Most G-Sibs fail to disclose financed emissions

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Less than half of the top 30 global banks have published climate disclosures linked to carbon emissions stemming from their investment and lending activities, Risk Quantum analysis shows.

A review of the Task Force on Climate-Related Financial Disclosures – seen as the gold standard for climate reporting – from the global systemically important banks (G-Sibs) that disclose them, found only 13 reported financed emissions.

The Financial Stability Board formed the TCFD to improve firms’

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Most G-Sibs fail to disclose financed emissions

None of the world’s top 30 banks disclose climate impact of their whole portfolio

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