The SBTi-Finance project enables financial institutions to set targets for their investment and lending portfolios that are aligned with the reductions needed to stay in line with well-below 2°C and 1.5°C climate scenarios. The goal of the initiative is to make science-based target setting standard practice and for these targets to result in emissions reductions in the real economy. SBTi-Finance intends to raise the ambition of the finance sector by defining and promoting best practice in science-based target setting and providing methods, criteria, guidance and tools to reduce the barriers to adoption and implementation (i.e. actions that lead to atmospheric reductions of GHG concentrations). Within the broad ecosystem of organizations and value chains that link financial institutions with GHG emissions in the real economy, SBTi-Finance is focused on ex ante targets at the asset class level. Further information

PCAF is a global partnership of financial institutions that work together to develop and implement a standardized approach to measure and disclose the greenhouse gas (GHG) emissions associated with loans and investments (i.e., financed emissions). Currently, close to 100 banks and investors from Africa, Asia Pacific, Europe, Latin America and North America have subscribed to the PCAF initiative. PCAF institutions work together to jointly develop the Global GHG Accounting and Reporting Standard for the Financial Industry to measure and disclose financed emissions. By doing so, PCAF institutions take an important step to assess climate-related risks and opportunities, set targets in line with Paris Climate Agreement and develop effective strategies to decarbonize our society. Further information

Convergence is the global network for blended finance, and generates blended finance data, intelligence, and deal flow to increase private sector investment in developing countries. Our global membership includes public, private, and philanthropic investors as well as sponsors of transactions and funds. We offer this community a curated, online platform to connect with each other on blended finance transactions in progress, as well as exclusive access to tailored trainings and original knowledge products such as case studies and reports. To accelerate advances in the field, Convergence also provides grants for the design of blended finance solutions that could attract private capital to global development at scale. Further information

The  Anthropocene Fixed Income Institute (AFII) is a global non-profit institute with the aim to empower the fixed income markets to drive the climate transition. AFII takes a market-based approach, offering forward thinking research and technical resources that will lead to climate positive portfolio strategies. The organization strives to integrate conclusions of its research into the investment decisions by asset owners and also conducts outreach to help increase the knowledge and understanding of the key role fixed income can play in achieving positive climate impacts. Further information



The Swiss Insurance Association represents the interests of the private insurance industry at the national and international level. The association comprises around 70 primary insurers and reinsurers employing a workforce of 49,900 people in Switzerland. Overall, the member companies of the SIA account for about 85 per cent of insurance premiums generated in the Swiss market. Further information

The French Insurance Federation (FFA, Fédération Française de l’Assurance) brings together 260 insurance and reinsurance companies representing 99% of the market. Its mission is to represent the industry’s interests vis-à-vis the  public  authorities  and  various  partners,  in  France  and  abroad.  The FFA centralizes statistical  data   and  ensures  that  information  is  disseminated  to  partners  and  the media. It also organizes prevention and training actions. Further information 

VBDO is the Dutch Association of Investors for Sustainable Development. Since its inception in 1995, VBDO’s mission is to create a sustainable capital market. VBDO’s vision: sustainable investment is mainstream.  VBDO encourages financial institutions and listed companies to perform better in the area of sustainable investment and to make their own business operations more sustainable. It does this in a number of ways, including through benchmarking and by running surveys. Engagement is an important tool in moving towards a more sustainable capital market so, every year, representatives from VBDO attend shareholders’ meetings to ask questions about specific sustainability themes. Further information

The Berlin-based German Insurance Association (GDV) is the federation of private insurers in Germany. Its about 460 member companies offer comprehensive coverage and retirement provisions to private house-holds, trade, industry and public institutions, through almost 446 million insurance contracts. Further information

The Intentional Endowments Network is a non-profit, peer-learning network advancing intentionally designed endowments – those that seek to enhance financial performance by making investments that advance an equitable, low carbon, and regenerative economy. Working closely with leading organizations, the network engages leaders and key stakeholders from higher education, foundations, business, and nonprofits. It provides opportunities for learning and education, peer networking, convening, thought leadership and information exchange around a variety of strategies (e.g., ESG integration, impact investing, and shareholder engagement). Further information

Insurance Europe is the European insurance and reinsurance federation. Through its 37 member bodies — the national insurance associations — it represents insurance and reinsurance undertakings that pay out almost €1,000bn annually (or €2.7bn a day) in claims and benefits, directly employ nearly 950,000 people and invest over €10.4trn in the economy. Furthermore, based in Brussels, Insurance Europe, works to ensure regulation supports insurers’ dual role of mitigating unforeseen events and investing in sustainable economic development. Further information

Accounting for Sustainability (A4S) was established by HRH The Prince of Wales in 2004: “to help ensure that we are not battling to meet 21st century challenges with, at best, 20th century decision making and reporting systems.” A4S’s aim is to transform finance to make sustainable decision making, business as usual. They do this by: inspiring finance leaders to adopt sustainable and resilient business models; transforming financial decision to enable an integrated approach; and scaling up action across the global finance and accounting community. Further information

Legal Advice


Freshfields helps the world’s leading international organisations solve their most complex legal challenges wherever they arise. As part of the firm’s ambition to support its clients in their transition to a more sustainable future, it advises the Alliance on antitrust and corporate law issues on a pro bono basis. Further information