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With a growing focus on sustainable finance, and particularly the need for a robust toolkit for climate risk management and disclosure, the Institute of International Finance (IIF) and the EBF today published the findings of a joint survey of their members.
The survey of 70 financial firms around the world, with total assets of nearly $40 trillion, finds that the streamlining of measurement and disclosure frameworks, and increased international collaboration, are key to strengthening the climate-related risk analysis and reporting toolkit.
“This report demonstrates the important industry efforts underway to develop methodologies to better understand, measure and disclose financial risks from climate change,” said Dr. Axel Weber, IIF Chairman and...
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