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OCC Seeks Feedback on Climate-Related Risks

Paul Noring and Joe Sergienko

February 1, 2022

On December 16, 2021, the Office of the Comptroller of the Currency (OCC) put out a news release seeking feedback on principles for climate-related financial risk management for large banks (defined as over $100 billion).

Paul Noring and Joe Sergienko discuss the alert and why banks of all sizes should consider a formal request to the OCC. Interested parties may submit feedback on the draft principles through February 14, 2022.

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Paul Noring

Managing Director

Washington, DC

Joe Sergienko

Managing Director

Boston