June 9, 2023
The government of Australia announced that it is for the first time mandating Australia’s financial regulator, the Australian Prudential Regulation Authority (APRA), to incorporate climate change-related risks as part of its role.
The new requirement, released as part of an updated Statement of Expectations for ARPA, includes “promoting transparency in relation to…
![Australia Mandates Bank Regulator to Consider Climate Risk, Adopt Climate Reporting Standards](https://ecoactivetech.com/wp-content/uploads/2023/06/Australia-Mandates-Bank-Regulator-840x473.png)