Network For Greening Financial System
The Network for Greening the Financial System (NGFS), headquartered in France, is a pivotal initiative aimed at enhancing the role of the financial sector in addressing climate change and environmental challenges. Founded in 2017, the NGFS has rapidly evolved, bringing together central banks and financial supervisors from around the globe to promote sustainable finance practices. Operating primarily in Europe, Asia, and the Americas, the NGFS focuses on integrating climate-related risks into financial stability frameworks. Its core services include providing guidance on climate risk management and fostering collaboration among financial institutions. The NGFS is recognised for its influential reports and frameworks that set benchmarks for sustainable finance, positioning it as a leader in the transition towards a greener economy.
DitchCarbon Score
How does Network For Greening Financial System's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Network For Greening Financial System's score of 26 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Network For Greening Financial System's reported carbon emissions
The Network for Greening the Financial System (NGFS), headquartered in France, currently does not have publicly available carbon emissions data or specific reduction targets. As such, there are no reported figures for their carbon emissions in kg CO2e, nor details on their commitments to reduce emissions across Scope 1, 2, or 3. While the absence of specific emissions data and reduction initiatives may suggest a need for further transparency, the NGFS is known for its role in promoting sustainable finance and encouraging financial institutions to integrate climate-related risks into their decision-making processes. The organisation's focus on fostering a greener financial system indicates a commitment to addressing climate change, although specific targets or achievements have not been disclosed.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Network For Greening Financial System is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
