FinanceMap scores this financial institution in the following areas. Please navigate to the relevant tab for in-depth analysis
FinanceMap assesses these portfolios for this financial institution. Please navigate to the relevant tab for in-depth analysis.
Portfolio Paris Alignment analysis of this institution's activities in this portfolio area in 2020–2021.
Value Assessed: $160B
Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
Portfolio Paris Alignment analysis of this institution's activities in this portfolio area in 2020–2021.
Value Assessed: $76.0B
Sector Paris Alignment scores for the sectors to which this portfolio has exposure. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
Fossil fuel production companies are defined as those with primary sector of operations in the up-, mid-, and/or downstream segments of fossil fuel production. Green companies are defined as companies having over 75% revenue deriving from Substantial Contribution to Mitigation activities under the EU Taxonomy.
Portion of AUM Assessed: $257B
Sector Paris Alignment scores for the sectors in which the asset manager has shareholdings. FinanceMap Paris Alignment analysis is limited to the automotive, upstream fossil fuel, and power sectors.
| Holding Name | Contribution to Sector Production |
|---|---|
| RWE AG | 19.3% |
| Enel SpA | 16.8% |
| Iberdrola SA | 11.0% |
| Fortum Oyj | 9.1% |
| EDP Energias de Portugal SA | 5.7% |
| Engie SA | 5.6% |
| Nextera Energy Inc | 2.0% |
| EDP Renovaveis SA | 1.3% |
| Orsted A/S | 1.1% |
| Clearway Energy Inc | 1.1% |
| Holding Name | Contribution to Sector Production |
|---|---|
| Stellantis NV | 39.4% |
| Volkswagen AG | 17.0% |
| Renault SA | 14.9% |
| Bayerische Motoren Werke AG | 5.9% |
| Toyota Motor Corp | 3.9% |
| Mercedes Benz Group AG | 3.5% |
| Mazda Motor Corp | 2.3% |
| Honda Motor Co Ltd | 2.0% |
| Nissan Motor Co Ltd | 1.8% |
| Suzuki Motor Corp | 1.5% |
| Holding Name | Contribution to Sector Production |
|---|---|
| China Shenhua Energy Co Ltd | 45.2% |
| Glencore PLC | 23.0% |
| Coal India Ltd | 18.2% |
| Yankuang Energy Group Co Ltd | 10.0% |
| Adaro Energy Indonesia TBK PT | 3.2% |
| Shanxi Meijin Energy Co Ltd | 0.2% |
| Washington H Soul Pattinson and Company Ltd | 0.1% |
| Whitehaven Coal Ltd | 0.1% |
| Holding Name | Contribution to Sector Production |
|---|---|
| TotalEnergies SE | 30.2% |
| Eni SpA | 15.4% |
| Shell PLC | 11.2% |
| Repsol SA | 6.9% |
| Petroleo Brasileiro SA Petrobras | 6.5% |
| BP PLC | 4.8% |
| Chevron Corp | 3.4% |
| Exxon Mobil Corp | 3.2% |
| EQT Corp | 2.3% |
| EOG Resources Inc | 1.9% |
All equity funds that FinanceMap has identified as being managed by this asset manager. Click through to a fund's profile page to view in-depth analysis.
Amundi has set climate change as a key priority in its engagement strategy, with a particular focus and framework centered around the energy transition. It is deepening its climate engagements with its “Ambition 2025” plan by expanding engagements on emissions reduction plans to 1000 additional companies. The asset manager appears to measure engagement progress with milestones, although the milestones lack detail in its reporting. It has a escalation strategy based on engagement outcomes that includes voting against management, public statements, etc.
Amundi appears to be actively engaging companies to transition in line with the Paris Agreement. For example, it has engaged with BHP, RWE, and the insurance sector on coal phase-outs and setting GHG emissions reduction targets. The asset manager has engaged with companies on climate policy influence, including engagements which led a Japanese automotive manufacturer to support climate policy and release a climate lobbying report. Additionally, it is an active participant in collaborative initiatives such as CA100+ and SBTi.
Amundi has described its stewardship governance and review structures as well as how it seeks input from clients to incorporate climate change into its investment products. The asset manager is partially transparent about engagements, providing some named and some anonymous case studies. It discloses its proxy voting record and outlines its proxy voting policy on climate issues. The asset manager has demonstrated its use of shareholder authority on climate, co-filing a shareholder resolution at HSBC with ShareAction.
Insightia data suggests that Amundi is broadly supportive of AGM resolutions InfluenceMap categorizes as in line with the Paris Agreement, supporting 64% in 2019, 77.2% in 2020, 91.9% in 2021, and 87.9% in 2022.
FinanceMap's methodology to measure the engagement process on climate was developed in consultation with several of the world's leading asset managers and uses key aspects of the UK Financial Reporting Council's 2020 Stewardship Code . The Stewardship Code was chosen to benchmark engagement quality as it provides an ambitious framework and detailed definitions of what constitutes effective engagement. FinanceMap defines the term ‘engagement’ as referring to all investor actions undertaken to influence the management strategy of the companies they own including private communications with corporate management and appointed advisors; questions at AGMs/other company meetings; comments on the company in the media; escalation and the shareholder resolution process (filing, voting behavior). FinanceMap’s methodology breaks the engagement process down into a set of sub-activities and looks for evidence associated with these across publicly available data sources.
Climate-relevance categorization of shareholder resolutions is based on the IPCC’s Special Report on 1.5°C and its concluded need for “rapid and far-reaching transitions in land, energy, industry, buildings, transport, and cities.” FinanceMap scored voting on any resolution where the intent and likely outcome is consistent with this IPCC stated need. The voting data is drawn from asset managers' disclosures to the US Security Exchange Commission (SEC), asset manager websites (including third-party websites they link to), directly from the asset managers, and through specialist voting data provider Insightia. The full list of resolutions assessed is available here.
The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions’ sustainable finance policy engagement. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
Crédit Agricole appears to be actively engaged on sustainable finance policy, with mixed positions. Crédit Agricole and its asset management subsidiary Amundi appear to independently engage with policy, although both with mixed positions, addressing a range of different sustainable finance policy strands and with some differing positions.
Crédit Agricole has stated support for the role of finance in reaching the goals of the Paris Agreement, and appears to support reform to make the financial sector more sustainable. Amundi has supported action to keep global temperature rise to 1.5C and to reach net-zero by 2050. In joint letters, Amundi has advocated for action to achieve net-zero by 2050 and has also advocated for the post-2020 global biodiversity framework to mandate the alignment of financial flows with biodiversity goals. In meetings with the European Commission in 2022, Amundi further highlighted the need for financial institutions to align their actions with their targets.
In feedback to the Commission on the Renewed Strategy in 2020, Crédit Agricole advocated for the inclusion of more transitional activities in the taxonomy but opposed the expansion of the taxonomy to cover environmentally harmful activities. In response to the Commission in 2021, Crédit Agricole did recommend a one-year delay to the taxonomy’s implementation after the disclosures of non-financial companies are implemented. In meetings with the Commission Director General in 2022, Amundi recommended a “dynamic approach” to the taxonomy, which appeared to suggest the support of a weaker definition of green activities.
In a consultation response to the European Commission in 2020, Amundi appeared to support an ambitious review of the Non-Financial Reporting Directive (NFRD). In joint statements in 2021, Amundi advocated for mandatory implementation of the Task Force on Climate-related Financial Disclosures (TCFD), and for EU policymakers to increase the scope of the Corporate Sustainability Reporting Directive (CSRD, which replaced the NFRD) in order to respond to the needs of investors in Sustainable Finance Disclosure Regulation (SFDR) disclosures. In response to the European Financial Reporting Advisory Group (EFRAG) in 2022, on the proposal for the European Sustainability Requirement Standards under the CSRD, Crédit Agricole argued against the “volume and complexity” of the disclosure requirements. In the same consultation, subsidiary Crédit Agricole Assurances similarly argued against the level of sector-agnostic disclosures and suggested some were too granular. In response to the International Sustainability Standards Board (ISSB) on the Climate and Sustainability Disclosure Drafts in 2022, Amundi advocated for further ambition including a double materiality approach. However, in a research paper in 2022, Amundi suggested there was an issue in encouraging asset owners and managers to go beyond scope 1 and 2 disclosures, highlighting challenges with disclosing scope 3 emissions and portfolio alignment. In a joint statement in 2022, Amundi did advocate for the assessment and disclosure of nature-related impacts and dependencies.
In feedback to the Commission in 2020, both Crédit Agricole and Amundi supported the need for EU level verification of the EU Green Bond Standard (GBS). In 2020, an article on the EFAMA website featured Thierry Bogaty (Head of ESG Strategy at Amundi) stating top-line support for the EU Ecolabel but arguing for weaker green criteria on the basis that more investments would be eligible.
In feedback to the Commission in 2020, both Crédit Agricole and Amundi appeared to support for the consideration of adverse impacts on sustainability within fiduciary duty, but only where there is a clear mandate from the asset owner to do so. However, Amundi argued against the prescriptiveness of the proposed Sustainable Finance Disclosure Regulation (SFDR) in comments to the European Supervisory Authorities’ (ESAs) consultation in 2020.
At the group level, Crédit Agricole has disclosed some general positions on its website, but has not referenced specific policies or described engagement activities. Amundi discloses some of the sustainable finance policies it is tracking with some details of engagement, but did not describe positions taken. Amundi has listed its trade association memberships but has not clearly described the management of its indirect influence. There does not appear to be group level disclosure of indirect sustainable finance policy engagement, although Crédit Agricole has disclosed corporate membership of the board in its financial reporting.
InfluenceMap’s methodology for assessing lobbying on sustainable finance policy closely follows InfluenceMap’s established methodology on climate policy engagement, which is used extensively by investors, including via the Climate Action 100+ investor engagement process. Our full methodology can be found here.
Under our assessment of sustainable finance lobbying, InfluenceMap considers engagement on all financial policies which intersect with climate and/or other sustainability issues. The analysis takes into account both the engagement of the financial institution and the activities of industry associations they hold membership of.
InfluenceMap’s methodology covers seven publicly available data sources, searching for evidence of engagement and corporate positioning since 2017. To determine the policy issues within the scope of the analysis, InfluenceMap breaks down sustainable finance policy engagement into a series of subcategories, or 'queries'. These are designed to cover high-level issues relating to the importance of sustainable finance, as well as more specific areas of sustainable finance policymaking. InfluenceMap’s research process searches for evidence of an organization's engagement with each sustainable finance policy issue, across each of the data sources.
The following table outlines the key queries and data sources, which FinanceMap uses to assess asset managers' corporate engagement programs. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party.
In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Rita Sqalli is on the AFME board of directors
Rita Sqalli (Global Chief Operating Officer and Chief of Staff for Global Markets)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Pierre Gay is on the AFME board of directors
Pierre Gay (Head of Global Markets Division, Crédit Agricole)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Rita Sqalli is on the AFME board of directors
Rita Sqalli (Global Chief Operating Officer and Chief of Staff for Global Markets)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Pierre Gay is on the AFME board of directors
Pierre Gay (Head of Global Markets Division, Crédit Agricole)
InfluenceMap Data Point on Corporate - Influencer Relationship
An Amundi staff member is co-chair of Stewardship, Market Integrity and ESG Investment committee
InfluenceMap Data Point on Corporate - Influencer Relationship
As of February 2023, Bernard DE WIT is a corporate member representative of the EFAMA board of directors
Mr Bernard DE WIT (Amundi)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Nicolas CALCOEN is the president of the EFAMA board of directors
Nicolas CALCOEN (Amundi AM)
InfluenceMap Data Point on Corporate - Influencer Relationship
An Amundi staff member is co-chair of Stewardship, Market Integrity and ESG Investment committee
InfluenceMap Data Point on Corporate - Influencer Relationship
As of February 2023, Bernard DE WIT is a corporate member representative of the EFAMA board of directors
Mr Bernard DE WIT (Amundi)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
Nicolas CALCOEN is the president of the EFAMA board of directors
Nicolas CALCOEN (Amundi AM)
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, A. AUCOIN is a board member of the EACB
A. AUCOIN (Fédération Nationale du Crédit Agricole)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, A. AUCOIN is a board member of the EACB
A. AUCOIN (Fédération Nationale du Crédit Agricole)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Credit Agricole Securities is a member of SIFMA
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Kashif Zafar is on the board of SIFMA.
Kashif Zafar (Head of the Global Markets Division for the Americas, Credit Agricole)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Credit Agricole Securities is a member of SIFMA
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Kashif Zafar is on the board of SIFMA.
Kashif Zafar (Head of the Global Markets Division for the Americas, Credit Agricole)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Caroline Le Meaux is a board member of the IIGCC
Caroline Le Meaux (Head of ESG Research, Engagement at Amundi)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Amundi Asset Management is a member of the IIGCC
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Caroline Le Meaux is a board member of the IIGCC
Caroline Le Meaux (Head of ESG Research, Engagement at Amundi)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Amundi Asset Management is a member of the IIGCC
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management and Credit Agricole Economic Research are members of the IIF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management and Credit Agricole Economic Research are members of the IIF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management is a member of the Investment Association
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Philippe D'Orgeval is a board member at The Investment Association. As of February 2023, he is no longer a board member.
Philippe D'Orgeval (CEO - Amundi Asset Management)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management is a member of the Investment Association
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Philippe D'Orgeval is a board member at The Investment Association. As of February 2023, he is no longer a board member.
Philippe D'Orgeval (CEO - Amundi Asset Management)
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Crédit Agricole is a member of the French Banking Federation which is a national association member of EBF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Crédit Agricole is a member of the French Banking Federation which is a national association member of EBF
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CREDIT AGRICOLE ASSURANCES RETRAITE and CREDIT AGRICOLE INDOSUEZ RISK SOLUTIONS ASSURANCES – CAIRS ASSURANCES are members of France Assurers which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CAISSE D'ASSURANCES MUTUELLES DU CREDIT AGRICOLE (CAMCA) is a member of La Fédération Française de l’Assurance which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CREDIT AGRICOLE ASSURANCES RETRAITE and CREDIT AGRICOLE INDOSUEZ RISK SOLUTIONS ASSURANCES – CAIRS ASSURANCES are members of France Assurers which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
CAISSE D'ASSURANCES MUTUELLES DU CREDIT AGRICOLE (CAMCA) is a member of La Fédération Française de l’Assurance which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management is a member of PensioPlus which is a national association member of PensionsEurope
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Amundi is a corporate/supporter member of PensionsEurope. As of January 2022, Amundi is no longer a corporate/supporter member of PensionsEurope.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of February 2023, Amundi Asset Management is a member of PensioPlus which is a national association member of PensionsEurope
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Amundi is a corporate/supporter member of PensionsEurope. As of January 2022, Amundi is no longer a corporate/supporter member of PensionsEurope.
not specified
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Crédit Agricole Securities Asia BV and Amundi are the direct member of JSDA.
not specified
--no extract--
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
Crédit Agricole Securities Asia BV and Amundi are the direct member of JSDA.
not specified
--no extract--
Crédit Agricole is partially aligned with TCFD guidance regarding the governance of climate risk. The board defines and approves the company’s strategic decisions, including those related to ESG and climate that may affect company performance. Additionally, the board’s Strategy and CSR Committee ensures that climate change is integrated into global strategy. Various management-level positions and committees are assigned climate-related responsibilities; however, it is unclear what processes are used to ensure these positions and committees monitor the progress of climate-related issues.
Crédit Agricole considers climate-related risks and opportunities on its lending and investment business activities; however, it has not defined what climate-related risks and opportunities it considers over different time horizons. Crédit Agricole is transparent about how it has considered the impact of climate-related risks and opportunities on its corporate strategy planning and has provided several examples in its annual financial report.
The organization uses climate scenarios to "assess sensitivity to climate risks". However, it is unclear if it has tested the resilience of its business strategy across a robust range of climate-scenarios, including those consistent with a 2°C or lower warming, and if it has used climate scenarios to test resilience across other business areas.
It is unclear if Crédit Agricole is aligned with TCFD guidance on the use of processes for identifying and assessing climate-related risks. It outlines the different climate risks it considers in risk assessments, but does not appear to outline the processes used for identifying climate-related risks in its reporting. It has, however, outlined some processes for measuring and managing climate-related risks, including sector-specific policies and a transition risk rating.
Crédit Agricole appears to have integrated its climate strategy into its "Medium Term Plan" and associated risk management approach, and climate and ESG risks are defined as "major risks" in the organizations firm wide risk management approach.
Crédit Agricole is transparent about the key metrics used to measure and manage climate-related risks and opportunities, including metrics on emissions (including financed emissions), and credit exposure to coal and green finance.
It is transparent about historic Scope 1 and 2 emissions data on its annual financial report. Using the P9XCA method, Credit Agricole discloses Scope 3 emissions from the group’s investments and financing and outlines these emissions across various industries and geographies. It is working on calculating scope 3 emissions for “the entire group” which will include investments and insurance.
The organization has set targets to measure and monitor climate-related risk and opportunities, including targets related to sustainable investing, financing the energy transition, and aligning its portfolios with the Paris Agreement. In July 2021, it joined the Net Zero Banking Alliance, and in June 2022, Credit Agricole announced oil and gas and automotive sector targets. It states further details will follow, along with additional sector targets later in 2022 and 2023.
Crédit Agricole has established coal financing exclusion policies and will not finance the development or expansion of new coal-fired power plants as well as refinancing power plants already in operation unless CCS is deployed. Additionally, the organization is phasing out of its financing of coal-related activities using strict timelines by 2030 for EU and OECD countries and 2040 for the rest of the world.
It has developed sector policies for oil and gas, including exclusionary policies for some activities, namely oil projects in the Arctic, gas to liquids projects, and oil sands projects. However, it appears that the organization will otherwise participate in oil and gas financing.
Crédit Agricole appears to be advocating a position that is partially aligned with IPCC guidance on the role of nuclear in the energy mix and analyzes nuclear projects on 4 dimensions to ensure clients meet international safety standards. The organization has communicated support for a low-carbon economy and financing the energy transition, and is doing so by strengthening its financing of renewables.
FinanceMap’s Climate Governance and Policies analysis assesses statements financial institutions (FIs) are making on how they are incorporating climate issues into their decision-making and operations using FinanceMap’s matrix methodology. This methodology is adapted from the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and guidelines, Net-Zero Banking Alliance (NZBA) or equivalent Glasgow Financial Alliance for Net-Zero (GFANZ) initiative reporting, and IPCC and IEA technology statements. The TCFD provide guidance on 11 recommendations across four areas which are reflected in our matrix: Governance, Strategy, Risk Management, and Metrics and Targets. Additional benchmarks have been introduced to strengthen the ambition of scoring criteria in the assessment of targets, which are supplemented by guidance from the NZBA or equivalent GFANZ initiatives.
Additionally, Science-Based Policy (SBP) benchmarks are used to measure alignment of an FIs technology positions with the science of climate change. These benchmarks are applied to an FIs internal policies on technologies including coal, oil, gas, nuclear, and renewables and also assesses its engagement with broader climate and energy policy issues such as advocacy on the role and importance of different strategy types in the future energy mix.
For each TCFD recommendation and technology, FIs statements are applied to a five point scoring scale ranging from +2 to -2, measuring alignment with the relevant benchmarks. The detailed scores for this FI are displayed below within each matrix cell.
The following table outlines the key queries and data sources, which FinanceMap uses to assess financial institutions climate governance, targets and policies. Every evidence piece is assessed on a five-point scale of -2,-1,0,1,2 or NA (not applicable)/NS (not scored). All queries, data sources, and evidence pieces are weighted against one another in a matrix system to arrive at a final top-level score. Clicking on specific cells will load the underlying evidence and information on how it has been assessed.
Open PDF file of Data Source