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“Still Unprepared” Report
August 21 , 2023
255 days
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- The report titled 'Still Unprepared' builds on a 2022 assessment.
- It finds that despite the accelerating impacts of climate change, there remain significant gaps in the preparedness of the Indian banking sector to measure, manage and mitigate climate risks.
- The analysis finds little progress towards climate-preparedness among India's 34 largest banks.
- In 2022, extreme weather events battered India on 314 out of 365 days.
- Yes Bank, HDFC Bank, and Axis Bank have emerged as the top three performers in climate-risk preparedness.
- Only 10 banks have disclosed their green financing activities.
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