This report analyzes the corporate governance and strategic approaches of 40 of the world’s largest banks to the challenges and opportunities posed by climate change. This report is designed as a benchmarking tool that highlights climate change best practices within the financial sector. It employs a “Climate Change Governance Checklist” to evaluate the 40 selected banks in their approaches to climate change in five governance areas: board oversight; management execution; public disclosure; GHG emissions accounting; and strategic planning.