Financial System Benchmark: Draft Methodology Consultations 2021

From late June to early August, WBA’s draft methodology for its Financial System Benchmark will be open for public consultation.  

The methodology outlines the proposed measurement areas, indicators, and weighting approach for the benchmark. Inputs received throughout the consultation phase will be incorporated into the final methodology released later this year, which will be used to assess the 400 financial institutions in scope of the benchmark. 

In addition to written feedback, WBA will be hosting a series of virtual roundtables throughout the month of July to solicit inputs on the draft methodology. Please see the roundtable schedule below and register directly using the links provided. 

Note that each week’s roundtable is open to all and will be held twice to accommodate time zones. You can join as many as you wish. 

Roundtable 1: Governance & Strategy  

This roundtable will address the first measurement area on Governance & Strategy, which covers operating sustainably and acting ethically. Note that we will only cover the “operating sustainably” indicators in this session. We will cover the “acting ethically” indicators in consultation #3.   

  • US & Europe: Tuesday, 6 July, 16:00 – 17:30 CET. Register here. 
  • Europe & Asia: Thursday, 8 July, 9:00 – 10:30 CET. Register here. 

Roundtable 2: Respecting Planetary Boundaries 

This roundtable will address the second measurement area on Respecting Planetary Boundaries, which covers alignment with the Paris Agreement and conservation & restoration of nature and biodiversity.  

  • US & Europe: Tuesday, 13 July, 16:00 – 17:30 CET. Register here. 
  • Europe & Asia: Thursday, 15 July, 9:00 – 10:30 CET. Register here. 

Roundtable 3: Adhering to Societal Conventions 

This roundtable will address the third measurement area on Adhering to Societal Conventions, which covers respecting human rights and providing & promoting decent work. Note that we will also cover the “acting ethically” indicators from the Governance & Strategy measurement area during this session.  

  • US & Europe: Tuesday, 20 July, 16:00 – 17:30 CET. Register here. 
  • Europe & Asia: Thursday, 22 July, 9:00 – 10:30 CET. Register here.

For any questions on the draft consultation process, please reach out info.financial@worldbenchmarkingalliance.org 

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