A Just Share analysis of bank performance on countering climate change has produced some interesting insights. An article on Moneyweb discusses this analysis.
The four large local commercial banks providing asset finance and other financial services to SA companies have all performed well in disclosing their targets to counter climate change and the metrics they use to measure compliance to published guidelines in SA.
This is according to Just Share, which analysed banks’ latest reports by comparing their climate-related disclosures to guidelines set by the Task Force on Climate-related Financial Disclosures (TCFD), a policy task force established by the Financial Stability Board (FSB) in 2015.
To read the full article follow this link: ‘Banks perform well on climate risk disclosures’ – Moneyweb