25th July 2022 News

RBI to issue a consultation paper on climate change risks

RBI governor Shaktikanta Das said Banks are also increasingly aligning their businesses, including assessment of financing assets, with the global climate sustainability agenda. The need for banks would be to develop appropriate business strategies and strengthen the governance framework to gauge the associated risks. “In line with international best practices, a forward-looking, comprehensive and strategic approach would be required to address climate risks” Read more

ESG Team
the authorESG Team