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 Participation Form
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
Survey will begin with participant banks.
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.
Key Sections of the Survey:
Climate-Related Credit Risk Assessment and Integration
Transition & Physical Risk specific focus
Collateral Value Adjustments
Sector-Specific focus
Scenario Analysis
ESG Scores
Data & IT
Quantitative Impact on Metrics like ECL, RWA, and ECAP
Would you like to participate?
