As companies around the world move quickly to quantify risk associated with climate change, U.S. regulators, policymakers, investors and banks themselves are slowly working to level the playing field with the rest of the world. The SEC’s Climate Disclosure Rule for issuers requires companies to disclose climate-related risks that are reasonably likely to have a material impact on their business, results of operations, or financial condition. The SEC’s rule would also require disclosure of a company’s greenhouse gas emissions. In addition, the Federal Reserve plans to start climate stress-testing exercises with the largest U.S. banks to further clarify how to manage climate risk.
Join S&P Global Market Intelligence and leading banking industry executives as they discuss how banks can take steps to begin to assess, monitor and manage risk created by climate change and the low carbon transition.
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