Niko Whittaker’s Post

Benchmarking banks’ climate-related disclosures in the 2023 reporting cycle. Read our analysis https://lnkd.in/e-GzfWbU

Benchmarking banks’ climate-related disclosures in the 2023 reporting cycle. Read our analysis

An interesting read on how banks are enhancing their climate-related disclosures.

Investors are demanding ever more comprehensive disclosures on the impact of climate-related matters. They’re expecting a company’s financial statements, management discussion and analysis (MD&A) and sustainability-related disclosures to provide a coherent, connected and integrated picture of the risks and opportunities facing the business. Our latest analysis of the climate-related disclosures made by 35 selected banks as part of their 2023 reporting cycle shows that banks are responding to the demands for greater disclosure of climate-related information. They are now on a journey to connect the pieces together and create a narrative that is more meaningful and clear for their users. Our report focuses on five areas that are current or emerging areas and include financial reporting, financed and facilitated emissions, transition plans, assurance and nature-related risks.

Benchmarking banks’ climate-related disclosures in the 2023 reporting cycle. Read our analysis https://lnkd.in/e-GzfWbU

🔎 Investors are demanding ever more comprehensive disclosures on the impact of climate-related matters 📊 They’re expecting a company’s financial statements, management discussion and analysis (MD&A) and sustainability-related disclosures to provide a coherent, connected and integrated picture of the risks and opportunities facing the business 📎 Benchmarking banks’ climate-related disclosures in the 2023 reporting cycle. Read our analysis https://lnkd.in/e-GzfWbU KPMG Luxembourg | Chambourdon Stanislas | Pia Schanz | Marco Weber | Julie Castiaux | Alix Tchana

We published an interview with former managing director of the World Bank, Bertrand Badré, author of Can Finance Save the World?: Regaining Power over Money to Serve the Common Good, about nurturing transparency and sustainability at the World Bank. https://lnkd.in/d_xkHu-e

Risk-Based Capital was the April phrase of the month. Learn more about RBC activity and other NAIC-related issues that occurred last month: https://bit.ly/4ar0Flt

A highly relevant study: The Global Credit Cycle by Nina Boyarchenko and Leonardo Elias (Federal Reserve Bank of New York) "We uncover a global credit cycle in risky asset returns, which is distinct from the global risk cycle. We document that the global credit cycle in asset returns translates into a global credit cycle in credit quantities, with a tightening in global credit conditions predicting extreme capital flow episodes and declines in the stock of country-level private debt." https://lnkd.in/eUyZETp2

From legislative frameworks for funds to policy proposals on margin and collateral calls, stay up to date on developments in risk, capital and financial stability with Bloomberg's Global Regulatory Brief. #regulation #captial #finance