The International Climate Reporting Awards
Would you like to have a thorough feedback on your climate risk reporting? The fourth edition of the International Climate Reporting Awards (ICRA) are currently open for submissions. This award targets financial institutions worldwide and rewards the best climate reporting practices both in terms of exposure to climate risk and contribution to the climate goals.
ICRA is jointly organised by the non-profit think tank, 2° Investing Initiative (2DII), the French Agency for Ecological Transition (ADEME), and the Ministry of Ecological Transition (CGDD).
OBJECTIVES
The Awards aim to recognize financial institutions that integrate climate-related considerations into their reporting and business practices, notably:
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To increase awareness and promote best practices and innovation in climate reporting and disclosures
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To highlight ongoing progress in reporting, build capacity, share expertise and identify remaining challenges
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To provide the opportunity for applicants to receive detailed feedback on their current reporting
All financial institutions around the world are eligible, including asset managers, asset owners, insurances and banks, as well as development banks and central banks.
KEY DATES
- Applications are currently open and the deadline for submission is July 31st:
- August-September: Review of applications
- September-October: Jury deliberation meetings
- End of October: Awards Ceremony will take place during the Paris for Tomorrow week
THE 2021 STEERING COMMITTEE MEMBERS
The Steering Committee oversees the governance of the Climate Awards and this year is composed of Principles for Responsible Investment, Eurosif – The European Sustainable Investment Forum, Finance for Tomorrow, World Benchmarking Alliance, (CGDD), ADEME, 2° Investing Initiative and the Luxembourg Sustainable Finance Initiative.
MEMBERS OF THE 2021 JURY
The Jury is currently being constituted. It will be composed of representatives of various European and International institutions, financial supervisory authorities (the Luxembourg’s CSSF will be part of the Jury this year) and Universities.
APPLICATION PROCESS
There are two ways to apply, depending on the candidates’ home country:
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For French financial institutions/entities: you can submit your candidacy through the Climate Transparency Hub platform
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For International financial institutions: the English version of the evaluation criteria as well as the application form are available here. Please send the file and supporting documents to contact@climatereportingawards.org by July 31st, 2021.
In order to apply, you will need to fill the application form by indicating either page and paragraph numbers or quotes containing the required information.
Either the whole entity, or part of the organisation/group (e.g. French entity of the group) can apply.
Would you like to further deep dive into climate related risks and the ICRA?
Thibaut Ghirardi, General Manager of 2DII France
Access Thibaut Ghirardi ’s interview, General Manager of 2DII France, where he analyses climate-related risks, why it is relevant for financial institutions to disclose them and how its disclosure impacts environmental challenges such as global warming.
