Tuesday, December 6, 2022
Pen and paper

Financial Stability Board releases progress report on climate-related financial risk

The Financial Stability Board earlier this month issued a progress report on its work to implement its roadmap for addressing climate-related financial risk.

Specifically, the report noted that significant progress has been made toward establishing global baseline climate reporting standards, with the newly established International Sustainability Standards Board issuing exposure drafts addressing climate and general sustainability-related disclosure statements.

Click here to read the report from the FSB.