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Environmental Policies › Office of the Comptroller of the Currency › Risk Management

Mayer Brown

OCC Withdraws Climate Risk Management Principles

Mayer Brown on

On March 31, 2025, the Office of the Comptroller of the Currency withdrew its participation in the interagency principles for climate-related financial risk management for large financial institutions (the “Climate...more

Orrick, Herrington & Sutcliffe LLP

OCC withdraws climate risk guidelines for large banks

Orrick, Herrington & Sutcliffe LLP on

On March 31, the OCC announced that it had withdrawn from participating in the interagency principles for managing climate-related financial risks for large financial institutions....more

Jones Day

OCC Ends Climate Risk Guidance for Large Banks

Jones Day on

In a recent shift, the Office of the Comptroller of the Currency (OCC) has officially ended its climate risk guidance for large U.S. banks. The 2021 guidance called on major banks to incorporate climate-related risks into...more

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