EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.
At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.
Global financial institutions' portfolio emissions dwarf direct emissions by a staggering 700x.
as unveiled by CDP
Our tool is fully equipped to assist you in addressing disclosures of financed GHG emissions as published by the EBA and other relevant regulations:
EBA Pillar III disclosures
on ESG risk
IFRS S1 General requirements for disclosure of sustainability
CRD VI & CRR III
Upload your data and let our cutting-edge technology handle the intricate calculations for your financed GHG emissions. As a result, you'll receive precise insights into the makeup of your portfolio – whether it involves mortgages, loans, or other financial products – as well as its ties to sectors such as agriculture and industry, or specific geographic regions.
These insights will offer you a clear understanding of how your clients contribute to your financed GHG emissions. What's more, you'll have the capability to establish tangible objectives for curbing your carbon footprint.
Our technology goes even further by forecasting the progression of your goals as your investment portfolio expands. This proactive approach will enhance your adaptability, enabling you to effectively respond to forthcoming legislative initiatives aimed at reducing emissions linked to your investments.
EY's cutting-edge solution to help you measure, report and analyze your financed GHG emissions.
Identify key emission sectors and assess climate-related risks to form comprehensive ESG strategies. Ensure transparency and accountability by embracing Task Force on Climate-related Financial Disclosures (TCFD) guidelines, establishing science-based targets, and engaging stakeholders through purposeful reporting.
Join the global group of banks, representing over 40% of global banking assets, committed to aligning their lending and investment portfolios with net zero emissions by 2050. These banks set science-based intermediate targets for 2030 or earlier, driving progress towards ambitious climate goals.
Strengthen your bank's position by proactively preparing for anticipated regulations, such as Pillar III disclosures and the subsequent regulatory framework. By aligning with current regulatory requirements, you'll build a resilient portfolio for the long-term.
Leverage our team of specialists who understand the unique challenges faced by banks, including credit risk and adapting to the latest regulatory requirements. Our tailored solutions enable you to effectively measure and manage financed emissions.
Granular GHG emissions analytics at client and portfolio level
PowerBI interactive visualization
Target setting and scenario analysis
Key components of the engine
The carbon footprint engine for banks comes with various implementation choices, requires only minimal data quality, and can be swiftly put into action.
Bank provides client level data in defined structure (exposure data, financials, real estate information, vehicle details).
Companies’ emissions and financial data ready to use sourcing templates for Refinitiv and Bloomberg.
We actively connect multiple external data sources for GHG emission intensities and industry relevant emission drivers.
Built-in data quality testing and profiling ensures overall reliability.
Robust calculation platform with modular architecture
Two implementation options, SAS platform or low-code EY Business Process Management (BPM) platform
All PCAF product segments incorporated
Multiple estimation approaches within each segment to reflect bank’s internal data availability
Scope 1, 2 and 3 financed GHG emissions at a client level
Automated regulatory reporting (EBA disclosures)
PowerBI visualization dashboard to identify high emission segments and clients
Scenarios builder for 2030 and 2050 CO2 commitments