Climate risks in strategy and risk management

Aufsichtserwartung

The management body is expected to consider climate-related and environmental risks when developing the institution’s overall business strategy, business objectives and risk management framework and to exercise effective oversight of climate-related and environmental risks.

Adressat: The management body

Fundstelle: Expectation 3

Quelldokument

• Walking the talk - Banks gearing up to manage risks from climate change and environmental degradation (results of the 2022 thematic review) (November 2022)