Financial services and insurance

Articles for Financial services and insurance covering Quality, risk, and operational resilience, Sustainable finance, Sustainability reporting and disclosure, relevant standards, and practical improvement resources.

Key management topics

Quality, risk, and operational resilienceExplore related articles and resources.Sustainable financeExplore related articles and resources.Sustainability reporting and disclosureExplore related articles and resources.

Common standards and frameworks

PCAF TCFD IFRS S1 / S2 ISO 14064-1 GHG Protocol

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Financial services and insurance01/10/2024

How does the financial industry identify the impact of climate risks on investment and financing businesses?

The requirements for the financial and insurance industry from competent authorities, investors, customers and international rating agencies are gradually moving from policy commitments to specific data, calculation basis and improvement records. In terms of climate risk management, companies must not only deliver results, but also explain data boundaries, methods, division of responsibilities and evidence. If you wait until you receive a questionnaire or verification notice before reorganizing it every time, it is easy to have inconsistent versions, and it will be difficult to provide credible information within the deadline. The financial and insurance industry has dealt with climate risk management in the past

Quality, risk, and operational resilienceSustainable financePCAF+6

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Financial services and insurance01/03/2024

IFRS sustainable disclosure is on the way, how does the financial industry integrate cross-sector data?

Is it sufficient to handle sustainable information disclosure after already completing existing management or obtaining relevant information? For the financial and insurance industry, the answer is often not that simple. The boundaries, methods and evidence of concern are not exactly the same for different standards, clients and management purposes. Continuous disclosure requires simultaneous management of indicator definitions, periods, boundaries, calculation methods, responsible units and evidence, in order to reduce conflicts between previous years or different chapters. In the past, when the financial and insurance industry dealt with the disclosure of sustainable information, each unit often

Sustainability reporting and disclosureSustainable financeIFRS S1 / S2+3

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Financial services and insurance01/17/2023

How can internal carbon pricing assist the financial industry in investment and risk decisions?

For the financial and insurance industry, carbon costs and decisions are not just sustainability or compliance work, but also directly affect costs, equipment efficiency and operational stability. Just by looking at the total increase or decrease, it is often impossible to determine whether the change comes from output, product mix, equipment status, or real efficiency improvements. Without consistent benchmarks and continuous tracking, even if companies invest in improvement budgets, it will be difficult to confirm whether resources are used in the most impactful links. In the past, when the financial and insurance industry dealt with carbon costs and decision-making, each unit often relied on its own form and

Sustainable financeQuality, risk, and operational resiliencePCAF+4

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Financial services and insurance01/10/2023

How can the financial and insurance industry establish a traceable organizational carbon inventory process?

Completing a form, obtaining a statement or calculating a result does not mean that the financial and insurance industry has completed an organizational carbon inventory. True management also includes data boundaries, risk classification, evidence quality, division of responsibilities and improvement tracking. A greenhouse gas inventory is not just about adding up electricity and fuel consumption, but also requires confirmation of organizational boundaries, operational controls, emission categories, activity data, emission factors and supporting documentation. When the financial and insurance industry handled organizational carbon inventories in the past, each unit often searched based on its own form and understanding.

Carbon management and net zeroISO 14064-1GHG Protocol+3

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Financial services and insurance01/03/2023

How does the financial industry manage carbon emissions from investment and financing? From data collection to emission calculations

Having completed existing management or obtained relevant information, is it sufficient to handle investment and financing carbon emission management? For the financial and insurance industry, the answer is often not that simple. The boundaries, methods and evidence of concern are not exactly the same for different standards, clients and management purposes. Investment and financing carbon emissions usually require calculation methods to be selected based on asset categories, and the company's actual data, estimated data and data quality scores must be distinguished. In the past, when the financial and insurance industry dealt with investment and financing carbon emission management, each unit often relied on its own forms and understandings.

Sustainable financePCAFGHG Protocol+2

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