The European Central Bank (ECB) is pulling out all the stops to guide Europe’s banks toward carbon neutrality and rigorously hold them to account on climate risks, according to a speech by Frank Elderson, Vice-Chair of the Bank’s Supervisory Board and Member of the Executive Board.
As head of the world’s largest asset management firm, Larry Fink commands attention. Coming on the heels of the latest stewardship guidelines from BlackRock, his latest annual letter focuses on climate disclosure.
This week the Task Force on Climate-related Financial Disclosures (TCFD) published its annual Status Report, showing significant growth in the number of supporting organisations and amount of investor demand.
The European Banking Authority (EBA) has released a survey designed to inform sustainable finance policy development.
Floods, hurricanes and wildfires have an undeniable impact on the countries and economies devastated by them – but are the risks of these increasingly common climate-related disasters being properly considered by investors? A recent International Monetary Fund report argues that investors and equity markets have been ignoring the growing risk of financial losses associated with […]
It’s already clear that climate change will present real financial risks to insurers over the coming decades – but how should the sector respond? A cross industry working group set up by the UK’s PRA has published a framework for the general insurance sector to guide them through assessing the financial impacts of climate change. […]
Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.
By clicking submit you agree to the XBRL International privacy policy which can be found at xbrl.org/privacy
XBRL International is a global not for profit operating in the public interest. Our purpose is to improve the accountability and transparency of business performance globally, by providing the open data exchange standard for business reporting.
