Building on the submissions to the first International Award on Investor-climate related disclosures we co-organized with the French government in 2016, the guide “Lighting the way to best practice” provides an overview of the best practices in applying the Article 173-VI of the Energy Transition for Green Growth Law.
These best practices have been awarded by an independent jury composed of representatives of the French government, the main investor coalitions, European policy makers and NGOs, based on a set of criteria designed by 2° Investing Initiative and the French government.
The guide provides examples in three core areas:
- Measuring the contribution to the Paris agreement. Best-practices cover target setting and reporting on the impacts of shareholder engagement.
- Climate goal alignment: use of science-based methodologies to measure alignment with the Paris Agreement goals.
- Risk exposure: disclosure of portfolio’s exposure to transition and physical risks using financial indicators such as the Value-at-Risk.
Investors further interested in climate-related metrics can complement the case studies described in the guide with the recommendations of our report “Hit & Miss: about TCFD disclosure guidance for financial institutions”. |
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