Viser le net zéro : le besoin de repenser les objectifs de décarbonation des banques
Summary
Reclaim Finance analyzed the decarbonization targets of 30 major banks, finding that most targets are overly complex, opaque, and fail to create a direct link between goal achievement and actual emission reductions. The analysis highlights that targets based on 'financed' or 'facilitated' emissions are often influenced by company valuation fluctuations rather than climate action. The report recommends that fossil fuel targets be based on reducing funding, high-emission sectors use physical intensity metrics, and absolute emission targets avoid value-based attribution factors.
Key insights
- The decarbonization targets implemented by banks are characterized by unnecessary complexity and opacity, with most failing to establish a direct connection between the achievement of these goals and the actual reduction of corporate emissions.
- Out of 30 banks analyzed, 25 utilize 'financed' or 'facilitated' emissions for at least one target, particularly in the oil and gas sector; these metrics are susceptible to variations in company value that are unrelated to emission changes.
- The vast majority of target types used by banks are ineffective for driving decarbonization, with only two of the 13 types identified in the analysis of 30 banks likely to be effective.
Cite the original document
- APA
- Martin, L. (2024). Viser le net zéro : le besoin de repenser les objectifs de décarbonation des banques. Reclaim Finance. https://reclaimfinance.org/site/2024/09/19/viser-le-net-zero-le-besoin-de-repenser-les-objectifs-de-decarbonation-des-banques/
- Chicago
- Martin, Léo. Viser le net zéro : le besoin de repenser les objectifs de décarbonation des banques. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/09/19/viser-le-net-zero-le-besoin-de-repenser-les-objectifs-de-decarbonation-des-banques/.
- Wikipedia
- {{cite report |last1=Martin |first1=Léo |title=Viser le net zéro : le besoin de repenser les objectifs de décarbonation des banques |publisher=Reclaim Finance |date=19 September 2024 |url=https://reclaimfinance.org/site/2024/09/19/viser-le-net-zero-le-besoin-de-repenser-les-objectifs-de-decarbonation-des-banques/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{martin2024viser, author = {Martin, Léo}, title = {{Viser le net zéro : le besoin de repenser les objectifs de décarbonation des banques}}, institution = {Reclaim Finance}, year = {2024}, month = sep, url = {https://reclaimfinance.org/site/2024/09/19/viser-le-net-zero-le-besoin-de-repenser-les-objectifs-de-decarbonation-des-banques/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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