Consultation draft-Proposal for a new KPI-set to steer the decarbonisation of financial companies

The consultation document presents a new KPI set for financial companies under the term I-PEPs (Indicators for Portfolio-weighted Emission Performances). The main purpose is the portfolio-related measurement of greenhouse gas (GHG) emission performances of the as sets financed and invested as well as the associated transition risks. I-PEPs use absolute GHG emissions (for corporate lending/investments) and physical emission intensities (for project finance) and measure their development over time. Asset-specific performances are weighted and aggregated according to their lending volume share in the portfolio. In that, I-PEPs require fewer input factors and are therefore less dependent on influences affecting emission performance (such as EVIC). The reduced need for data collection may also lower staff-related and financial costs. While I-PEPs are aimed at steering the portfolio decarbon isation, GHG accounting for financed emissions shall continue to be reported based on the PCAF Standard. However, financial companies must be aware of the different areas of ap plication and informative value.

Herausgeber:

Federal Ministry Republic of Austria for Climate Action, Environment, Energy, Mobility, Innovation and Technology

Ausgabejahr:

2024

Ausgabeort:

Vienna

Format:

Download

Kategorie:

Green Finance

Seitenanzahl:

57