Portfolio Carbon Initiative Goals and Work Streams
Portfolio Carbon Initiative has two goals:
- Provide guidance on how to define, assess and track climate impact for asset owners and banks
- Provide guidance on how to identify, assess and manage carbon asset risks for financial institutions
The complexity of the financial sector requires that Portfolio Carbon Initiative operate via three work streams.
Work stream 1: Asset owner climate friendliness
Tailored to asset owners, this work stream produced a comparative analysis of current climate friendliness metrics, Climate Strategies and Metrics: Exploring Options for Institutional Investors.
Work stream 2: Bank climate friendliness
The working paper produced through this workstream, Exploring Metrics to Measure the Climate Progress of Banks, provides insight into which metrics public- and private-sector banks can use, depending on asset class, to report on the extent to which their activities help or harm the transition toward a low-carbon economy.
Work stream 3: Carbon asset risk
The guidance produced through this work stream, Carbon Asset Risk: Discussion Framework, explains why and when GHG emissions associated with carbon-intensive assets lead to financial risks, as well as how those risks can be assessed and managed.