Understanding climate and environmental risks

Aufsichtserwartung

The management body itself is also expected to have an adequate understanding of climate-related and environmental risks in order to be able to consider in its assessment of collective suitability the knowledge, skills and experience needed for sound and effective management and disclosure of climate-related and environmental risks to which the institution is exposed.

Adressat: The management body

Quelldokument

• Guide on climate-related and environmental risks - Supervisory expectations relating to risk management and disclosure (November 2020)