UK PUBLIC CAPITAL MONITOR
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UK institutions and system

Government’s climate risk — Insights from 2025–26 disclosures

Independent scrutiny
Authors
National Audit Office
Publisher
National Audit Office

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

British Business BankCapital, funding and riskGovernance and accountability

Related documents

Catalogue entry reviewed 9 Nov 2026. The summary describes the publication’s analysis; it does not establish that historical findings remain current.