Bank of England tells banks to push on with climate risk analysis
Share:
LONDON (Reuters) - The Bank of England (BoE) has told banks and insurers to press ahead with analysing the impact of climate change on their operations, saying that guidance published on Monday would be followed by targets next year.The guide drawn up by the Climate Financial Risk Forum (CFRF), which was set up by the BoE and Britain's Financial Conduct Authority last year, is the first of its kind and sets out how financial firms can analyse and disclose risks from climate change and spot..