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DNB publishes Q&A and Good Practice "Integration of climate-related risk considerations into banks' risk management"

On 1 April 2020, the De Nederlandsche Bank (DNB) published Q&A and Good Practice on 'Integration of climate-related risk considerations into banks' risk management'.

22 May 2020

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Climate risks are more explicitly included in banks' risk management. In order to manage these risks properly, DNB has drawn up a Good Practice for banks with guidelines for integrating climate-related risks into the governance, risk management and reporting of banks. In these Q&As, the DNB gave its interpretation of how existing legislation applies to climate-related risk management.


Banks can be vulnerable to the physical consequences of changing weather (physical risks) and to the consequences of a transition to a climate-neutral economy (transition risks). Given the potential impact of these climate-related risks, DNB expects banks to analyse and describe the impact of this on their risk profile. If there is a material risk, DNB expects banks to manage these risks - like any other conventional risk.

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DNB Q&A Good Practice 'Integration of climate-related risk considerations into banks' risk management'

This article was originally published in the April edition of REGWATCH. Read the full edition covering the following jurisdictions:

  • European Union
  • Belgium
  • France
  • Germany
  • Hong Kong
  • Ireland
  • Italy
  • Luxembourg
  • Switzerland
  • United Kingdom

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