Climate-Related Risk and ESG Considerations for Banking Institutions
Summary
This practice note highlights emerging developments to enhance environmental, social, and governance (ESG) disclosure and climate-related initiatives applicable to U.S. banking institutions. This resource also includes discussion on existing and proposed disclosure requirements of the Securities and Exchange Commission (SEC) related to material ESG matters, and explores the regulatory requirements that may arise from the Biden Administration's Executive Order 14030 for federal agencies to review and improve controls and reporting of climate-related financial risks.