‘Are we nearly there yet?’ Banks navigate ESG loan accounting

Lenders ask standards boards for guidance on how rules should be applied

Like a driver at night struggling to make out faraway shapes with their headlights, accounting standards boards have always tried to predict the financial products that will be coming down the road.

Over recent decades, the Financial Accounting Standards Board (FASB) in the US and the International Accounting Standards Board (IASB) have devised standards that they felt could apply to a broad range of products. However, they did not foresee the rise of loans linked to environmental, social and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: