Government’s climate risk — Insights from 2025–26 disclosures
What it examines
Reviews climate-related disclosures by 31 selected public bodies, including British Business Bank. The NAO examines how reporting describes climate exposure, financial planning and oversight during the first full year of Treasury’s climate-disclosure requirements.
Why it matters
Relevant to the scrutiny of risk reporting at government-owned institutions. British Business Bank is among the bodies reviewed, but findings across this selected sample should not be attributed to the bank individually.
Published on 2 November 2026 and examines 2025–26 disclosures. The selected bodies are not a representative sample of government.
Institutions and themes
Related documents
Catalogue entry reviewed 9 Nov 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.