The LSFI is pleased to release the outcome report of the the LSFI Working Group on Climate Measurement and Reporting.
This document provides an overview of the work conducted by the working group in the past months, which aimed to identify climate-related tools and methodologies that the Luxembourg financial sector could use to support its journey to net zero.
Through their work, the working group defined six key steps financial institutions need to follow to reach net zero and assessed key tools and methodologies to be used by them in their decarbonisation journey. In particular, the working group examined 5 tools and methodologies, looking at their use, functionalities, and alignment with the current regulatory requirements.