Climate Change Disclosures by the Bank of England: A Framing Analysis

Oleksandr Kapranov

doi:10.2478/lccc-2024-0007

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Climate Change Disclosures by the Bank of England: A Framing Analysis

LANGUAGE: Codification, Competence, Communication

Volume 2 (2024): Issue 11 (December 2024)

By: Oleksandr Kapranov

Open Access

|Dec 2024

Abstract

The Bank of England (further – the Bank) is one of the leading actors in the financial sector both in the United Kingdom and worldwide. The Bank is known for publishing its corporate disclosures on climate change. Whilst they are freely accessible on the Bank’s official website, there is insufficient research that investigates them from a qualitative perspective. Seeking to bridge the current gap, the article presents a qualitative study that aims to establish how the Bank frames the issue of climate change in its corporate disclosures. The study involves a corpus of the Bank’s disclosures on climate change published from 2020 to 2024. The corpus is analysed by means of a qualitative framing methodology. The results of the corpus analysis show that the Bank frames the issue of climate change as the following frames (i) an international approach, (ii) the Bank’s leading role, (iii) carbon footprint reduction, (iv) carbon-neutral economy, (v) renewables, (vi) risk, and (vii) threat. The findings are discussed in conjunction with the prior studies on corporate discourse concerning climate change.

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