prEN ISO 14097

Scope

This document specifies a general framework, including principles, requirements and guidance for assessing and reporting investments and financing activities related to climate change. The assessment of these interactions includes the following items: • The impacts of the investment decisions on GHG emissions trends in the real economy. • The compatibility of investment and financing decisions with low carbon transition pathways and climate goals; • The risk on financial value for owners of financial assets (e.g. private equities, listed stocks, bonds, loans) arising from climate goals or climate policies; This standard provides guidance on how to determine benchmarks for low carbon transition pathways and how to assess progress of investment portfolios and financing activities regarding such benchmarks. This standard provides guidance on how to set targets and determine metrics to be used for tracking progress related to low carbon transition pathways and climate goals. This standard describes climate finance actions contributing to the reduction of GHG emissions and climate goals and how to assess their impacts. The low carbon transition pathways in scope can include objectives related to both mitigation and adaptation, and potential other development goals. NOTE – refer to the Annex for an explanation of what is not in the scope of this NWIP