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APRA Climate Vulnerability Assessment

06 December 2022

APRA has released the aggregated findings of its first Climate Vulnerability Assessment ("CVA") of Australia's five largest banks.

The assessment was conducted over the past 2 years over ANZ, Commonwealth Bank, Macquarie Bank, National Australia Bank and Westpac and modelled the estimated future financial impact of climate change on their businesses, as well as how they might respond to the resulting physical and transition risks. 


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