The Bank of England (BoE) is leading by example and disclosing its own assessment of how it is managing climate-related financial risk in its 2019/20 annual report.
In an announcement at the Network for Greening Financial Services (NGFS) conference the bank’s Governor, Mark Carney, announced that the BoE would be disclosing how they plan to integrate climate related risks across its balance sheet and processes in line with the Taskforce for Climate-related Financial Disclosures’ (TCFD) framework.
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