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Climate AIR Toolbox
As more financial institutions make net-zero commitments, there is a growing need for tools and frameworks to measure and manage an institution’s environmental footprint and evaluate progress against climate goals.
This ‘Climate AIR toolbox’ helps financial institutions identify and access the different types of tools, frameworks, and platforms available to measure and report their climate-related Alignment, Impact, and/or Risk.
For more information, click here.
Alignment
Alignment refers to the extent to which financial portfolios and the activities financed are consistent with the transition required to achieve defined climate goals.
Impact
Impact refers to the influence that financial institutions have on real-economy decarbonization.
Risk
Risk refers to the potential negative impacts of climate change on financial institutions and the activities financed by financial institutions. Climate-related risk can manifest in portfolios via physical and transition risk.
Filters
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2 Degrees of Separation
Alignment
Impact
Risk
Carbon, Tracker, Carbon Tracker, 2 Degrees, Separation, PRI
ACT Methodology
Alignment
Impact
Risk
ACT, CDP, Ademe, Assessing low-carbon transition
Arabesque S-Ray Temperature Score (Arabesque S-Ray)
Alignment
Impact
Risk
Arabesque, S-Ray, Temperature, Score
Carbon4 Finance - Biodiversity Impact Analytics powered by GBS (Carbon4 BIA)
Alignment
Impact
Risk
Carbon4, Finance, Biodiversity, Impact, Analytic, GBS, BIA, Carbone4, Consulting
Carbon4 Finance - Carbon Impact Analytics (Carbon4 CIA)
Alignment
Impact
Risk
Carbon4, Finance, Carbon, Impact, Analytics, CIA, Carbone4, Consulting
Carbon4 Finance - Climate Risk Impact Screening (Carbon4 CRIS)
Alignment
Impact
Risk
Carbon4, Finance, Climate, Risk, Impact, Screening, CRIS, Carbone4, Consulting
CDP Reporting Framework for Financial Institutions
Alignment
Impact
Risk
CDP, Carbon, Disclosure, Project, Reporting, Framework
CDP-WWF Temperature Rating
Alignment
Impact
Risk
CDP, WWF, Temperature, Rating, Carbon, Disclosure, Project
Center for Climate-Aligned Finance (CCAF)
Alignment
Impact
Risk
Center, for, Climate-Aligned, Finance, RMI, Rocky, Mountain, Institute, CCAF
Climate Impact Management System for Financial Institutions (CIMS)
Alignment
Impact
Risk
2 Degrees, Investing, Initiative, 2DII, Climate, Impact, Management, System, Financial, Institutions, CIMS, Ademe
ClimateWise Transition Risk Framework
Alignment
Impact
Risk
ClimateWise, Transition, Risk, Framework, University of Cambridge
Carbon Risk Real Estate Monitor (CRREM)
Alignment
Impact
Risk
Carbon, Risk, Real, Estate, Monitor, CRREM
Conning Climate Risk Analyzer™
Alignment
Impact
Risk
Conning, Climate Risk Analyzer
Entelligent - Corporate Bonds (CB) Risk
Alignment
Impact
Risk
Entelligent, Corporate Bonds, CB Risk
Entelligent - Smart Climate® E-Score®
Alignment
Impact
Risk
Entelligent, Smart Climate E-Score
Entelligent - T-Risk
Alignment
Impact
Risk
Entelligent, T Risk, T-Risk
FinanceMap
Alignment
Impact
Risk
FinanceMap, InfluenceMap, 2DII, 2 Degrees, Investing, Initiative
Glasgow Financial Alliance for Net Zero (GFANZ, NZAOA, NZAMi, NZBA, NZIA)
Alignment
Impact
Risk
Glasgow, Financial, Alliance, Net, Zero, GFANZ, NZAOA, NZAMi, NZBA, Banking, Alliance, Asset, Managers, Initiative, Asset, Owners, Alliance
Guidelines for Target Setting for Banks
Alignment
Impact
Risk
Guidelines, Target, Setting, Banks, UNEP FI, UNEP
Impact Management Project (IMP)
Alignment
Impact
Risk
Impact, Management, Project, IMP
IRIS + Impact Measurement
Alignment
Impact
Risk
IRIS+, Impact, GIIN, Global Impact Investing Network
ISS ESG Climate Scenario Analysis
Alignment
Impact
Risk
ISS, ESG, Climate, Scenario, Analysis, Institutional, Shareholder, Services
Moody's Physical Climate Risk for Sovereigns and Sub-sovereigns
Alignment
Impact
Risk
Moody's, Physical Climate Risk for Sovereigns and Sub-sovereigns
Moody's Climate-Adjusted Expected Default Frequency
Alignment
Impact
Risk
Moody's, Climate-Adjusted Expected Default Frequency
Moody's Regulatory Solutions
Alignment
Impact
Risk
Moody's, Regulatory Solutions
MSCI Climate Lab Enterprise
Alignment
Impact
Risk
MCSI, Climate Lab Enterprise
MSCI Climate Risk Portfolio Level Reporting Tool
Alignment
Impact
Risk
MSCI, Climate Risk Portfolio Level Reporting Tool, Climate Risk
MSCI Climate Value at Risk (Climate VAR)
Alignment
Impact
Risk
MSCI, Climate, VaR, Value at Risk
MSCI Implied Temperature Rise
Alignment
Impact
Risk
MSCI, Implied, Temperature, Rise, ITR
Net Zero Investment Framework (NZIF)
Alignment
Impact
Risk
Net, Zero, Investment, Framework, IIGCC, PAII Institutional, Investors, Group, Climate, Change, NZIF, AIGCC, Ceres, IGCC
NZAOA 2025 Target Setting Protocol
Alignment
Impact
Risk
Inagural, 2025, Target, Setting, Protocol, NZAOA, Net, Zero, Asset, Owner, Alliance, UN, Target, Setting, Protocol, WWF, Global, Optimism
OS Climate - Portfolio Alignment (ITR) Tool
Alignment
Impact
Risk
OS-Climate Portfolio Alignment Tool, Implied Temperature Rise, ITR, OS Climate, OS-Climate
OS Climate - Physical Risk Tool
Alignment
Impact
Risk
OS-Climate Physical Risk & Resilience Tool, OS-Climate, OS Climate
OS Climate - Transition Risk Tool
Alignment
Impact
Risk
OS-Climate Transition Analysis Tool, OS-Climate, OS Climate, Airbus, Redhat
Paris Agreement Capital Transition Assessment (PACTA)
Alignment
Impact
Risk
Paris, Agreement, Capital, Transition, Assessment, PACTA, 2DII, 2 Degrees, Investing, Initiative, Asset, Resolution
Paris Aligned Investment Initiative (PAII)
Alignment
Impact
Risk
PAII, Paris, Aligned, Investment, Initiative
Partnership for Carbon Accounting Financials (PCAF)
Alignment
Impact
Risk
Partnership, Carbon, Accounting, Financials, PCAF, Carbon, Accounting
ResCentric Real Asset Climate Risk Analysis Tool
Alignment
Impact
Risk
Rescentric, Rescentric real asset climate risk analysis tool, munichre, Fraunhofer EMI
S&P Climate Credit Analytics (CCA)
Alignment
Impact
Risk
S&P, Climate, Credit, Analytics, Standard, Poors, CCA
S&P Trucost Paris Alignment Data
Alignment
Impact
Risk
S&P, Standard, Poors, Trucost, Paris, Alignment, Data
Science-Based Targets Initiative Financial Sector (SBTi FI) Science-Based Targets Guidance
Alignment
Impact
Risk
SBTi, Science, Based, Targets, Initiative, Financial, Sector, SBTi FI, Guidance
Sectoral Decarbonization Approach (SDA)
Alignment
Impact
Risk
Sectoral, Decarbonization, Approach, SDA
Task Force on Climate-related Financial Disclosures (TCFD)
Alignment
Impact
Risk
TCFD, Task, Force, Climate, Related, Financial, Disclosure
The Poseidon Principles
Alignment
Impact
Risk
Poseidon, Principles, RMI, MPP, Rocky, Mountain, Institute
Transition Pathways Initiative (TPI)
Alignment
Impact
Risk
Transition, Pathway, Initiative, TPI, LSE, FTSE, Russell
Utility Transition Hub
Alignment
Impact
Risk
Utility, Transition, Hub, UTI, RMI, Rocky, Mountain, Institute
Transition Plan Guidance
Alignment
Impact
Risk
GFANZ, Glasgow Financial Alliance for Net Zero, transition plan, framework, transition risk, guidance
Oil Climate Index Plus Gas (OCI+)
Alignment
Impact
Risk
emissions, emissions intensity, climate footprint, oil, gas, fossil fuel, model, climate alignment, methane, carbon tax, risk management
Ortec Finance ClimateALIGN
Alignment
Impact
Risk
Alignment, Portfolio alignment, asset class, temperature score, ITR, implied temperature score, net zero
Ortec Finance ClimateMAPS
Alignment
Impact
Risk
modeling, climate impact, transition risk, physical risk, policy risk, stress test, scenario analysis, systemic risk, climate risk
Ortec Finance ClimatePREDICT
Alignment
Impact
Risk
Ortec, Climate Scenarios, Scenario Analysis, Impact, climate risk, risk, risk management
Planetrics PlanetView
Alignment
Impact
Risk
scenario analysis, stress testing, climate impact, physical risk, transition risk, climate model, financial risk, disclosure, reporting, ITR, implied temperature rise, data, Planetrics, McKinsey, PlanetView, Planetrics Stress Testing Tool
S&P Global Climanomics
Alignment
Impact
Risk
climate risk, analytics, physical risk, climate scenario, IPCC, assets, risk management
Sustainable Steel Principles
Alignment
Impact
Risk
disclosure, climate alignment, climate aligned finance, steel, sector, decarbonization, pathway, Net Zero Banking Alliance, NZBA, lending, climate target
This is not an exhaustive list of all tools and resources available to financial institutions on their climate journeys. We will periodically update our toolbox to reflect the ongoing development of available tools and resources. If you have a tool or resource you would like to be featured on this website, please inquire about a submission using this link