As one of the world’s largest financial institutions, we are committed to ensuring that climate-related risks and opportunities are properly managed within our business. We will continue to evaluate the impact of climate change on our business and financial results, and as we better understand how to measure and model climate-related risks and their potential significance, we will disclose as appropriate.
We make these disclosures because we believe it is important that stakeholders — including clients, employees, investors and others — understand how we manage risk and have better insight into the long-term value of the bank.
