Definition
Greenhouse gas (GHG) emissions associated with financial activities, such as loans, investments, and bond issuances.
Further information
Specifically, these are the indirect emissions resulting from the financial activities of banks, insurance companies, and other sector actors as a consequence of their financial dealings with counterparties (e.g., financing GHG-emitting companies).
Related concepts
References
Legal frame
- Comission Delegated Regulation (UE) 2023/2772 - European Sustainability Reporting Standards (ESRS).
- Directive (UE) 2022/2464 - Corporate Sustainability Reporting Directive (CSRD).
Update date: May 2025
