Greening finance: embedding sustainability in financial decision making

This report from the UK House of Commons Environmental Audit Committee provides an overview of the risks of climate change on financial institutions in the UK, with a particular focus on the impact of these risks on financial decision-making across the country. The report discusses the physical risks of climate change, liability risks and transition risks, with a specific section on climate change risks and pensions.

The report further discusses the recommendations of the Task Force on Climate-related Financial Disclosures in relation to UK financial institutions and outlines the roles of UK regulations and financial regulators in supporting the disclosure of these risks. The report concludes with recommendations for financial regulation, pension savings, and climate risk reporting.