2024-08-12-联合国环境署-净零银行联盟披露清单——第2版（英）_11页_3mb

Net-Zero Banking Alliance Disclosure Checklist Summary

Core Content

The Net-Zero Banking Alliance (NZBA) has updated its Disclosure Checklist to align with the Guidelines for Climate Target Setting for Banks - Version 2, which were released by the United Nations Environment Programme Finance Initiative (UNEP FI) in April 2024. The checklist provides a structured approach for banks to disclose their climate targets and transition plans in line with the net-zero goals, emphasizing transparency, science-based targets, and alignment with global climate objectives.

Main Points

1. Legal and Regulatory Disclaimer

• The NZBA and its members are committed to legal compliance.
• Members must ensure that disclosed information is not competitively sensitive.
• The checklist is guidance only and does not create binding obligations.

2. Disclosure Checklist Overview

• The checklist is intended to help banks disclose intermediate climate targets in accordance with the Guidelines for Climate Target Setting for Banks.
• Banks are expected to disclose on a comply-or-explain basis.
• Encouragement is given to go beyond the checklist requirements, especially where permitted by the Guidelines.

3. Emissions Baseline and Annual Emissions Profile

• Banks must establish an emissions baseline and measure and report their emissions profile annually.
• The emissions profile should cover a significant majority of Scope 3 emissions, including carbon-intensive sectors.
• Key sectors covered are:
  • Agriculture
  • Aluminium
  • Cement
  • Coal
  • Commercial and residential real estate
  • Iron and steel
  • Oil and gas
  • Power generation
  • Transport
• Disclosure metrics should include:
  • Absolute emissions
  • Portfolio-wide emissions intensity (e.g., CO2e/USD lent or invested)
  • Sector-specific emissions intensity (e.g., CO2e/metric)

4. Targets

• NZBA signatories have 18 months from signing the Commitment to set their first round of targets.
• Within the next 18 months, targets for a substantial majority of carbon-intensive sectors should be established.
• Targets must be science-based and aligned with the goal to limit global warming to 1.5°C by the end of the century.
• Targets should be based on:
  • Absolute emissions
  • Sector-specific emissions intensity
• The base year for targets should be no more than two full reporting years prior to target setting.
• Banks must disclose the scenario used, which should:
  • Limit global warming to 1.5°C
  • Be from credible sources
  • Be no- or low-overshoot
  • Be conservative in negative emissions technologies
  • Be science-based on carbon sequestration via nature-based solutions and land use change

5. Target Coverage

• Targets must cover a significant majority of a bank’s Scope 3 financed emissions.
• Include carbon-intensive sectors as defined.
• Cover lending and capital markets activities (equity and debt), and should cover investment activities.
• Inclusions depend on:
  • Availability of data
  • Existence of methodologies
  • Significance of emissions and financial exposures
  • Regulatory or commercial restrictions
• Exclusions must be justified with a rationale for significance, methodology, or other appropriate reasons.
• Automatic inclusion applies to clients with more than 5% of revenues from thermal coal mining or coal-powered electricity generation.
• Phase out policy may be used instead of emissions targets, but financed emissions must still be disclosed annually.

6. Transition Plans

• Banks must publish a high-level transition plan within 12 months of setting targets.
• The plan should include planned actions and milestones.
• Targets should focus on achieving impact in the real economy.

7. Other Considerations

• Governance: Targets must be approved by the highest executive level and be part of broader strategic plans.
• Target Review: Targets should be reviewed and revised every five years to align with the latest scientific findings (e.g., IPCC reports).
• Target Revision: Adjustments may be needed if significant changes occur (e.g., portfolio changes, methodological developments).
• Setting New Targets: A new intermediate five-year target should be set as each subsequent target year approaches.
• Assurance: Banks are encouraged to obtain third-party limited assurance for their climate reporting.
• Carbon Credits: Banks should apply evolving best practices regarding the use of carbon credits.
• Implementation Timeline:
  • First round of targets must be set within 18 months of signing the Commitment.
  • Targets for all or most carbon-intensive sectors must be set within a further 18 months.
• Application of Guidelines V2:
  • From 22 April 2024, all new or revised targets must align with Version 2.
  • Capital markets will be included in new targets published from 1 November 2025.

Key Information

• The Guidelines emphasize science-based and ambitious targets.
• Transparency is a core principle, requiring detailed disclosure of:
  • Scope and boundary of asset classes
  • Methodologies used
  • Target years and base years
• UNEP FI plays a central role in promoting sustainable finance, with over 500 banks and insurers collaborating to implement the Principles for Responsible Banking and Principles for Sustainable Insurance.
• Banks are encouraged to go beyond the checklist and incorporate 'should', 'may', and 'encouraged' statements from the Guidelines.