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Opinion of banks on climate related financial risks as a material threat in India as of 2022

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Source

Release date

July 2022

Region

India

Survey time period

January 2022

Number of respondents

12 public sector banks, 16 private sector banks and 6 foreign banks

Supplementary notes

The survey question was "Do you consider climate-related financial risks as a material threat to the bank’s business?"

Citation formats

Banks' opinion on climate related financial risks as a material threat India 2022

Published by K. Scholle, Apr 5, 2023
In a survey conducted in January 2022 across ** major scheduled commercial banks in India, it was found that a majority of the banks considered climate-related financial risks as a material threat to their business. ** percent of the banks are yet to analyze the materiality of climate-related financial risks.
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