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Sept. 30, 2024
SBTi's public consultation on its new ‘Financial Institutions Net-Zero’ (FINZ) Standard
The Observatoire sends SBTi its response to the public consultation on the new ‘FINZ’ standard for monitoring the net-zero 2050 objectives of financial institutions.
The Observatory sends its response to SBTi
The Observatory welcomes the major improvements that this Standard represents in comparison with its predecessor, the ‘Financial Institutions Near-Term Criteria’, and proposes a number of recommendations to support its ambition, notably on: policies relating to fossil fuels, the development needs of countries in the South, the definition of companies and activities known as ‘in transition’, the phased approach adopted by SBTi and agriculture, which is insufficiently taken into account by the Standard.
