Paris-alignment methodologies for banks: reality or illusion?

This report aims to establish best practice recommendations for Paris-alignment of bank portfolios, based on a review of two major open-source frameworks and one methodology developed in-house: The Science Based Targets initiative (SBTi), The Paris Agreement Capital Transition Assessment (PACTA), and Barclays’ BlueTrack. Recommendations are intended for banks or investors engaging with banks on their climate strategies.