Climate scenario narratives for the financial services sector

This report is designed to support the sector in the reporting of climate-related risks and opportunities under the framework developed by the External Reporting Board (XRB). It is the culmination of nine month’s work by FSC members and others and reflects the passion of the industry to do the right thing and accelerate action to address the climate crisis.

We commend these common set of scenario
narratives and approach, co-created with the aim to improve comparability and consistency of climate related risk disclosures in the financial sector.