Reports

The SBTi's 2022 report, examining progress in science-based targets globally, finds continued growth in the number of companies and financial institutions setting science-based targets, despite an increasingly challenging global backdrop.

While climate risk management at all financial institutions has significantly progressed in recent years, differences remain between leading firms and those that are less advanced. In this new report, GARP Risk Institute examines key trends from the previous four annual Global Climate Risk Surveys to offer a holistic view of the evolution of climate risk practices

Through a transparent multi-stakeholder process, the Science Based Targets initiative (SBTi) has developed the first global science-based standard for companies to set net-zero targets. The Net Zero Standard gives business leaders confidence that their targets are aligned with what is needed for a habitable planet, and it provides clarity on business climate action to a wide range of stakeholders.

The World Business Council for Sustainable Development (WBCSD) and its member companies, in collaboration with Carbone4 and its Net Zero Initiative released the “Guidance on Avoided Emissions: Helping business drive innovations and scale solutions toward Net Zero”.

This report sets out the Bank's latest thinking on climate-related risks and regulatory capital frameworks. The report includes updates on: capability and regime gaps; capitalisation timelines; and areas for future research and analysis.