This CFRF guide aims to help financial firms understand the risks and opportunities that arise from climate change, and provide support for how to integrate them into their risk, strategy and decision-making processes. As part of this, the guide considers how firms can plan for the impact of climate policies over different time horizons and assess their exposure to climate-related financial risks so that they can adapt their businesses in response. This overarching summary document sets out:
• Why it is important for financial services firms to consider climate change
• Background on the CFRF
• Information about the CFRF guide, how it can be used and summaries of the four chapters
• Next steps for the CFRF