Banks play a key role in the transition to a low-carbon economy. Through their product and service design, client engagement and financing structures, banks influence how the transition unfolds. In the years following COP26 in Glasgow, many banks set net zero commitments and sectoral decarbonisation targets. Policymakers, in turn, have required banks in some jurisdictions to manage climate-related risks and disclose their financed and facilitated emissions as well as their credit exposure to high-emission sectors. This progress has, however, been called into question more recently with the collapse of the Net Zero Banking Alliance and banks rolling back some of their climate commitments and related policies.

 

This webinar, organised by the TPI Global Climate Transition Centre (TPI Centre) at the London School of Economics and Political Science (LSE), will first present key findings from our assessments of 36 of the world’s largest international banks and our State of the Banking Transition 2026 report. Five years on from Glasgow, the report takes stock of banks' commitments, the maturity of their transition plans and how they are integrating climate-related risks into their financial statements.

 

Following the presentation, the panel will bring together academic, investor and regulatory perspectives to discuss the report’s findings, focusing on climate-related risks in financial statements.

 

 

We look forward to your active participation in the discussion.

Photo by Oscar Brouchot on Unsplash