City Bank publishes climate report following global sustainability standards

City Bank published Climate Report 2024 in alignment with International Sustainability Standards Board's (ISSB) IFRS S1 and IFRS S2 standards, according to a press statement.

The report aims to provide investors, regulators, and stakeholders with information showing how sustainability and climate-related risks and opportunities are embedded in "our governance, risk management and strategic planning", said the lender in the statement.

The report outlines City Bank's governance structure for overseeing sustainability and climate-related matters and the strategies adopted to support a resilient business model in the face of climate change.