What you need?
Start here...
If you are new to climate change and would like to know what's the big deal about it. This is where you start on a meaningful journey - far away from any fake news. Read here about the economics of Bio-diversity. The Independent Review on the Economics of Biodiversity led by Professor Sir Partha Dasgupta describes Nature as our most valuable asset and not factoring in its value in our economic development and growth discussion has led us thus far on path of crossing all safe barriers of our natural environment and climate system. The report calls for changes in how we think, act and measure economic success to protect and enhance our prosperity and the natural world.
As a banking and financial institution here is everything you need to know for climate risk management, sustainable finance, market disclosures, reporting and capital allocation
1
2
3
4
Guidance for Financial Institutions on LEAP approach, Case studies, Metrics, Disclosures, Scenario Analysis
IFRS Sustainability Standards are developed to enhance investor-company dialogue so that investors receive decision-useful, globally comparable sustainability-related disclosures that meet their information needs. (IFRS has taken on TCFD's work and continues to converge)
Impact reporting Standards for Banking, Insurance and Capital Markets
5
**March 2024 - new version voted for adoption (a. changes in science, regulation, data, and methodologies; b. apply to all new targets and any new iterations of existing targets set by NZBA member banks after 22 April 2024)
**April 2021 - 1st Version
Guideline Key principles to underpin the setting of credible, robust, impactful and ambitious targets in line with achieving net zero by 2050 greenhouse gas emissions goals for NZBA members, Principles for Responsible Banking members (climate mitigation as one of their priority impact areas)
6
TPT: Disclosure of transition plans can equip investors with the information they need to finance the transition at the speed and scale required.
Transition planning and the disclosure of transition plans are core to 'The Transformation' of this decade. so prepare and plan, read them in order.
Why Read this? to learn
What is a Good Practice Transition Plan, How to build capacity and support Good Practice. TPT Disclosure Framework relates to key global and international frameworks and standards (incl. ISSB, TCFD, and ESRS)
This Banking Guidance adds further depth and detail for preparers of transition plans that are operating in the banking sector.