WebMay 11, 2024 · APRA's draft CPG 229 Climate Change Financial Risks APRA released its draft cross-industry CPG on climate change financial risks for consultation on 24 April 2024. It is accepting feedback until 31 July 2024, and the CPG is expected to be finalised before the end of the year.
Key developments for APRA-regulated entities in managing climate …
WebNov 26, 2024 · November 26, 2024 Climate Risk , Environmental, Social, and Governance (ESG) , Stress Testing The Australian Prudential Regulation Authority (APRA) released … WebBest-practice management of climate change financial risks is identified in CPG 229 to include identifying, measuring, disclosing and reporting the specific risks an entity faces, as well as providing evidence of climate risk management and mitigation plans. 17 In terms of greenwashing liability, the inaccurate identification and reporting of … baraduke 2
APRA’s Prudential Practice Guide on Climate Change Financial …
WebCPG 229 Climate Change Financial Risks. This PPG aims to assist an APRA-regulated institution in complying with Prudential Standards CPS 220 Risk Management (CPS … WebDec 10, 2024 · The final version of Prudential Practice Guide CPG 229 Climate Change Financial Risks (Final CPG 229) is designed to assist banks, insurers and … WebIn the year ahead, APRA will review submissions on the Prudential Practice Guide CPG 229 Climate Change Financial Risks, and publish a final version of the guidance before the end of 2024. APRA is already considering further methods of measuring the climate risk exposures of its regulated entities, which may include launching an annual climate ... baraduke scary movie