released in June found that while the big four banks were widely considered leaders in TCFD reporting domestically, the banks had not kept up with the international pace of change.
“The most important thing is that the information is actually out there for people, and predominantly investors, to see what the risks are and how they’re manifesting,” he said. “They can always be more comprehensive. I think the information they put out has been really valuable and we need more of it.”
“I think the main thing is just how absurd it is that institutions that identify tens of billions of dollars of risk ... that they are still financing projects and companies that are making the problem worse.”
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