Kennedys – Climate-related financial disclosure – the Bank of England report

  • FOIL
  • FOIL Ireland
  • FOIL Scotland
  • London FOIL

Author - Louise Campbell

On 18 June 2020, the Bank of England (the Bank) released its first report regarding its own exposures to climate change-related financial risks and its proposed strategy to manage those risks effectively. It has done so bearing in mind its expectations (as set out in Supervisory Statement 3/19 dated 15 April 2019) for financial firms, including all UK insurance and reinsurance firms, to consider the same up to the highest level of executive management.

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