|Barclays||BMO||Bank of America||China Development Bank||Deutsche Bank|
|Erste Bank||ING||JP Morgan||Lloyds||Macquarie|
|National Bank of Canada||Royal Bank of Canada||Santander||Scotia Bank||Swedbank|
|TD Bank||UniCredit Bank|
- Task Force on Climate-related Financial Disclosures (TCFD): The TCFD develops recommendations based on risk assessment, capital allocation, strategic planning, metrics and targets. Thus promoting stakeholders’ understanding of the concentration of carbon-related assets within the financial sector and the financial system’s exposure to climate-related risks.
- Intergovernmental Panel on Climate Change (IPCC): The IPCC is a United Nations (UN) body that gauges and monitors the scientific research into climate change. This panel provides policy makers with comprehensive Assessment Reports, containing thelatest climate assessments, future potential risks, their impacts and options for reducing the rate of climate change.
- Network of Central Banks and Supervisors for Greening the Financial System (NFGS): The NFGS defines the best practices in green finance that augment the role of the financial system in managing risks and mobilizing capital towards environmentally sustainable development. This is aimed at strengthening the global response to the Paris Agreement.
- Bank of International Settlements (BIS): The BIS fosters discussions that facilitate collaboration among central banks and supports dialogue with authorities that promote financial stability. They conduct research into policy analysis, act as a counterparty for central banks and serve as an agent or trustee in connection with international financial operations.
- European Environmental Agency (EEA): The EEA is a European Union agency that helps member countries integrate environmental considerations into economic policies for sustainability. They are tasked with providing timely, nationally validated and high-quality information to individual countries. This is performed through the European environment information and observation network (Eionet), a partnership between the EEA and other EU nations.
- International Energy Agency (IEA): The IEA was created to co-ordinate a collective response to disruptions in oil supply but now takes an all-fuels, all-technology approach towards all energy related issues. They work to provide information, an authoritative analysis and practicable solutions that deepen cooperation in energy security, data and statistics, policy analysis, energy efficiency and the growing use of clean energy technologies.
- Ellen Macarthur Foundation: The Ellen Macarthur Foundation develops and promotes a new economic system that inspires businesses, academia, policymakers and institutions to mobilize better outcomes for people and the environment, globally. In such a ‘circular economy’, built on renewable energy and materials, business models are designed to replicate the balance of Nature, where nothing is wasted and everything has value.
- Green Risk-Weighted Assets (Green RWA): The Green RWA is a non-profit association committed to achieving Net Zero Emissions by 2050, as per the investments demarcated by the Organization for Economic Co-operation and Development (OECD). Green RWA helps financial institutions optimize their climate risk capital budget through rigorous analysis, collaboration and open financial modelling.
- Bloomberg Green: Bloomberg Green is a multiplatform editorial brand of Bloomberg Media, that focuses on climate change new, analysis and all the possible solutions. It is the go-to, online daily digest aimed at the dissipation of information regarding the latest happenings in science, environmental impacts, zero emission technology and green finance.
- Global Association of Risk Professionals (GARP): GARP provides a framework to analyze various risks so that professionals can make informed decisions. They educate risk specialists at all levels, from those beginning their careers in risk to those leading risk programs at the largest financial institutions across the globe, and the regulators that govern them.
- Ceres: Ceres is a nonprofit organization that works with the most influential investors, companies, policymakers and regulators to build socially responsible, sustainable greener economy. By moving capital and influencing systems, they strengthen equitable market-based policy solutions that stabilize climate, protect water and natural resources.
- Climate Disclosures Standard Board (CDSB): The CDSB is an international group of business and environmental NGO’s that aims to align the global corporate reporting model, to equate natural capital with financial capital. They offer companies a precision reporting framework for environmental data that assists investors take informed decisions that result in an efficient allocation of capital.
- Energy Transmissions Commission: The ETC is an international think tank, based in London, which maps the road to reaching net-zero emissions by mid-century. They have a ‘can-do’ approach in the actionable insights they provide to energy decision-makers, to help them achieve the goals of economic development, as well as climate change mitigation.
- United Nations (UN): The UN which is the foremost intergovernmental organization that maintains international peace and security, has adopted the 2030 Agenda for Sustainable Development, which contains 17 Sustainable Development Goals (SDG’s). The UN drafts the Sustainable Development Agenda, undertakes financing efforts and monitors the progress of the SDG’s through the High-Level Political Forum (HLPF).
- The Equator Principles: The Equator Principles are a risk management and reporting framework created to guide financial firms deal with environmental and social risk. The framework performs the due diligence necessary for institutions to make responsible and informed decisions.
The primary goal of the Australian Government is to reduce the emission of greenhouse gases and to abide by the conditions put forth by the Paris Agreement.
The Australian government is aiming to define a roadmap to Net Zero by 2050, planning a long-term climate strategy, hydrogen strategy and are heavily invested in climate solutions.
Click to read more about Australia’s Strategies
The Canadian Government has undertaken a number of sustainability goals, strategies and initiatives, along with the Paris Agreement.
A few notable strategies, such as the Federal and Departmental Sustainable Development Strategies, 2030 Agenda for Sustainable Development, Strategic Environmental Assessment and Greening Government have been implemented.
Click to read more about Canada’s Sustainability Goals
The sustainability plans for the UK Government are in alignment with the 17 Sustainability Development Goals set forth by the United Nations.
The government’s strategy relies on a 25-year environmental plan that focuses on mitigating the effects of past mining activities, protection of the public, enhancing the environment and encouraging biodiversity.
United States of America
The Office of Federal Sustainability (OFS) and the Environmental Protection Agency (EPA), work towards sustainability across government operations and protects human health and the environment.
The OFS co-ordinates policy, sets guidelines and implements sustainable resource usage within the Federal Government. The EPA develops regulations, raises awareness and give grants to support scientific study into environmental protection and sustainability.
The aim of the EU is to identify and achieve a long-term improvement in the quality of life by creating sustainable communities that can efficiently manage resources while maintaining ecological and social innovation. The European Commission developed the Europe 2020 strategy, for smart, sustainable and inclusive growth.
The EU is committed to the 17 Sustainable Development Goals and takes a holistic strategy to achieving this with a ‘Whole-of-Government approach’. It is the priority of the EU to bring sustainable development into mainstream thinking with an aim to decrease energy consumption, reverse loss of biodiversity and natural resources.
Click to read more about the EU’s Sustainability Development Goals