Webinar: Launch of Financial Institution Guidance for Setting Science-based Targets
Wednesday, January 31
10:00am-11:30am EST (1600-1730 CET)
Financial institutions play a foundational role in the transition to a low-carbon economy. The Science Based Targets initiative is developing a framework for financial institutions to set climate targets for their investing and lending portfolios in line with the Paris Agreement. The framework will focus on financial institutions’ scope 3 emissions accounting and target setting.
World Resources Institute will lead a 2-year, multi-stakeholder process to develop the framework, working closely with financial institutions and other stakeholders to reach agreement on metrics and methods.
Banks are connected to every part of the economy through their investing and lending activities. That means they play a crucial role in financing the transition to a low-carbon economy. The financial sector is