Principles for the effective management and supervision of climate-related financial risks

  • Subscribe to updates

  • Privacy
  • This field is for validation purposes and should be left unchanged.

The Basel Committee on Banking Supervision has published a public consultation on principles for the effective management and supervision of climate-related financial risks. The document forms part of the Committee’s holistic approach to address climate-related financial risks to the global banking system and aims to promote a principles-based approach to improving both banks’ risk management and supervisors’ practices in this area.

Page 6, Principle 11 refers specifically to operational risk.

Page 7, Scenario Analysis, Op Resilience

 

Related Posts

Long term value from ESG – the Importance of embedding a true ESG culture in your organisation
ESG, Environment, Social, Governance reporting seems like a good thing!  Being associated with ESG practices has a positive effect on the brand, which helps organisations to sell more products and services. Meta-analysis of over 1,000 studies published between 2015 and 2020 conducted by NYU Stern and Rockefeller Asset Management found a strong correlation between ESG …

Long term value from ESG – the Importance of embedding a true ESG culture in your organisation Read More »

When it comes to ESG, who are organisations accountable to?
As a measure of corporate integrity, ESG is being taken extremely seriously by Board level management, who recognise that driving business strategy in conjunction with ESG is now key to success. Indeed, there are reports that link good ESG performance with above average financial performance.  While annual reporting is important, it is merely the summary …

When it comes to ESG, who are organisations accountable to? Read More »

On Demand Webinar: Proving Corporate Integrity ESG
Webinar: 28th April 2022, 09:00 BST Environment, Social and Governance (ESG) reporting is a hot topic. Investors want to know the ESG credentials of their potential investments, and reputations can be won and lost if those ESG credentials are found wanting As a measure of corporate integrity ESG is being taken extremely seriously by Board …

On Demand Webinar: Proving Corporate Integrity ESG Read More »