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Is Time Running out for Banks?

Climate risk-related weightings are seen as inevitable as investors and supervisors scrutinise sector’s climate policies.

With a group of investors representing US$4.2 trillion in assets under management calling this week for the world’s largest banks to demonstrate their climate credentials and central bank climate-related stress tests imminent or complete, banks are facing both supervisory and investor scrutiny. The investors, including Aviva Investors, Fidelity International and…

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