WBA Financial System Benchmark

Last updated: 2023

The Financial System Benchmark assesses and ranks the 400 most influential financial institutions on their contribution to global goals, such as the SDGs and the Paris Agreement. As such, it acts as a global accountability mechanism.

Use this resource for the following Actions of Impact Management:

  • Benchmarking and rating: Identify areas where it is possible to influence financial system transformation, and to integrate the findings on risks and impacts into relevant internal functions and processes.

TNFD Disclosure Recommendations

Last updated: 2023

The TNFD Disclosure Recommendations provide companies and financial institutions of all sizes with a risk management and disclosure framework to identify, assess, manage and, where appropriate, disclose nature-related issues.

Use this resource for the following Actions of Impact Management:

  • Communicate: Ensure consistency of language, structure and approach with both the Task Force on Climate- related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB), to enable integrated climate- and nature-related reporting.

Guidance on the identification and assessment of nature-related issues: The LEAP approach

Last updated: 2023

This guidance outlines how to to identify, assess, manage and disclose nature-related issues through the ‘LEAP’ approach (Locate, Evaluate, Assess, and Prepare). It is designed for use by organisations of all sizes, and across all sectors and geographies..

Use this resource for the following Actions of Impact Management:

  • Identify: Understand an organisation’s potentially material sources of nature-related dependencies, impacts, risks and opportunities.
  • Measure, assess and value: Understand which nature-related risks and opportunities are material and should be disclosed by the organisation. This is done through the identification, measurement and prioritisation of nature-related risks and opportunities originating from the identified dependencies and impacts on nature (see Identify above).
  • Set targets and plan: Help achieve a particular corporate goal aligned with the organisation’s mission and values (such as aligning with the targets and goals of the Kunming-Montreal Global Biodiversity Framework (GBF)).

Indicator Library

Last updated: 2023

The Indicator Library builds on the Impact Radar and the Sector-Impact Map to provide a compilation of impact-related indicators and metrics.

Use this resource to:

  • Measure, assess and value: To find relevant indicators and metrics for impact measurement and assessment

Principles of Corporate Governance

Last updated: 2023

The G20/OECD Principles of Corporate Governance are the international standard for corporate governance. They help policymakers evaluate and improve the legal, regulatory and institutional framework for corporate governance, with a view to supporting economic efficiency, sustainable growth and financial stability.

Use this resource for the following Actions of Impact Management:

  • Governance: Evaluate and improve the legal, regulatory and institutional framework for corporate governance, with a view to supporting economic efficiency, sustainable growth and financial stability.

Sustainability Performance Classification (ABC of Enterprise Impact)

Last updated: 2023

The ‘ABC’ of impact provides a way to connect these high-level intentions – which are what most enterprises and investors start with – to the more granular dimensions of impact and data categories, which help to measure and manage impact.

Use this resource to:

  • Connect high-level intentions – which are what most enterprises and investors start with – to the more granular dimensions of impact and data categories, which help to measure and manage impact.

Corporate Impact Analysis Tool

Last updated: 2023

The Corporate Impact Analysis Tool helps banks and investors understand the actual and potential impacts of their clients and investee companies, as part of their impact management strategy and processes.

Use this resource for the following Actions of Impact Management:

  • Implement: Banks and investors can use the Tool’s findings to carry out portfolio management and client engagement. Additionally, the Tool can be used by enterprises themselves to integrate impact management into their own strategic planning and business development practices.

Portfolio Impact Analysis Tool for Banks

Last updated: 2023

This tool is designed to help banks and investors holistically understand and manage the actual and potential impacts of their portfolios.

Use this resource for the following Actions of Impact Management:

  • Identify: Understand the impact areas and topics associated with a bank’s portfolio, based on portfolio composition and context; and identify the bank’s most significant impact areas.
  • Measure, assess and value: Assess current practice and performance vis-à-vis most significant impact areas, by combining the tool’s ‘Identification’ outputs with additional data; use the assessment as a basis for target-setting and defining the bank’s action plan.
  • Set targets and plan: Define relevant and meaningful targets and action plans.
  • Implement: Inform and carry out impact management process.
  • Monitor, learn and adapt: Monitor practice and performance; and use the assessment to make improvements and adjust targets.