New Net-Zero Standard and Assessment Framework for Banks
Written
11.09.2023
Author
IIGCC
Source
IIGCC
Social
The Institutional Investors Group on Climate Change (IIGCC) and the Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) launched a Net Zero Standard as a product of their collaboration on investor climate expectations and developed a Net Zero Banking Assessment Framework. The Assessment Framework is intendet for evaluating bank's alignment against seventy-two indicators based on the investor expectations in the standard and in relation to the goals of the Paris Agreement. Both products cover ten focus areas.