Accounting for Risk

This briefing by the World Resources Institute provides guidance for financial institutions on creating and evaluating greenhouse gas (GHG) emissions inventories, drawing on the WRI/WBCSD Greenhouse Gas Protocol’s Corporate Accounting and Reporting Standard.

• The briefing aims to assist financial institutions in developing robust GHG inventories to facilitate the reduction of emissions and meet business imperatives, emphasizing that setting reduction targets and tracking progress are critical components of this process.
• To address the complexity of emissions from investments and services, the document suggests two specific accounting options: utilizing an equity share approach for proprietary investments and reporting relevant indirect emissions associated with debt, equity, and other financial contracts.
• Financial institutions are encouraged to align their inventory development with specific business objectives, including the management of reputational risks through environmental stewardship and the improvement of risk management for proprietary and managed investments to fulfill fiduciary duties.

APA

World Resources Institute (n.d.). Accounting for Risk. https://www.wri.org/research/accounting-risk

Chicago

World Resources Institute. Accounting for Risk. n.d. https://www.wri.org/research/accounting-risk.

Wikipedia

{{cite report |author=World Resources Institute |title=Accounting for Risk |url=https://www.wri.org/research/accounting-risk |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{worldresourcesinstitutendaccounting, author = {{World Resources Institute}}, title = {{Accounting for Risk}}, institution = {World Resources Institute}, url = {https://www.wri.org/research/accounting-risk}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }