Climate Bonds Guide to Certification ENTITIES
Summary
The Climate Bonds Initiative provides a certification scheme for entities to validate their climate credentials and transition plans. Certification is available at two levels: Level 1 for entities already aligned with 1.5°C pathways, and Level 2 for those with transition plans predicting alignment by 2030. To be eligible, at least 90% of an entity's activities must be 'Eligible Activities' based on existing Sector Criteria. Certification is valid for five years, requiring annual verification by an approved verifier, and is restricted to non-financial corporate entities.
Key insights
- The certification scheme for entities is divided into two levels based on their alignment with 1.5°C pathways: Level 1 is for entities already aligned or near net-zero, while Level 2 is for those whose transition plans predict alignment by 2030.
- To qualify for certification, an entity must ensure that 'Eligible Activities' constitute at least 90% of its total activities, as disaggregated by greenhouse gas (GHG) emissions or turnover.
- Certification is specifically available to non-financial corporate entities, including companies or groups of companies, but explicitly excludes sovereigns, municipalities, local authorities, and financial institutions.
- The certification remains valid for a period of five years, provided that external verification is conducted by a Climate Bonds Approved Verifier on an annual basis.
Cite the original document
- APA
- Climate Bonds Initiative (2023). Climate Bonds Guide to Certification ENTITIES. https://www.climatebonds.net/files/documents/supporting-documents/Climate-Bonds-Entity-Certification-Guide.pdf
- Chicago
- Climate Bonds Initiative. Climate Bonds Guide to Certification ENTITIES. 2023. https://www.climatebonds.net/files/documents/supporting-documents/Climate-Bonds-Entity-Certification-Guide.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Climate Bonds Guide to Certification ENTITIES |date=2023 |url=https://www.climatebonds.net/files/documents/supporting-documents/Climate-Bonds-Entity-Certification-Guide.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2023climate, author = {{Climate Bonds Initiative}}, title = {{Climate Bonds Guide to Certification ENTITIES}}, institution = {Climate Bonds Initiative}, year = {2023}, url = {https://www.climatebonds.net/files/documents/supporting-documents/Climate-Bonds-Entity-Certification-Guide.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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