FSC release Climate Scenario Narratives and Guidance for the Financial Sector
The Financial Services Council NZ (FSC) have released the Climate Scenario Narratives and Guidance for the Financial Sector report, developed in conjunction with EY. The report is designed to support the sector in the reporting of climate-related risks and opportunities under the framework developed by the External Reporting Board (XRB). The report can be downloaded from the members area of the FSC website.
The FSC has also announced they are putting together a monthly Climate Related Disclosures Focus Group, open to all FSC members. The focus groups will be an opportunity to continue discussions on Climate Related Scenario and the Climate Related Disclosures Regime and to share learnings and insights with a flexible informal agenda.
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