EMEA > Europe > Banksā€™ climate impacts more likely to create transition than physical risks, paper says

Banksā€™ climate impacts more likely to create transition than physical risks, paper says

Published 16:08 on June 18, 2026 / Last updated at 16:08 on June 18, 2026 / / Americas (US & Canada), EMEA (Europe), Net Zero Transition (Investment, Reporting & Disclosure)

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Banksā€™ own climate-impacting activities are more likely to create transition-risk exposure through investors, clients, policymakers, or litigation than to materially increase their own physical climate risks, according to a new working paper on double materiality.
Banksā€™ own climate-impacting activities are more likely to create transition-risk exposure through investors, clients, policymakers, or litigation than to materially increase their own physical climate risks, according to a new working paper on double materiality.


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