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Lead the Charge: Achieving Science-Based Targets for Financed Emissions
December 6, 2024
All Projects, Capacity Building, Carbon & Sustainability, Climate Change Adaptation & Mitigation, Financed Emissions, Scope 3, SBTi, GHG Accounting, Financial Institution
TEMBUSU Asia Consulting (TAC) is a proud consulting partner to one of Asia-Pacific's leading banks in their commitment to a sustainable future. TAC assisted the client in establishing a comprehensive greenhouse gas (GHG) emissions accounting inventory, encompassing all three scopes as outlined by the GHG Protocol and developed a decarbonisation roadmap.Â
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TAC commenced with an introductory training program on carbon accounting. After which TAC conducted a thorough Scope 3 screening exercise to identify the most significant indirect emissions categories within the bank's portfolio and identified financed emissions as a key category. The team facilitated the collection of GHG emissions data across Scopes 1, 2, and 3 within the bank's operations. Utilising the gathered data, TAC established a clear baseline for the bank's total GHG emissions. Leveraging expertise in Science Based Targets initiative (SBTi), TAC collaborated with the bank to craft a comprehensive decarbonisation roadmap across all emission scopes.Â
#GHG #FinancialInstitution #Bank #FinancedEmissions #GHGAccounting #Scope3 #SBTi #decarbonisation #SDG9 #SDG11Â