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Home / News / Sustainability

Banks are finally starting to account for climate change risk

Sustainability

Banks are finally starting to account for climate change risk

Bloomberg Published on Fri, Sep 13, 2019 / 7:00 AM GMT+8

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SINGAPORE (Sept 16): Behind the scenes at some of the world’s biggest banks, small teams of employees are busy trying to calculate what might prove to be one of the most important numbers any financial institution will ever disclose: how much the assets on their balance sheet are contributing to global warming.

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