FCA Climate Change Adaptation Report

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The FCA’s recent Climate Change Adaption Report sets out the steps that the FCA has seen the industry take to mitigate the risks climate change presents, and it identifies areas, such as retail investments and mortgages, where more needs to be done. Additionally, the report examines how the industry is making commitments to reach carbon net zero. The FCA is keen to see these commitments put into action, backed up by appropriate governance and transition plans that will turn pledges into reality, something that Operational Risk Software can help with.

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