO Clients: Find out what we’re hearing from CFOs about how they are dealing with lower access to credit. Tune in to our webinar replay on how to improve banking relationships.