Free Climate Change Consultation "The time to push ahead on tackling climate change" Governor, Bank of England
The Governor of the Bank of England spoke recently at the Corporation of London Green Horizon Summit, Mansion House on how, as central bank and regulator of the world’s leading global financial centre, the PRA will not lose focus on tackling climate change and the role of the financial system. Meanwhile the Chancellor, Rishi Sunak, announced that within five years it will be mandatory for large companies and financial institutions in the UK to disclose their financial exposure to climate risk as part of net-zero plans.
Schedule time with us
We offer a free, 15-minute briefing to bankers, lenders and insurers about how we can better prepare your business for the impact of environmental hazards and climate change.
..and you will learn about...
Our insights into the PRA requirements
in terms of exposure to climate-related risk drivers with appropriate granularity and supported by climate-relevant data
The UK’s first and most granular climate change flood model
trusted by banks and insurers to meet regulatory requirements
How we are helping banks, lenders and insurers address the risks from climate change
through identification, monitoring, measuring and reporting on exposure to climate risk
Strategic trends in the market
how firms are incorporating financial risks from flood risk into their existing risk management frameworks
Climate risk and scenario analysis
Use of long-term scenario analysis to inform your strategy setting and risk assessment and identification
The Climate Financial Risk Forum has until March 2022 to build on its Guide published in June 2020, undertaking further work to develop recommendations and highlight examples of good practice in relation to firms’ use of climate-related data, methodologies and metrics.