Australian Prudential Regulation Authority (APRA) Climate Change Financial Risk Guidance
Australian Prudential Regulation Authority (APRA) Climate Change Financial Risk Guidance provides a prudential practice guide for APRA regulated institutions on how to understand climate risks, ensure decisions relating to financial products are well informed and to implement appropriate risk governance and management. Prudential practice guides (PPGs) provide guidance on APRA’s view of sound practice in particular areas. This PPG aims to outline prudent practices in relation to climate change financial risk management. The information in this guide does not impose new requirements in relation to climate risks: rather, it supports compliance with APRA’s existing risk management and governance requirements and provides guidance to assist an institution to manage climate risks. This PPG reflects the established framework for considering and managing climate risks developed by the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD), as well as good practice observed through APRA’s own analysis.
Private and non-profit organisations
Knowledge-building
Economy, trade and financial system
General climate change
2021
2021
SA - Department for Environment and Water
Links were correct at time of data collection but are subject to frequent change.