臺灣銀行業氣候風險壓力測試評估：中小企業氣候風險辨識之挑戰

Abstract

This study explores the challenges faced by banks in Taiwan when conducting climate stress testing for their small and medium-sized enterprises (SMEs) loan portfolios.As climate change increasingly impacts economic stability, banks must integrate climate risk assessments into their financial practices.However, SMEs' unique characteristics and vulnerabilities pose significant obstacles in this process.The study utilizes text mining techniques to analyze 30 Task Force on Climate-related Financial Disclosures (TCFD) reports from Taiwan's banking sector.Key findings highlight that banks often need to pay more attention to critical climate risks following international standards or experiences while neglecting Taiwan's unique geographical location, climate, and industrial characteristics.This discrepancy indicates a need for more comprehensive risk identification and management strategies.Also, through the text mining process across 30 reports, the research identifies gaps in current practices and suggests improvements.Banks must enhance their climate risk assessment frameworks to support SMEs better, incorporating a more comprehensive range of potential climate impacts and ensuring more accurate stress testing.The findings emphasize the importance of developing robust climate risk management tools and frameworks tailored to the specific needs of SMEs.By addressing these challenges, regulators and banks can improve their resilience to climate-related risks and contribute to a more sustainable financial system.

This study explores the challenges faced by banks in Taiwan when conducting climate stress testing for their small and medium-sized enterprises (SMEs) loan portfolios.As climate change increasingly impacts economic stability, banks must integrate climate risk assessments into their financial practices.However, SMEs' unique characteristics and vulnerabilities pose significant obstacles in this process.The study utilizes text mining techniques to analyze 30 Task Force on Climate-related Financial Disclosures (TCFD) reports from Taiwan's banking sector.Key findings highlight that banks often need to pay more attention to critical climate risks following international standards or experiences while neglecting Taiwan's unique geographical location, climate, and industrial characteristics.This discrepancy indicates a need for more comprehensive risk identification and management strategies.Also, through the text mining process across 30 reports, the research identifies gaps in current practices and suggests improvements.Banks must enhance their climate risk assessment frameworks to support SMEs better, incorporating a more comprehensive range of potential climate impacts and ensuring more accurate stress testing.The findings emphasize the importance of developing robust climate risk management tools and frameworks tailored to the specific needs of SMEs.By addressing these challenges, regulators and banks can improve their resilience to climate-related risks and contribute to a more sustainable financial system.