CLIMATE CHANGE DISCLOSURES BY THE BANK OF ENGLAND: A FRAMING ANALYSIS

Abstract

The Bank of England, one of the leading actors in the financial sector both in the United Kingdom (the UK) and worldwide, is known for publishing its corporate disclosures on climate change. Whilst they are freely accessible on The Bank of England’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 of England frames the issue of climate change in its corporate disclosures. The study involved a corpus of The Bank of England’s disclosures on climate change that were published from 2020 to 2024. The corpus was analysed by means of a qualitative framing methodology. The results of the corpus analysis revealed that The Bank of England framed climate change as the frames An International Approach, The Bank of England’s Leading Role, Carbon Footprint Reduction, Carbon-Neutral Economy, Renewables, Risk, and Threat. The findings were discussed in conjunction with the prior studies on corporate discourse concerning climate change.