Combat Climate Corruption in Banking and Securities

Without sufficient disclosure requirements and oversight, corporations or financial institutions could hide the extent of their climate-related financial risks or make misleading claims about their sustainability efforts. Financial regulators should create thorough, robust and mandatory climate-related disclosure requirements.

Without sufficient oversight, banks and other financial institutions could hide the extent of their climate-related financial risks or make misleading claims about their sustainability efforts. Financial regulators should integrate climate change and climate-related risks into their supervision of banks and other financial institutions.