Marc Treviño, Co-Head of Sullivan & Cromwell’s Corporate Governance practice and the Managing Partner of its Executive Compensation Group, along with Michelle Chen and Alex LePore, co-authored the article “What Banks Can Glean From FSB Climate Risk Report” for Law360.
The article discusses the Financial Stability Board’s recent report entitled “Climate-related Financial Risk Factors in Compensation Frameworks,” which provides insights on how financial institutions incorporate climate-related metrics into their compensation frameworks and identifies related implementation challenges. Given the lack of comparative data on evolving climate-related compensation practices, the report may be a valuable tool for financial institutions across the banking, insurance and asset management sectors.
Read “What Banks Can Glean From FSB Climate Risk Report.”
Subscribe to stay current on S&C Insights.
Sending an e-mail through this web site does not create an attorney-client relationship. You should not send us any information through this web site that you would want treated confidentially.