Scope
Federally regulated financial institutions
Canada · guidance
OSFI Guideline B-15
Climate Risk Management Guideline (OSFI)
In forceApplies 2023-03-07
Penalties
OSFI supervisory measures
Last verified
2026-08-22
In plain language
What this law does
Climate risk-management expectations: governance and risk-appetite integration, standardised scenario analysis and stress testing, and phased GHG disclosure including financed emissions.
Core obligations
Governance accountability; climate scenario analysis; internal capital adequacy integration; phased emissions and transition-plan disclosure
Dictionary
Terms defined in this law
- Climate risk management expectationsOSFI Guideline B-15 (federally regulated financial institutions)
Claims