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.
Since the release of our 2020 TCFD report, we continue to enhance the oversight of climate-related opportunities and risks as our environmental goals and commitments evolve. Our TCFD report outlines how we are working to realize our enterprise climate strategy. This includes how climate change is managed within our Company, the goals and priorities we set, actions taken and resources allocated to achieve these goals, our exposure to and management of climate-related risks, and the metrics and targets we track to monitor progress.
The TCFD framework helps our company articulate to our stakeholders – including clients, employees, investors and others – how we manage and mitigate climate-related risks, and use our financial and intellectual capital to help accelerate the transition to a low-carbon, sustainable global economy.