Sustainability reporting, including climate, is rapidly evolving and becoming more formalised, with the development of standards in the international regulatory space as well as specific jurisdictions such as the EU and the US. The International Sustainability Standards Board (ISSB) is taking a 'climate-first' approach, as is the US Securities and Exchange Commission (SEC).
Our benchmarking analysis focuses on the climate-related disclosures made by 35 major banks around the world.
There are two phases to our analysis:
- Phase 1: our benchmarking of the banks’ climate-related disclosures in their 2022 annual reports
- Phase 2: banks’ TCFD1 disclosures and climate-related disclosures in other standalone reports.
Banks’ 2022 annual reports
Banks’ climate-related disclosures in other standalone reports
1 Task force on Climate-related Financial Disclosures
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