Environmental footprints

From a climate perspective, the indicators refer to the Paris agreement´s central aim to strengthen the global response to the threat of climate change by keeping a global temperature rise this century well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5°C, as well as the more recent scientific underpinning of the importance of not risking an increase above 1.5°C.
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Though keeping within 1.5°C seems increasingly challenging, the importance prevails, and so is the importance of the climate mitigation and emission reduction scenarios associated with it. For this reason, to score against the indicators on climate in this benchmark, it would not be sufficient to refer to the Paris agreement or alignment with 2°C but financial institutions are expected to align with the 1.5°C ambition.