Global Benchmarking Survey for Banks
Global Credit Data (GCD) and the United Nations Environment Programme Finance Initiative (UNEP FI) have recently embarked on an important partnership aimed at enhancing ESG and climate risk efforts. This collaboration focuses on advancing the methodologies and benchmarks used by financial institutions to assess and manage climate risks.
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Fill the Survey!
Project kickoff webinar presented details on the activities and how banks will participate.
Access the slides here
Banks can now register to participate in the survey.
Fill this form by the deadline, August 30th, 2024
Survey will begin with participant banks in September.
Objectives of the project:
The collaboration will identify common credit risk assessment methodologies, provide a benchmark for modeling approaches for climate risk assessment used by financial institutions, and explore how the quantification of climate risks can be impacted by variations in assessment methodologies.
Value for Participants:
GCD and UNEP FI will publish a comprehensive report that benchmarks and compares the various credit risk modelling approaches used by financial institutions to assess climate risks.
This report will include overview of methodologies, information on data used, scenarios and models applied, variables and metrics selected, methodological comparisons, best practices, and the standardization of climate risk modeling practices across the financial sector. It will also provide insights into the progress financial institutions have made in their climate risk assessment approaches.
Would you like to participate?
