Net‑Zero Commitments and Prudential Risks in the Dutch Financial Sector

Abbreviations and acronyms

AFM	Netherlands Authority for the Financial Markets
BCBS	Basel Committee on Banking Supervision
BTAR	banking book taxonomy alignment ratio
CDP	Carbon Disclosure Project
CO2	carbon dioxide
CRD	Capital Requirements Directive
CRR	Capital Requirements Regulation
CRREM	Carbon Risk Real Estate Monitor
CSRD	Corporate Sustainability Reporting Directive
DNB	De Nederlandsche Bank
EBA	European Banking Authority
ECB	European Central Bank
EIOPA	European Insurance and Occupational Pensions Authority
EPC	energy performance certificate
ESG	environmental, social and governance
ESMA	European Securities and Markets Authority
ESRS	European Sustainability Reporting Standards
EU	European Union
EUR	euro
FLAG	Forest, Land and Agriculture
GAR	green asset ratio
GHG	greenhouse gas
GWh	gigawatt hour
IEA	International Energy Agency
IFRS	International Financial Reporting Standards
IORP	Institution for occupational retirement provision
ISSB	International Sustainability Standards Board
ITS	implementing technical standards
KPI	key performance indicator
kWh	kilowatt hour
LSI	less significant institution
NGFS	Network for Greening the Financial System
NPE	non-performing exposure
NZE	Net Zero Emissions (scenario)
NZIF	Net Zero Investment Framework
OECD	Organisation for Economic Co-operation and Development
ORSA	own risk and solvency assessment
P&C	property and casualty
PAI	principal adverse impact
PCAF	Partnership for Carbon Accounting Financials
RTS	regulatory technical standards
SBTi	Science Based Targets initiative
SFDR	Sustainable Finance Disclosure Regulation
SME	small and medium-sized enterprise
SNCI	small and non-complex institution
TCFD	Task Force on Climate-related Financial Disclosures
tCO2e	tonnes of carbon dioxide equivalent
tkm	tonne-kilometre
TSI	Technical Support Instrument
UN	United Nations
USD	United States dollar
vkm	vehicle-kilometre
WACI	weighted average carbon intensity