'Further work required': Bank of England raises alarm over financial industry's inconsistent approach to climate risk

clock • 2 min read
The Bank of England's PRA puts responding to climate risk among top priorities for 2022
Image:

The Bank of England's PRA puts responding to climate risk among top priorities for 2022

Prudential Regulation Authority puts action on climate risk among its top priorities for global banks in 2022

The Bank of England's Prudential Regulation Authority (PRA) has bemoaned a lack of consistency across the financial industry when it comes to responding to the impacts of climate change, warning that it...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Access our Intelligence Reports and exclusive data-rich studies on business-critical aspects of the green economy (BG Advanced members only)
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on BusinessGreen