Financed Emissions Course

Accounting for Financed Emissions Course

Who is it for?

What does the financed emissions course cover?

Module 1: Introduction to Financed Emissions

• An introduction to Financed Emissions

• An introduction to Financed Emissions

• Outline the different asset classes that are part of financed emissions accounting

• Partnership for Carbon Accounting Financials - Financed Emissions Standard

• GHG Protocol Scope 3 Guidance - Chapter 15: Investments

• The Time for Green Finance, Carbon Disclosure Project (2020)

• What are Financed Emissions?

• Importance of measuring Financial Emissions

• What is PCAF?

• What is included in the Finance Emissions Standard?

• Determining the relevant asset class

• Differences from the GHG protocol

• The PCAF Approach to Data Quality

• Quiz

Module 2: Accounting for Equity and Debt Investments

• Understand what equity and debt investments include

• Understand how to calculate an attribution factor

• Calculate emissions due to equity and debt emissions

• PCAF Financed Emissions Standard

• TCFD Metrics and Targets Guidance

• IFRS Sustainability Standards

• What are equity or debt investments?

• Which scopes are covered?

• Attribution of emissions

• Calculating financed emissions

• Worked Example

• Quiz

Module 3: Accounting for Project Financing

• Understand what project financing includes

• Calculate emissions from project financing

• Understand avoided emissions

• PCAF Financed Emissions Standard

• CIP ESG Report 2022

• European Commission - Annex A: Methodology for calculation of GHG emission avoidance

• Methodological Approach for the Common Default Grid Emission Factor Dataset

• Financial Emissions - Accounting for Project Financing

• What is included under project financing?

• Avoided emissions and Carbon Removals

• Attribution and calculation of emissions

• Project Lifetime Emissions

• An Example

• Quiz

Module 4: Accounting for Other Financed Emissions

• Understand the Emissions From Commercial Real Estate

• Understand the Emissions From Mortgages

• Understand the Emissions From Motor Vehicle Loans

• Understand the Emissions From Sovereign Debt

• PCAF Financed Emissions Standard

• Bank of Australia Impact Report 2022 page 99 Mortgage and Commercial Loans Disclosure - example of a bank's current disclosure associated with finance emissions for some of the Asset Classes outlined in this module.

• Bendigo Bank Finance Emissions Methodology - example of a retail bank's disclosure relating to financed emissions.

• Bank of America TCFD 2022 - Example of a large retail bank and the specific industry focused financed emissions reporting.

• Financial Emissions - Accounting for other sources

• Intro to the remaining asset classes

• Commercial Real Estate

• Mortgages

• Motor Vehicle Loans

• Sovereign Debt

• Attribution and calculation of emissions

• Worked Example

• Quiz

Module 5: Reporting, Risk and the TCFD

• Understand the importance of Climate Reporting

• Introduction into the Task Force on Climate-Related Financial Disclosure

• Introduction into the other Reporting Frameworks and Initiatives

• Understand the additional reporting requirements under PCAF

• PCAF Financed Emissions Standard

• CDP and PCAF data quality alignment

• SBTI Financial Institution Guidance

• Financial Emissions - Reporting, Risk and the TCFD

• Risks - Why reporting matters

• The Task Force on Climate-Related Financial Disclosures (TCFD)

• How does PCAF fit in with other initiatives and frameworks?

• Additional PCAF Reporting Requirements

• Example: Weighted Average Data Quality

• Quiz