Target Setting for Cement Portfolios – United Nations Environment Programme Finance Initiative

2022 marks 50 years of environmental action through UNEP, 30 years of
We lost a dear UNEP FI colleague recently, Richard Hansen, our web
We lost a dear UNEP FI colleague recently, Richard Hansen, our web
UNEP FI has launched an ESRS Interoperability Package which helps banks
Leading responsible banks are transforming the finance sector through four
About Launched at the 2012 UN Conference on Sustainable Development,
The insurance industry’s core business is to understand, manage and
With this release, the Net-Zero Asset Owner Alliance has published four
Set on tackling the Scope 3 or ‘hidden’ emissions, the Net-Zero Asset
Net-zero can only be achieved through systemic change. It is time to move
The UNEP FI Climate Pathways Navigator is a unique tool that gives
Impact management explained, step by step! The Impact Protocol provides a
UNEP FI has launched the new and enhanced Interlinkages Mapping and the
The Challenge The natural world – our forests, soils, land and ocean and
Welcome to the Sustainable Blue Economy Finance Initiative, a UN-convened
Geneva, 19 April 2024 – One hundred and sixty financial institutions and
The Sustainability Risk Tool Dashboard is designed to help financial
POPULAR CONTENT
19 December 2023Banking, Climate Change, Impact Centre, Insurance, Investment, Nature, News, Policy, Pollution & Circular Economy, Social
18 November 2012News
19 December 2023Climate Change, News
May 2026 | Banking, Climate Change, Net Zero Banking, Publications
This report provides an overview of how financial institutions are developing decarbonization targets for cement, a hard-to-abate sector.
It sets out key methodological choices for banks, including the use of physical emission intensity metrics, definitions of emissions scope and approaches to portfolio coverage and data quality. It reflects current industry practices, where most banks rely on portfolio-weighted average intensity and convergence-based targets to assess alignment, while navigating data gaps and inconsistencies in corporate disclosure.
The report also highlights key transition levers, such as clinker substitution, alternative fuels, operational efficiency, and carbon capture, utilisation and storage. It is intended to support banks in refining practical, decision-useful transition strategies for supporting their clients’ transition in the cement sector.
United Nations Environment Programme – Finance Initiative

source