CFRF guide to climate-related financial risk management

Industry News | 29/06/20

The Climate Financial Risk Forum (CFRF), co-chaired by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA), has published its guide to climate-related financial risk management. The Guide comprises four industry-produced chapters (covering disclosures, innovation, scenario analysis and risk management) and a summary co-produced by the FCA and PRA. It aims to help financial firms understand the risks and opportunities that arise from climate change, and provides support for how to integrate them into their risk, strategy and decision-making processes.