Our latest analysis of 400 of the world’s most influential financial institutions (covering banks, insurance companies, asset managers, asset owners including development finance institutions) shows that the global financial system is beginning to build the architecture for transition planning, but capital allocation and fossil fuel phase-out remain far behind what is required for an orderly and resilient economic transition.
The latest iteration of the Financial System Benchmark assessed 400 influential banks, insurers, asset managers and asset owners globally – including sovereign wealth funds, pension funds and development finance institutions. Published in January 2025, the assessment covered key sustainability areas in governance, climate, nature and social issues.
The 400 financial institutions in scope of the benchmark were assessed using the Methodology for the 2025 Financial System Benchmark. This methodology includes 39 indicators across five distinct measurement areas: Strategy, governance and stewardship, Financing climate and nature protection and restoration, Environmental footprints, Inclusive finance and Responsible business conduct.
The development of the methodology and its indicators was informed by extensive stakeholder consultations and aligns with existing frameworks, benchmarks and accountability mechanisms.
Explore the 2025 data set, containing information on the scores of each of financial institutions, also at an indicator and element level.