The Australian Prudential Regulation Authority (APRA) released for consultation its draft guidance to banks, insurers and superannuation trustees on managing the financial risks of climate change.
The draft Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229) is designed to assist APRA-regulated entities in managing climate-related risks and opportunities as part of their existing risk management and governance frameworks.
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The Australian Prudential Regulation Authority (APRA) released for consultation its draft guidance to banks, insurers and superannuation trustees on managing the financial risks of climate change.
The draft Prudential Practice Guide CPG 229 Climate Change Financial Risks (CPG 229) is designed to assist APRA-regulated entities in managing climate-related risks and opportunities as part of their existing risk management and governance frameworks.