Bank of England acknowledges 'material climate-related financial risks'

James Murray
clock • 3 min read
Bank of England acknowledges 'material climate-related financial risks'

Latest climate update from Bank of England confirms it has cut emissions by a fifth, but concerns remain over impact of climate change on sovereign bond holdings

The Bank of England has this week published its Climate-related Financial Disclosure 2024, confirming it has reduced its emissions by 21 per cent over the past year and is continuing to ramp up efforts...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Risk

Study: Over £18bn of food imports at risk from soaring Mediterranean temperatures

Study: Over £18bn of food imports at risk from soaring Mediterranean temperatures

ECIU analysis reveals how Mediterranean nations that provide over half of some popular imports are seeing agricultural workers hit hard by extreme heat

James Murray
clock 10 September 2026 • 3 min read
Survey: Over 90 per cent of businesses have suffered financial losses due to climate disruption

Survey: Over 90 per cent of businesses have suffered financial losses due to climate disruption

More than three quarters of business leaders claim their sustainability data is insufficient and is yet to be properly harnessed to tackle escalating climate risks

clock 09 September 2026 • 3 min read
Study: Carbon markets overlook value of natural carbon sinks

Study: Carbon markets overlook value of natural carbon sinks

Land and ocean carbon sinks are under pressure, but carbon pricing mechanisms are struggling to protect them, Wood Mackenzie warns

clock 04 September 2026 • 4 min read