International initiatives and working groups
The relevance of environmental protection and attention to climate change are demonstrated by the Group's adhesion to important international initiatives aimed at promoting dialogue between companies, international organisations and civil society, as well as participation in international working groups on environmental sustainability and climate change issues.
Unep FI - TCFD Banking Sector Pilot
The "TCFD Banking Sector Pilot – Phase II" working group involves more than 35 international banks, coordinated by UNEP FI, with the aim of developing methodologies for assessing climate change risks through the development of long-term scenario analysis. In particular, this analysis methodology is applied to certain areas of activity in the Group's climate-sensitive credit portfolio in order to quantify the impact of both transition risk and physical risk.
UNEP FI and EBF - High-level recommendations on the voluntary application of the EU taxonomy to core banking products
Joint initiative of UNEP FI and European Banking Federation to assess the applicability of the EU taxonomy on sustainable activities to different banking products. The working group involves 25 banks and 7 banking associations from different countries, including the ABI.
Last updated 26 November 2021 at 16:58:51
