Corporates
Corporates represent non-financial businesses in any industry and can be publicly or privately controlled. They make direct capital expenditure in activities and supply chains, drawing on capital received either as equity (whether listed on public exchanges or private) or debt taken on their balance sheets (such as corporate loans or issued bonds).
Responding entities tracked
Criteria
Responding Corporates Tracked
Institutions by number
Institutions that are joining the “Paris race,” by making a commitment to any level of action under any of the three dimensions (Targets, Integration, Flows). Depending on which Criteria is selected, this trend shows the number of institutions or the total assets they represent (USD billion).
How many institutions are joining the “Paris race”, by making a commitment to any level of action under any of the three dimensions. Depending on which is selected, this trend shows the number of institutions or the total assets they represent (USD billion).
Trends By Dimension
Criteria
Targets
Distribution
Institutions by number
Distribution of target scores for the selected institution category. Gradations in each bar represent different levels of response (ranging 0-100 from “Initial response” to “Advanced response”). The distribution can be based on the number of institutions or their underlying assets (USD billion).
Distribution of target scores for the selected institution category. Gradations in each bar represent different levels of response (ranging 0-100 from “Initial response” to “Advanced response”). The distribution can be based on the number of institutions or their underlying assets (USD billion).
Target drivers
*based on average nr or AUM of reporting entities in the last 5 years
AVERAGE SCORE
Avg by number of institutions
The green line indicates the average targets score (0-100 from “Initial response” to “Advanced response”) for the selected institution category. The average across institutions can be calculated as simple average of scores or weighted by the assets of covered entities. The dotted line indicates the score of the single institution emerging as the category’s “early leader.”
The green line indicates the average targets score (0-100 from “Initial response” to “Advanced response”) for the selected institution category. The average across institutions can be calculated as simple average of scores or weighted by the assets of covered entities. The dotted line indicates the score of the single institution emerging as the category’s “early leader.”
Target drivers
*based on average nr or AUM of reporting entities in the last 5 years
Integration
Distribution
Institutions by number
Distribution of target scores for the selected institution category. Gradations in each bar represent different levels of response (ranging 0-100 from “Initial response” to “Advanced response”). The distribution can be based on the number of institutions or their underlying assets (USD billion).
Distribution of target scores for the selected institution category. Gradations in each bar represent different levels of response (ranging 0-100 from “Initial response” to “Advanced response”). The distribution can be based on the number of institutions or their underlying assets (USD billion).
Integration drivers
*based on average nr or AUM of reporting entities in the last 5 years
AVERAGE SCORE
Avg by number of institutions
The green line indicates the average targets score (0-100 from “Initial response” to “Advanced response”) for the selected institution category. The average across institutions can be calculated as simple average of scores or weighted by the assets of covered entities. The dotted line indicates the score of the single institution emerging as the category’s “early leader.”
The green line indicates the average targets score (0-100 from “Initial response” to “Advanced response”) for the selected institution category. The average across institutions can be calculated as simple average of scores or weighted by the assets of covered entities. The dotted line indicates the score of the single institution emerging as the category’s “early leader.”
Integration drivers
*based on average nr or AUM of reporting entities in the last 5 years
Flows
INVESTMENT TRENDS
USDm *2019-2020 data is incomplete
Bars show the volume of transactions in primary low-carbon and climate-resilient investments, and green bond issuances. Figures are always expressed in USD million.
Sources: BNEF, CBI, CPI, NAZCA, RANFlows drivers
*based on average nr or AUM of reporting entities in the last 5 years
PORTFOLIO ALIGNMENT
Institutions by number
Distribution of institutions based on the assessment of the share of their investment portfolios exposed to climate-critical sectors as either aligned or misaligned with Paris goals. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: FFD, FinanceMap, TPIFlows drivers
*based on average nr or AUM of reporting entities in the last 5 years
TRENDS BY INDICATORS
Targets indicators
Awareness of climate change
awareness of climate change
Institutions by number
Distribution of institutions that have announced a clear commitment to addressing climate change through their activities, thereby raising awareness for action on climate risks or goals. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PRI, TPI or activity tracked under other indicators (adoption of mitigation targets, investment and divestment goals, activity to influence actors in the system).Adoption of quantified mitigation targets
Adoption of quantified mitigation targets
Institutions by number
Distribution of institutions that have set clear targets for climate action (primarily reducing their emissions), whether those are quantitative targets or general, and whether they are disclosed transparently. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: SBTi, ERI, NAZCA, WMB, TPI, NZAOA, PRBMitigation targets by type
Institutions by number
Distribution of institutions that have set a target, by type of target adopted. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: SBTi, NAZCAAdoption of investment goals
ADOPTION OF INVESTMENT GOALS
Institutions by number
Distribution of institutions that have set and disclosed clear, accountable and measurable targets to provide a volume of financial services and investments for climate action. The distribution can be based on the institutions by number or their underlying assets (USD billion).
Sources: WRIAGGREGATE INVESTMENT GOALS
USDm
Bars show the cumulative volume of investments that institutions have committed to in goals at the organizational level. Figures are always expressed in USD millions.
Sources: WRIAdoption of divestment goals
Adoption of divestment goals
Institutions by number
Distribution of institutions that have announced a clear target to divest from fossil fuels, with a clearly defined scope. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: DivestInvest, FFDAdoption of institutional strategy on climate change
Adoption of institutional strategy on climate change
Institutions by number
Distribution of institutions that have set an institution-level strategy to incorporate climate change risks and opportunities, including investment or decarbonization plans. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PDC, PRI, TPI, CAFI, PRBInfluencing actors in the system
Influencing actors in the system
Institutions by number
Distribution of institutions that are engaging with government and industry on climate change. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: InfluenceMap, World Economic Forum / Mission Possible, BEI, IA, SAS, PSI, PRI, NZAOA, WMB, TPIIntegration indicators
Disclosure of climate risks
Disclosure of climate risks
Institutions by number
Distribution of institutions that have committed to the disclosure of climate risks and, if so, whether the level of disclosure has been assessed and can be considered sufficient. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: AODP, PRI, TCFD, CA 100+, WMBEmissions reporting
Emissions reporting
Institutions by number
Distribution of institutions that have committed to disclose their emissions, and whether there is evidence that emissions are already been tracked internally. Emissions that are verified or cover the full range of activities (scope 1, 2, and 3) are here considered of higher quality. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: TPI, PCAF, PRIClimate progress reporting
Climate progress reporting
Institutions by number
Distribution of institutions that are committing to provide, or providing regular updates on measures implemented, and actions taken.
Distribution can be based alternatively on the number of institutions or their underlying assets (USDbn).
Sources: SSEI, CAFI, PSI, WRI, PRB, NZAOA, WMB, PRICarbon price
CARBON PRICE
Institutions by number
Distribution of institutions that have committed to an internal carbon price to inform their decision making, have already adopted one, or transparently disclosed one to the public. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: CDP, CPLC, TPI, WMB, NAZCACARBON PRICE RANGE ADOPTED
Institutions by number
Distribution of institutions that adopted and disclosed a carbon price, by actual carbon price range. The distribution can be based on the number of institutions or their underlying assets (USD billion), while the carbon price range is expressed in USD/tCO2.
Sources: CDPClimate scenario tools
Climate scenario tools
Institutions by number
Distribution of institutions that integrated temperature and climate scenario tools to support decision making, and the level of sophistication of the scenario used. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PRI, TPIClimate risk due diligence
Climate risk due diligence
Institutions by number
Distribution of institutions that have adopted internal climate risk due diligence and related procedures, distinguishing between organizations that so far committed to do so and those that have already put measures in place, and the degree at which they are integrated across the operational and strategic levels of the organization. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PRI, TPI, CAFIClimate-related accountability
Climate-related accountability
Institutions by number
Distribution of institutions that have adopted measures for climate accountability, looking at the extent of accountability and incentives for chief and operations-level staff, and at the existence of dedicated staff responsible for coordinating climate action. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PRI, TPI, SSEIShareholder / client engagement
Shareholder / client engagement
Institutions by number
Distribution of institutions that have committed to engaging shareholders or clients on climate action, or that are taking the necessary steps by mandating climate reporting requirements or through active ownership. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: PRI, PRB, SSEI, 2Di FM, CA 100+Flows indicators
Investment trends
Investment trends
USDm *2019-2020 data is incomplete
Bars show the volume of transactions in primary low-carbon and climate-resilient investments, and green bond issuances. Figures are always expressed in USD million.
Sources: BNEF, CBI, CPI, NAZCA, RANPortfolio alignment
PORTFOLIO ALIGNMENT
Institutions by number
Distribution of institutions based on the assessment of the share of their investment portfolios exposed to climate-critical activities as either aligned or misaligned with Paris goals. The distribution can be based on the number of institutions or their underlying assets (USD billion).
Sources: FFD, FinanceMap, TPI