FEM logo
Fund EcoMarket

the sustainable, responsible and ethical investment information hub

New PRA report: The Impact of climate change on the UK banking sector

The Bank of England has taken a leadership position on climate change for a number of years.

Governor Mark Carney’s ‘Tragedy of the horizons’ speech in 2015 set the scene for how the Bank viewed the issue of climate risk.

Their subsequent work on the FSB TCFD framework has put climate change on the agenda for many companies… and looks set to be increasingly important.

In September 2018 the regulatory arm of the Bank, the PRA, published a new paper  Transition in thinking: The impact of climate change on the UK banking sector.

Further information about the Bank’s climate-related work can be found in the Quarterly Bulletin article on the Bank’s response to climate change, or on the Bank’s climate change page

Sign Up to our Newsletter

If you are a Financial Services Industry professional you can sign up for our newsletter

Click Here

Latest News

What did people search for on Fund EcoMarket?
February 15, 2019

Thanks to some fancy footwork from our IT support team we are now able to report on the top filter searches people have used on Fund EcoMarket. Of just over 1000 searches conducted during January 2019 the following were the ‘top 30’ most clicked on options: 1. OEIC/Unit Trust 2. Equity 3. Sustainability Themed 4. […]

Investment Association to consult on Sustainability and Responsible Investment
February 4, 2019

The Investment Association announced last week that it is to consult members on Sustainability and Responsible Investment. Their launch release is copied below. The deadline for this consultation is 1 March and although we have already spoken with the IA on this SRI Services plans to respond also. You can download the IA Consultation document here. […]

SRI Services responds to FCA Climate Change and Green Finance Consultation
February 4, 2019

SRI Services submitted a response to the FCA’s highly welcome consultation on Climate Change and Green Finance (DP18/8) last week. You can read our submission here.   Alternatively – here are our 12 key points that we would like the regulator to formally recognise and act on. The role of investors is central to our ability […]