Mapping climate‑related metrics in the financial sector

Abbreviations and acronyms

 

A-P	Asia-Pacific	IIGCC	Institutional Investors Group on Climate Change
AUM	assets under management	IPCC	Intergovernmental Panel on Climate Change
BIS	Bank for International Settlements	ISAE	International Standard on Assurance Engagements
CCM	carbon credit mechanism	ISIN	International Securities Identification Number
CDP	Carbon Disclosure Project	ISO	International Organization for Standardization
CEO	Chief Executive Officer	ISSB	International Sustainability Standards Board
CO2e	carbon dioxide equivalent	JP	Japan
CN	China (People’s Republic of)	KPI	key performance indicators
CPI	Consumer Price Index	KRI	key risk indicators
CPRS	climate policy relevant sectors	LSI	less significant institution
CSRD	Corporate Sustainability Reporting Directive	MTF	Multilateral Trading Facility
CTB	Climate Transition Benchmark	NACE	Nomenclature statistique des activites économiques dans la Communauté européenne
EBA	European Banking Authority	NDC	Nationally Determined Contribution
ECB	European Central Bank	NGFS	Network for Greening the Financial System
EFRAG	European Financial Reporting Advisory Group	NZIF	Net Zero Investment Framework
EIOPA	European Insurance and Occupational Pensions Authority	OECD	Organisation For Economic Co-Operation and Development
ESAP	European Single Access Point	OTC	over the counter
ESG	environmental, social and governance	ISO	International Organization for Standardization
ESMA	European Securities and Markets Authority	PAB Regulation	Paris Aligned Benchmark Regulation
ESRB	European Systemic Risk Board	PACTA	Paris Agreement Capital Transition Assessment
ESRS	European Sustainability Reporting Standards	PCAF	Partnership for Carbon Accounting Financials
ESRS E1	European Sustainability Reporting Standards E1 Climate Change	REIT	Real Estate Investment Trust
EU	European Union	RIC	Refinitiv Identification Code
FCA	Financial Conduct Authority	SBTi	Science Based Targets initiative
FSB	Financial Stability Board	SBTi-FI	SBTi Guidance for the Financial Sector
GFANZ	Glasgow Financial Alliance for Net Zero	SDS	sustainable development scenario
GHG	greenhouse gas	SI	significant institution
GHG Protocol	Greenhouse Gas Protocol	SLB	sustainability-linked bond
GRI	Global Reporting Initiative	SSM	Single Supervisory Mechanism
G-SIBs	Global Systemically Important Banks	TCFD	Task Force on Climate-Related Financial Disclosures
GSS	green, social and sustainability	TPT	Transition Plan Taskforce
IAASA	Irish Auditing and Accounting Supervisory Authority	TRBC	the Refinitiv business classification
IASB	International Accounting Standards Board	UK	United Kingdom
IEA	Internal Energy Agency	UNFCCC	United Nations Framework Convention on Climate Change
IFRS	International Financial Reporting Standards	WBCSD	World Business Council for Sustainable Development
IFRS S2	IFRS S2 Climate-Related Disclosures	WRI	World Resources Institute