...This report provides guidelines to inform investor engagement with banks, in line with the Paris Agreement. Investors are often the clients, shareholders and bondholders of banks and therefore have several levers to promote change in the sector. The report begins by making the case that for long-term investors seeking to reduce exposure to climate risks, banks stand out as a strategic choice for focused engagement efforts. The guidelines then turn to consider four key areas (see Box 1), outlining how banks can be encouraged to adjust their practices in light of the risks and opportunities associated with the transition to a <2°C economy...