Finance firms must take further steps on climate change – Carney
BoE governor calls for broadening of climate effort, including push for better risk management
Financial firms should “ensure that every financial decision takes climate change into account”, the Bank of England governor Mark Carney said today (February 27).
He highlighted three key areas of focus, including improved “quantity and quality” of climate disclosures, better risk management and stress-testing, and help for firms to “identify the opportunities” in the transition to net zero.
Carney, who will leave the BoE in just over two weeks’ time, was speaking partly in his capacity as
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