Net Zero Banking Assessment Framework

Tess Sokol-Sachs, Nikolaus Hastreiter, Sidonie Commarmond, Simon Dietz, Issam Jamaleddine and Carla Jouavel

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: The Net Zero Banking Assessment Framework has been developed by the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre), in collaboration with the Institutional Investor Group on Climate Change (IIGCC) and Ceres, to assess the preparedness of banks for the low-carbon transition. In 2021, IIGCC launched its ‘banks working group’ following the publication of an ambitious set of Investor Expectations (IIGCC, 2021a). The TPI Centre translated these expectations, using further input from investors, into a set of pilot indicators which comprised a Pilot Framework. This framework was used to assess 27 of the most influential global banks, with the results of these assessments published in a 2022 report, An investor-led framework of pilot indicators to assess banks on the transition to net zero (TPI Centre, 2022). Since then, working with IIGCC and following further rounds of investor consultations, the TPI Centre has updated the Pilot Framework to produce a new Net Zero Banking Assessment Framework, which is presented in this report. The IIGCC has also updated the original investor expectations into a new Net Zero Standard for Banks, which will be published in parallel.

JEL-codes: F3 G3 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2023-06
References: Add references at CitEc
Citations:

Downloads: (external link)
https://researchonline.lse.ac.uk/id/eprint/137748/ Open access version. (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:137748

Access Statistics for this paper

More papers in LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library LSE Library Portugal Street London, WC2A 2HD, U.K.. Contact information at EDIRC.
Bibliographic data for series maintained by LSERO Manager ().