Skip to main content
OCC Flag

An official website of the United States government

Climate-Related Financial Risks

Climate-related financial risks have the potential to affect the safety and soundness of banks through physical and transition risks, which affect various sectors of the economy and may affect access to financial services and fair treatment of customers. The OCC's role is to ensure that national banks and federal savings associations understand their climate-related financial risks and develop risk management frameworks and capabilities to identify, measure, monitor, and control those risks. The OCC has prioritized its attention in this area on large banks with total consolidated assets of more than $100 billion.

In This Section

Connect With Us

Related News and Issuances

Date ID Title
11/14/2023 NR 2023-124 Acting Comptroller of the Currency Testifies on Bank Supervision
10/24/2023 NR 2023-119 Acting Comptroller Issues Statements at FDIC Board Meeting on CRA and Climate-Related Financial Risk Management
10/24/2023 NR 2023-118 Agencies Issue Principles for Climate-Related Financial Risk Management for Large Financial Institutions
06/14/2023 NR 2023-60 OCC Report Identifies Key Risks Facing Federal Banking System