Financial System Benchmark
The Financial System Benchmark measures and ranks the 400 most influential financial institutions on their contribution to a just and sustainable economy.
Aim
The aim of WBA’s financial system transformation is to ensure that the financial system contributes to a more sustainable allocation of resources, and a more accurate representation of risks and opportunities, in line with planetary boundaries and societal conventions. The Financial System Benchmark assesses and ranks the 400 most influential financial institutions on their contribution to global goals, such as the SDGS and the Paris Agreement. As such, it will identify actions that the financial institutions can take to contribute to sustainability and act as a global accountability mechanism.
2022 Financial System Benchmark
See results
The Methodology for the 2024 Financial System Benchmark
Read more about "The Methodology for the 2024 Financial System Benchmark"
Milestones
The benchmark assesses 400 leading financial institutions on their contribution to the 2030 Agenda. During 2024, data collection, verification, and analysis of the 400 financial institutions in scope will take place, with the launch of the second iteration due in January 2025.
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Methodology report
December 2021
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Baseline benchmark publication
November 2022
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Updated methodology
March 2024
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Second benchmark publication
January 2025
Expert Review Committee
The Financial System Benchmark is developed in close collaboration with an Expert Review Committee (ERC), whose members support the core team with their expertise and experience.
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Dr Anthony Miller
Economic Affairs Officer, UNCTAD
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Benjamin Michel
Sustainable Finance Lead, Responsible Business Conduct Centre, OECD
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Careen Abb
Positive Impact Finance, Programme Lead, UN Environment Programme’s Finance Initiative
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Cary Krosinsky
Author, Advisor, Lecturer, Yale University and Brown University
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Claire Dugan
Senior Manager of Standards (financial services sectors), Global Reporting Initiative (GRI)
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Dr Freshia Mugo-Waweru
Board of Directors, Capital Markets Authority Board Kenya; Senior Lecturer, Strathmore University Business School
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Jean-Francois Gagnon
Engagement Partner, Ernst & Young
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Jonathon Hanks
Co-Founder & Partner, Incite
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René van Merrienboer
Director of Sustainable Markets, Principles for Responsible Investment (PRI)
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Shankar Venkateswaran
Co-Founder & Managing Partner–Sustainability Integration, ECube Investment Advisors Pvt. Ltd.
Get involved
As we build our work, we continue to engage with stakeholders across the globe through targeted communications with key organisations and representatives. Get in touch to know more.
