310+ Financial institutions - $ 80 + Trillion in total assets

Financial institutions taking action

Since 2015, PCAF members (i.e. commercial banks, development banks, asset owners/managers, insurance companies, etc.) have been actively collaborating to develop and implement greenhouse gas (GHG) accounting in their organizations.

All financial institutions have experienced great value in assessing and disclosing their GHG emissions of their loans and investments, as this triggers a institution-wide discussion on climate change and the role of the financial institution to facilitate the transition towards a low-carbon society.

Shaping the climate action journey for financial institutions

Infographic showing Scenario analysis, target setting, Climate action and reporting revolving around Measuring financed emissionsMeasuring the financed emissions of a portfolio is the foundation enabling financial institutions to perform scenario analysis, set targets, inform actions and disclose progress. These areas jointly are crucial for portfolio alignment and decarbonization.

PCAF developed the Strategic Framework for Paris Alignment to help financial institutions understand the process of Paris alignment and navigate through the cluster of climate initiatives to understand their purpose, focus, and role in each step of the journey. The Strategic Framework provides an overview of open, global and collaborative climate finance initiatives. Understanding this landscape will help financial institutions at different levels of progress to identify the most efficient support available to scale their climate efforts.

Download the Strategic Framework for Paris Alignment (PDF, 2.1 MB)

“Our experience in the Netherlands is that measuring and tracking climate impact drives concrete action and change. [...] PCAF helped us understand that our nearly 800,000 residential mortgages are one of the areas that have the highest carbon impact. With that knowledge, we now promote mortgages that incentivize customers to take energy efficiency measures. Climate action like that is not only good for business - but is a duty to our clients, the planet, and to future generations.”

Kees van Dijkhuizen, former CEO, ABN AMRO

Overview of financial institutions

The following 317 financial institutions have committed to measure and disclose the greenhouse gas emissions associated with their portfolio of loans and investments. Those with "Disclosed" status have reported their financed emissions in PDFs available in the "Download" column.

Financial institutionHeadquartersRegionCategoryTotal financial assets
in million $US (incl. lending and investments)
StatusDate joinedDate of first disclosureDate of most recent disclosureDownload
3 Bank*SerbiaEuropeCommercial bank 146 Disclosed20190301Mar, 201920210501May, 2021 20210501May, 2021 PDF symbol
ABN AMRONetherlandsEuropeCommercial bank 644,938 Disclosed20151215Dec, 201520190301Mar, 2019 20210310Mar, 2021 PDF symbol
ACTIAMNetherlandsEuropeAsset owner/managers 64,265 Disclosed20151215Dec, 201520190301Mar, 2019 20210304Mar, 2021 PDF symbol
AFAP SURA S.A.UruguayLatin AmericaAsset owner/managers 3,310 Committed20220919Sep, 2022-- --
AIMCoCanadaNorth AmericaAsset owner/managers 89,000 Disclosed20201001Oct, 202020201201Dec, 2020 20201201Dec, 2020 PDF symbol
APGNetherlandsEuropeAsset owner/managers 531,319 Disclosed20151201Dec, 201520200701Jul, 2020 20200701Jul, 2020 PDF symbol
AS LHV PankEstoniaEuropeCommercial bank 8,700 Committed20211216Dec, 2021-- --
ASN Bank**NetherlandsEuropeCommercial bank 13,336 Disclosed20151201Dec, 201520180201Feb, 2018 20210201Feb, 2021 PDF symbol
Aareal Bank GroupGermanyEuropeCommercial bank 34,450 Committed20210916Sep, 2021-- --
Access Bank PLCNigeriaAfricaCommercial bank 19,000 Committed20200601Jun, 2020-- --
Achmea Bank NVNetherlandsEuropeCommercial bank 16,975 Disclosed20210311Mar, 202120210311Mar, 2021 20210311Mar, 2021 PDF symbol
Achmea Investment ManagementNetherlandsEuropeAsset owner/managers 93,724 Disclosed20151201Dec, 201520191201Dec, 2019 20201201Dec, 2020 PDF symbol
Addiko Bank AGAustriaEuropeCommercial bank 5,700 Committed20220907Sep, 2022-- --
Alternative Bank Schweiz*SwitzerlandEuropeCommercial bank 2,407 Disclosed20190301Mar, 201920210913Sep, 2021 20210913Sep, 2021 PDF symbol
Amalgamated Bank*United StatesNorth AmericaCommercial bank 16,507 Disclosed20190301Mar, 201920210401Apr, 2021 20220715Jul, 2022 PDF symbol
Angel Oak Capital Advisors, LCCUnited StatesNorth AmericaAsset owner/managers 22,400 Committed20211118Nov, 2021-- --
Ares Management CorporationUnited StatesNorth AmericaAsset owner/managers 334,000 Committed20220811Aug, 2022-- --
Argenta Bank- en Verzekeringsgroep nvBelgiumEuropeCommercial bank 45,857 Committed20191001Oct, 2019-- --
Arion BankIcelandEuropeFinancial services group 19,000 Committed20211020Oct, 2021-- --
Asper Investment ManagementUnited KingdomEuropeAsset owner/managers 1,700 Disclosed20220126Jan, 202220220701Jul, 2022 20220701Jul, 2022 PDF symbol
Asset Management One Co., Ltd.JapanAsia-PacificAsset owner/managers 520,000 Committed20220321Mar, 2022-- --
Aviva Investors Real AssetsUnited KingdomEuropeAsset owner/managers 66,200 Committed20210607Jun, 2021-- --
Axium Infrastructure Inc.CanadaNorth AmericaAsset owner/managers 6,600 Committed20220425Apr, 2022-- --
BAC Holding International CorporationCosta RicaLatin AmericaFinancial services group 29 Committed20220318Mar, 2022-- --
BBVASpainEuropeCommercial bank 720,000 Committed20210517May, 2021-- --
BC PartnersUnited KingdomEuropeAsset owner/managers 42,200 Committed20211025Oct, 2021-- --
BDCCanadaNorth AmericaDevelopment bank 30,000 Committed20211217Dec, 2021-- --
BKS Bank AGAustriaEuropeCommercial bank 14,218 Committed20210611Jun, 2021-- --
BMO Financial GroupCanadaNorth AmericaCommercial bank 712,795 Disclosed20210111Jan, 202120220307Mar, 2022 20220307Mar, 2022 PDF symbol
BN Bank ASANorwayEuropeCommercial bank 5,580 Committed20211223Dec, 2021-- --
BNG BankNetherlandsEuropeCommercial bank 157,523 Committed20190501May, 2019-- --
BNK Financial Group Inc.Republic of KoreaAsia-PacificFinancial services group 125,700 Committed20220223Feb, 2022-- --
BNP ParibasFranceEuropeCommercial bank 2,871,543 Committed20220408Apr, 2022-- --
BRAC Bank*BangladeshAsia-PacificCommercial bank 4,283 Committed20190301Mar, 2019-- --
BTG PactualBrazilLatin AmericaFinancial services group 47,100 Committed20210621Jun, 2021-- --
Banca Ética*ItalyEuropeCommercial bank 2,946 Disclosed20190301Mar, 201920200501May, 2020 20210920Sep, 2021 PDF symbol
Banco Agrario de ColombiaColombiaLatin AmericaCommercial bank 9 Committed20220423Apr, 2022-- --
Banco Bradesco S.A.BrazilLatin AmericaCommercial bank 598,000 Disclosed20200701Jul, 202020210301Mar, 2021 20210301Mar, 2021 PDF symbol
Banco Hipotecario de El Salvador, S.A.El SalvadorLatin AmericaCommercial bank 2 Committed20220316Mar, 2022-- --
Banco PAN S.A.BrazilLatin AmericaCommercial bank 10 Committed20220921Sep, 2022-- --
Banco PichinchaEcuadorLatin AmericaCommercial bank 10,664 Committed20190801Aug, 2019-- --
Banco Popular*HondurasLatin AmericaCommercial bank 110 Disclosed20200501May, 202020220302Mar, 2022 20220302Mar, 2022 PDF symbol
Banco Promerica de Costa Rica, S.A.Costa RicaLatin AmericaCommercial bank 2,000 Committed20210203Feb, 2021-- --
Banco SantanderSpainEuropeCommercial bank 1,229,168 Disclosed20210913Sep, 202120220718Jul, 2022 20220718Jul, 2022 PDF symbol
Banco de Galicia y Buenos Aires S.A.U.ArgentinaLatin AmericaCommercial bank 11 Committed20210616Jun, 2021-- --
Banco de Sabadell, S. A.SpainEuropeCommercial bank 266,585 Committed20220519May, 2022-- --
BancoSol*BoliviaLatin AmericaCommercial bank 1,993 Committed20190301Mar, 2019-- --
Bank Julius Baer & Co. Ltd.SwitzerlandEuropeAsset owner/managers 648,000 Disclosed20220201Feb, 202220220308Mar, 2022 20220308Mar, 2022 PDF symbol
Bank Muamalat*MalaysiaAsia-PacificCommercial bank 5,349 Committed20200301Mar, 2020-- --
Bank für Kirche und Caritas eGGermanyEuropeCommercial bank 6,600 Committed20210611Jun, 2021-- --
Bank of AmericaUnited StatesNorth AmericaCommercial bank 2,434,079 Committed20200701Jul, 2020-- --
Bank of Ireland Group plcRepublic of IrelandEuropeCommercial bank 177,000 Committed20210923Sep, 2021-- --
Bank of JiujiangChinaAsia-PacificCommercial bank 72,380 Committed20220527May, 2022-- --
Banpro, Grupo PromericaNicaraguaLatin AmericaCommercial bank 2,099 Committed20210412Apr, 2021-- --
BarclaysUnited KingdomEuropeFinancial services group 1,505,102 Committed20201101Nov, 2020-- --
Basler KantonalbankSwitzerlandEuropeCommercial bank 54,708 Committed20210226Feb, 2021-- --
BayernLBGermanyEuropeCommercial bank 304,500 Committed20210621Jun, 2021-- --
Belfius Bank SA/NVBelgiumEuropeFinancial services group 376,900 Committed20211012Oct, 2021-- --
Beneficial State Bank*United StatesNorth AmericaCommercial bank 1,011 Disclosed20190301Mar, 201920210614Jun, 2021 20210614Jun, 2021 PDF symbol
Berkshire Partners LLCUnited StatesNorth AmericaAsset owner/managers 29,700 Committed20220801Aug, 2022-- --
Berner Kantonalbank AG BEKBSwitzerlandEuropeCommercial bank 44,332 Committed20200901Sep, 2020-- --
BlackRockUnited StatesNorth AmericaAsset owner/managers 9,007,411 Disclosed20210504May, 202120220113Jan, 2022 20220113Jan, 2022 PDF symbol
Boston Common Asset ManagementUnited StatesNorth AmericaAsset owner/managers 2,700 Disclosed20190301Mar, 201920220328Mar, 2022 20220328Mar, 2022 PDF symbol
Breckinridge Capital AdvisorsUnited StatesNorth AmericaAsset owner/managers 41,100 Committed20220711Jul, 2022-- --
CDC GroupUnited KingdomEuropeDevelopment bank 6,438 Committed20200801Aug, 2020-- --
CIBCCanadaNorth AmericaCommercial bank 577,900 Committed20210224Feb, 2021-- --
CIMB Group Holdings BerhadMalaysiaAsia-PacificCommercial bank 143,500 Committed20210907Sep, 2021-- --
CS Ahorro y CréditoCosta RicaLatin AmericaCommercial bank 1,149 Committed20210619Jun, 2021-- --
CTBC Financial HoldingTaiwan, ChinaAsia-PacificCommercial bank 213,496 Disclosed20201001Oct, 202020210701Jul, 2021 20220125Jan, 2022 PDF symbol
Caisse d’économie solidaire Desjardins*CanadaNorth AmericaCommercial bank 780 Disclosed20191001Oct, 201920200901Sep, 2020 20210501May, 2021 PDF symbol
Caixabank, S.A.SpainEuropeCommercial bank 551,486 Committed20210707Jul, 2021-- --
Capital DynamicsSwitzerlandEuropeAsset owner/managers 13,000 Committed20220331Mar, 2022-- --
Capital+SAFIBoliviaLatin AmericaAsset owner/managers 460 Committed20220118Jan, 2022-- --
CardanoUnited KingdomEuropeAsset owner/managers 200,000 Committed20201101Nov, 2020-- --
Cathay Financial Holding Co., LtdTaiwan, ChinaAsia-PacificFinancial services group 339,790 Committed20220704Jul, 2022-- --
Charity Bank*United KingdomEuropeCommercial bank 0.4 Committed20210622Jun, 2021-- --
CitiUnited StatesNorth AmericaInvestment bank 1,951,158 Disclosed20200801Aug, 202020220108Jan, 2022 20220108Jan, 2022 PDF symbol
Citizens Financial Group, Inc.United StatesNorth AmericaCommercial bank 192,000 Committed20220606Jun, 2022-- --
Claritas InvestimentosBrazilLatin AmericaAsset owner/managers 1,500 Committed20220718Jul, 2022-- --
Clearwater Credit Union*United StatesNorth AmericaCommercial bank 524 Disclosed20190301Mar, 201920220101Jan, 2022 20220101Jan, 2022 PDF symbol
Climate First BankUnited StatesNorth AmericaCommercial bank 124 Committed20220120Jan, 2022-- --
Close Brothers Group plcUnited KingdomEuropeCommercial bank 28,600 Committed20220725Jul, 2022-- --
Coast Capital Savings Federal Credit UnionCanadaNorth AmericaCommercial bank 17,000 Committed20220602Jun, 2022-- --
Coastal Enterprises, Inc. (CEI)United StatesNorth AmericaDevelopment bank 107 Disclosed20190901Sep, 201920220419Apr, 2022 20220419Apr, 2022 PDF symbol
Comerica, IncUnited StatesNorth AmericaCommercial bank 114,700 Committed20200801Aug, 2020-- --
Commonwealth Bank of AustraliaAustraliaAsia-PacificCommercial bank 834,764 Disclosed20220629Jun, 202220220811Aug, 2022 20220811Aug, 2022 PDF symbol
Concordia Financial Group, Ltd.JapanAsia-PacificCommercial bank 191,953 Committed20220802Aug, 2022-- --
Coop Pank ASEstoniaEuropeCommercial bank 1,150 Committed20220616Jun, 2022-- --
Cooperativa Abaco*PeruLatin AmericaCommercial bank 393 Committed20190301Mar, 2019-- --
Cooperative Bank of Karditsa Coop.L.L.*GreeceEuropeCommercial bank 115 Disclosed20190301Mar, 201920220302Mar, 2022 20220302Mar, 2022 PDF symbol
Corporacion Interamericana para el Financiamiento de Infrastructura (CIFI)PanamaLatin AmericaInvestment bank 480 Committed20211012Oct, 2021-- --
Credit Europe Bank N.V.NetherlandsEuropeCommercial bank 4,250 Committed20220513May, 2022-- --
Crédito AgrícolaPortugalEuropeCommercial bank 28 Committed20211026Oct, 2021-- --
Cultura Sparebank*NorwayEuropeCommercial bank 123 Disclosed20190901Sep, 201920220309Mar, 2022 20220309Mar, 2022 PDF symbol
DGB Financial GroupRepublic of KoreaAsia-PacificFinancial services group 78,968 Committed20210917Sep, 2021-- --
DNB Bank ASANorwayEuropeCommercial bank 305,000 Committed20220523May, 2022-- --
Daiwa Securities Group Inc.JapanAsia-PacificInvestment bank 434,943 Committed20211214Dec, 2021-- --
Danske Bank A/SDenmarkEuropeCommercial bank 799,600 Disclosed20200501May, 202020210601Jun, 2021 20210601Jun, 2021 PDF symbol
De VolksbankNetherlandsEuropeCommercial bank 69,819 Disclosed20151201Dec, 201520190301Mar, 2019 20210301Mar, 2021 PDF symbol
Desjardins GroupCanadaNorth AmericaFinancial services group 331,000 Disclosed20201101Nov, 202020210715Jul, 2021 20220315Mar, 2022 PDF symbol
Deutsche Bank AGGermanyEuropeCommercial bank 1,600,000 Disclosed20210301Mar, 202120220304Mar, 2022 20220304Mar, 2022 PDF symbol
Deutsche Kreditbank AG**GermanyEuropeCommercial bank 132,610 Committed20210610Jun, 2021-- --
E.SUN Financial Holding Co., LtdTaiwan, ChinaAsia-PacificCommercial bank 110,205 Disclosed20211206Dec, 202120220125Jan, 2022 20220125Jan, 2022 PDF symbol
EIG Global Energy PartnersUnited StatesNorth AmericaAsset owner/managers 21,900 Disclosed20201223Dec, 202020210928Sep, 2021 20221003Oct, 2022 PDF symbol
ESAF Small Finance Bank*IndiaAsia-PacificCommercial bank 725 Committed20190301Mar, 2019-- --
ESG Portfolio ManagementGermanyEuropeAsset owner/managers 17 Committed20220412Apr, 2022-- --
Ecobank Transnational InternationalTogoAfricaCommercial bank 27 Committed20220401Apr, 2022-- --
Ecology Building Society*United KingdomEuropeCommercial bank 226 Disclosed20190301Mar, 201920210301Mar, 2021 20220407Apr, 2022 PDF symbol
EdekabankGermanyEuropeCommercial bank 3,654 Committed20210518May, 2021-- --
Ekobanken*SwedenEuropeCommercial bank 108 Disclosed20190301Mar, 201920210831Aug, 2021 20210831Aug, 2021 PDF symbol
Erste Group Bank AGAustriaEuropeCommercial bank 340,400 Disclosed20210629Jun, 202120220325Mar, 2022 20220325Mar, 2022 PDF symbol
Evangelische Bank eGGermanyEuropeCommercial bank 9,589 Committed20201217Dec, 2020-- --
Evenlode InvestmentUnited KingdomEuropeAsset owner/managers 6,600 Disclosed20210301Mar, 202120210401Apr, 2021 20220501May, 2022 PDF symbol
Export Development CanadaCanadaNorth America Export credit agency 84,900 Committed20210709Jul, 2021-- --
FAMA InvestimentosBrazilLatin AmericaAsset owner/managers 450 Disclosed20211027Oct, 202120220322Mar, 2022 20220322Mar, 2022 PDF symbol
FMONetherlandsEuropeDevelopment bank 8,544 Disclosed20151201Dec, 201520200301Mar, 2020 20220316Mar, 2022 PDF symbol
Fifth Third BankUnited StatesNorth AmericaCommercial bank 205,000 Committed20210323Mar, 2021-- --
FinDev CanadaCanadaNorth AmericaDevelopment bank 181 Disclosed20210301Mar, 202120220815Aug, 2022 20220815Aug, 2022 PDF symbol
Finnish Fund for Industrial Cooperation Ltd. (FINNFUND)FinlandEuropeDevelopment bank 1,300 Committed20220426Apr, 2022-- --
First Abu Dhabi Bank (FAB) PJSCUnited Arab EmiratesAsia-PacificCommercial bank 250,000 Committed20211213Dec, 2021-- --
First Financial Holding Co.,Ltd.Taiwan, ChinaAsia-PacificCommercial bank 133 Committed20220831Aug, 2022-- --
FirstRand Group Ltd.South AfricaAfricaFinancial services group 111,000 Disclosed20190701Jul, 201920211031Oct, 2021 20211031Oct, 2021 PDF symbol
Foresight GroupUnited KingdomEuropeAsset owner/managers 10,900 Committed20220104Jan, 2022-- --
Freie Gemeinschaftsbank Genossenschaft*SwitzerlandEuropeCommercial bank 375 Committed20210219Feb, 2021-- --
Fubon Financial Holding Co., Ltd.Taiwan, ChinaAsia-PacificInsurance 379,400 Committed20220419Apr, 2022-- --
GLS Bank*GermanyEuropeCommercial bank 7,778 Committed20190301Mar, 2019-- --
Grand Alliance Asset Management LtdHong Kong, ChinaAsia-PacificAsset owner/managers 1,700 Committed20220624Jun, 2022-- --
Great Southern BankAustraliaAsia-PacificCommercial bank 14,088 Committed20220515May, 2022-- --
Groupe La Banque PostaleFranceEuropeFinancial services group 875,000 Committed20220510May, 2022-- --
Grupo BancolombiaColombiaLatin AmericaCommercial bank 67,000 Committed20200601Jun, 2020-- --
Grupo Financiero BanorteMexicoLatin AmericaCommercial bank 99,795 Committed20220512May, 2022-- --
Grupo de Inversiones SuramericanaColombiaLatin AmericaAsset owner/managers 8,000 Committed20220905Sep, 2022-- --
HSBC Holdings PLCUnited KingdomEuropeCommercial bank 2,984,164 Disclosed20210302Mar, 202120220222Feb, 2022 20220222Feb, 2022 PDF symbol
Hamburg Commercial Bank AGGermanyEuropeCommercial bank 41,341 Committed20210618Jun, 2021-- --
Hana Financial GroupRepublic of KoreaAsia-PacificCommercial bank 448,300 Committed20210903Sep, 2021-- --
Hannon ArmstrongUnited StatesNorth AmericaCommercial bank 6,200 Disclosed20200901Sep, 202020220504May, 2022 20220504May, 2022 PDF symbol
Hanwha Asset ManagementRepublic of KoreaAsia-PacificAsset owner/managers 84,500 Committed20210621Jun, 2021-- --
Harding Loevner LPUnited StatesNorth AmericaAsset owner/managers 75,550 Committed20220329Mar, 2022-- --
HgUnited KingdomEuropeAsset owner/managers 40,000 Committed20211110Nov, 2021-- --
Huntington National BankUnited StatesNorth AmericaCommercial bank 175,000 Committed20220216Feb, 2022-- --
IFM Investors Pty LtdAustraliaAsia-PacificAsset owner/managers 130,000 Committed20220214Feb, 2022-- --
IGM FinancialCanadaNorth AmericaAsset owner/managers 214,800 Committed20211110Nov, 2021-- --
Ikano Bank ABSwedenEuropeCommercial bank 849 Committed20220407Apr, 2022-- --
Industrial Bank of KoreaRepublic of KoreaAsia-PacificCommercial bank 350,912 Committed20210329Mar, 2021-- --
International Business of Federated HermesUnited KingdomEuropeAsset owner/managers 605,800 Committed20200901Sep, 2020-- --
Invest - NLNetherlandsEuropeInvestment bank 1,700 Committed20200801Aug, 2020-- --
InvestecSouth AfricaAfricaInvestment bank 63,100 Disclosed20200501May, 202020220704Jul, 2022 20220704Jul, 2022 PDF symbol
Investec plcUnited KingdomEuropeInvestment bank 63,100 Committed20200801Aug, 2020-- --
Investment Management Corporation of Ontario (IMCO)CanadaNorth AmericaAsset owner/managers 73,300 Committed20220124Jan, 2022-- --
Invoice Cash IFN SARomaniaEuropeAsset owner/managers 20 Committed20210106Jan, 2021-- --
Islandsbanki hf.IcelandEuropeCommercial bank 9,400 Disclosed20201001Oct, 202020220201Feb, 2022 20220201Feb, 2022 PDF symbol
Itaú UnibancoBrazilLatin AmericaCommercial bank 388,500 Disclosed20210301Mar, 202120210401Apr, 2021 20220429Apr, 2022 PDF symbol
JB Financial Group CO., LTDRepublic of KoreaAsia-PacificFinancial services group 45,000 Committed20211102Nov, 2021-- --
JGPBrazilLatin AmericaAsset owner/managers 4,734 Committed20211011Oct, 2021-- --
Japan Post Bank Co., LtdJapanAsia-PacificCommercial bank 1,963,000 Committed20220118Jan, 2022-- --
Japan Post Insurance Co., LtdJapanAsia-PacificInsurance 633,000 Committed20220128Jan, 2022-- --
KASIKORNBANK PUBLIC COMPANY LIMITEDThailandAsia-PacificCommercial bank 118,600 Committed20220801Aug, 2022-- --
KB Financial GroupRepublic of KoreaAsia-PacificFinancial services group 561,331 Disclosed20210319Mar, 202120210729Jul, 2021 20210729Jul, 2021 PDF symbol
KBC GroupBelgiumEuropeFinancial services group 325,116 Disclosed20190901Sep, 201920200301Mar, 2020 20210301Mar, 2021 PDF symbol
KCB Bank Kenya LimitedKenyaAfricaCommercial bank 7,013 Committed20190801Aug, 2019-- --
KGI BankTaiwan, ChinaAsia-PacificCommercial bank 30,230 Committed20220214Feb, 2022-- --
KLPNorwayEuropeAsset owner/managers 99,100 Committed20220603Jun, 2022-- --
KeyCorpUnited StatesNorth AmericaCommercial bank 186,300 Committed20220531May, 2022-- --
Kitsap BankUnited StatesNorth AmericaCommercial bank 15,000 Committed20220124Jan, 2022-- --
Kiwibank LimitedNew ZealandAsia-PacificCommercial bank 18,755 Committed20220209Feb, 2022-- --
Kiwoom Asset ManagementRepublic of KoreaAsia-PacificAsset owner/managers 38,553 Committed20220407Apr, 2022-- --
Kyushu Financial Group, Inc.JapanAsia-PacificCommercial bank 108,993 Committed20220520May, 2022-- --
LAPO Microfinance Bank Limited*NigeriaAfricaCommercial bank 189 Committed20190301Mar, 2019-- --
LGT Private BankingLiechtensteinEuropeCommercial bank 179,000 Committed20210527May, 2021-- --
LandsbankinnIcelandEuropeCommercial bank 14,689 Disclosed20190901Sep, 201920210601Jun, 2021 20210601Jun, 2021 PDF symbol
Laurentian Bank of CanadaCanadaNorth AmericaCommercial bank 35,800 Committed20220203Feb, 2022-- --
Laxmi Bank LimitedNepalAsia-PacificCommercial bank 1,300 Committed20211206Dec, 2021-- --
Leeds Building SocietyUnited KingdomEuropeCommercial bank 29 Committed20211021Oct, 2021-- --
Legal & General Investment Management Real AssetsUnited KingdomEuropeAsset owner/managers 48,000 Committed20220510May, 2022-- --
Liberty Mutual InsuranceUnited StatesNorth AmericaInsurance 94,000 Committed20210825Aug, 2021-- --
Libro Credit UnionCanadaNorth America 5 Committed20220921Sep, 2022-- --
Lloyds Banking GroupUnited KingdomEuropeFinancial services group 1,079,625 Disclosed20200901Sep, 202020210401Apr, 2021 20210401Apr, 2021 PDF symbol
Luminor Bank ASEstoniaEuropeCommercial bank 16 Disclosed20210709Jul, 202120220612Jun, 2022 20220612Jun, 2022 PDF symbol
M&T Bank CorpUnited StatesNorth AmericaCommercial bank 155 Committed20220316Mar, 2022-- --
MBSB Bank BerhadMalaysiaAsia-PacificCommercial bank 199 Committed20220726Jul, 2022-- --
MNNetherlandsEuropeAsset owner/managers 148,921 Disclosed20151201Dec, 201520200501May, 2020 20200501May, 2020 PDF symbol
MS AmlinUnited KingdomEuropeInsurance 2,640 Committed20220729Jul, 2022-- --
MS&AD Insurance Group HoldingsJapanAsia-PacificInsurance 179,000 Committed20211214Dec, 2021-- --
MagNet Hungarian Community Bank*HungaryEuropeCommercial bank 419 Committed20190301Mar, 2019-- --
Malayan Banking Berhad (Maybank)MalaysiaAsia-PacificCommercial bank 2,046 Committed20220120Jan, 2022-- --
Mediobanca- Banca di Credito Finanziario S.p.A.ItalyEuropeInvestment bank 100,000 Committed20220201Feb, 2022-- --
Merkur Cooperative Bank*DenmarkEuropeCommercial bank 555 Disclosed20190301Mar, 201920210315Mar, 2021 20210315Mar, 2021 PDF symbol
Metrics Credit Partners Pty LtdAustraliaAsia-PacificAsset owner/managers 6,500 Committed20211129Nov, 2021-- --
Metro BankUnited KingdomEuropeCommercial bank 27,600 Committed20220802Aug, 2022-- --
Mirae Asset Global InvestmentsRepublic of KoreaAsia-PacificAsset owner/managers 122,500 Committed20220303Mar, 2022-- --
Mitsubishi HC Capital UK PLCUnited KingdomEuropeAsset owner/managers 8,000 Committed20220201Feb, 2022-- --
Mitsubishi UFJ Financial Group, Inc.JapanAsia-PacificFinancial services group 3,260,000 Disclosed20210804Aug, 202120220420Apr, 2022 20220420Apr, 2022 PDF symbol
Mizuho Financial Group, Inc.JapanAsia-PacificFinancial services group 2,037,447 Disclosed20210617Jun, 202120210621Jun, 2021 20220601Jun, 2022 PDF symbol
Morgan StanleyUnited StatesNorth AmericaInvestment bank 947,795 Committed20200701Jul, 2020-- --
Münchener Verein VersicherungGermanyEuropeInsurance 9,000 Committed20210630Jun, 2021-- --
NATIONAL-BANK AGGermanyEuropeCommercial bank 10,700 Committed20210624Jun, 2021-- --
NIBC Holding N.V.NetherlandsEuropeCommercial bank 21,500 Disclosed20191001Oct, 201920200701Jul, 2020 20210701Jul, 2021 PDF symbol
NMB Bank*NepalAsia-PacificCommercial bank 945 Disclosed20190301Mar, 201920220601Jun, 2022 20220601Jun, 2022 PDF symbol
NN GroupNetherlandsEuropeInsurance 230,000 Disclosed20151201Dec, 201520190301Mar, 2019 20210301Mar, 2021 PDF symbol
NN Investment PartnersNetherlandsEuropeAsset owner/managers 364,000 Committed20220322Mar, 2022-- --
NWBNetherlandsEuropePromotional bank 95,900 Disclosed20190101Jan, 201920200101Jan, 2020 20210301Mar, 2021 PDF symbol
Nabil BankNepalAsia-PacificCommercial bank 1,552 Committed20210125Jan, 2021-- --
NatWest GroupUnited KingdomEuropeCommercial bank 998,900 Disclosed20200701Jul, 202020210201Feb, 2021 20220218Feb, 2022 PDF symbol
National Bank of CanadaCanadaNorth AmericaCommercial bank 315,000 Committed20210420Apr, 2021-- --
Nationwide Building SocietyUnited KingdomEuropeCommercial bank 323,540 Disclosed20210520May, 202120221006Oct, 2022 20221006Oct, 2022 PDF symbol
Natural Capital Investment Fund, Inc.United StatesNorth AmericaDevelopment bank 60 Committed20210614Jun, 2021-- --
Neo InvestimentosBrazilLatin AmericaAsset owner/managers 1,000 Committed20220505May, 2022-- --
New Hampshire Community Loan FundUnited StatesNorth AmericaDevelopment bank 145 Committed20220119Jan, 2022-- --
Nippon Life Insurance CompanyJapanAsia-PacificInsurance 651,975 Committed20220309Mar, 2022-- --
Nissay Asset Management CorporationJapanAsia-PacificAsset owner/managers 280,000 Disclosed20210629Jun, 202120221006Oct, 2022 20221006Oct, 2022 PDF symbol
Nomura Asset Management Co., Ltd.JapanAsia-PacificAsset owner/managers 591,000 Disclosed20210820Aug, 202120220630Jun, 2022 20220630Jun, 2022 PDF symbol
Nomura Holdings, Inc.JapanAsia-PacificInvestment bank 384,200 Committed20220310Mar, 2022-- --
NongHyup Financial Group Inc.Republic of KoreaAsia-PacificFinancial services group 398,700 Committed20220526May, 2022-- --
Nordea Bank AbpFinlandEuropeCommercial bank 670,000 Disclosed20201216Dec, 202020220321Mar, 2022 20220321Mar, 2022 PDF symbol
Nordic Investment BankFinlandEuropeDevelopment bank 42,532 Committed20220613Jun, 2022-- --
Norinchukin Bank Europe N.V.NetherlandsEuropeCommercial bank 1,987 Disclosed20220406Apr, 202220220615Jun, 2022 20220615Jun, 2022 PDF symbol
O-BankTaiwan, ChinaAsia-PacificCommercial bank 10,018 Disclosed20220217Feb, 202220220919Sep, 2022 20220919Sep, 2022 PDF symbol
OP Financial GroupFinlandEuropeFinancial services group 324,000 Committed20220621Jun, 2022-- --
OSB Group PLCUnited KingdomEuropeCommercial bank 32,128 Committed20220208Feb, 2022-- --
Oaktree Capital Management, L.P.United StatesNorth AmericaAsset owner/managers 164,000 Committed20220516May, 2022-- --
Oberbank AGAustriaEuropeCommercial bank 30 Committed20210923Sep, 2021-- --
PIDG - The Private Infrastructure Development Group LtdUnited KingdomEuropeDevelopment bank 1,437 Disclosed20210223Feb, 202120210601Jun, 2021 20210601Jun, 2021 PDF symbol
PNC Financial ServicesUnited StatesNorth AmericaCommercial bank 791,000 Committed20210407Apr, 2021-- --
PT. Bank Rakyat Indonesia Tbk.IndonesiaAsia-PacificCommercial bank 113,500 Committed20220510May, 2022-- --
Pacific Investment Management Company LLCUnited StatesNorth AmericaAsset owner/managers 1,820,000 Disclosed20220719Jul, 202220220811Aug, 2022 20220811Aug, 2022 PDF symbol
PennantParkUnited StatesNorth AmericaAsset owner/managers 6,000 Committed20220629Jun, 2022-- --
Phoenix GroupUnited KingdomEuropeInsurance 430,000 Committed20210521May, 2021-- --
Platform CapitalNigeriaAfricaInvestment bank 1 Committed20220512May, 2022-- --
Porvenir AFPColombiaLatin AmericaAsset owner/managers 44,196 Committed20220711Jul, 2022-- --
PostFinance AGSwitzerlandEuropeCommercial bank 86,800 Disclosed20210428Apr, 202120220315Mar, 2022 20220315Mar, 2022 PDF symbol
ProCredit GroupGermanyEuropeCommercial bank 8,735 Disclosed20210730Jul, 202120220322Mar, 2022 20220322Mar, 2022 PDF symbol
ProdubancoEcuadorLatin AmericaCommercial bank 4,769 Committed20190901Sep, 2019-- --
ProsusNetherlandsEuropeAsset owner/managers 170,000 Committed20220712Jul, 2022-- --
RNHB B.V.NetherlandsEuropeFinancial services group 4,029 Committed20210816Aug, 2021-- --
RabobankNetherlandsEuropeCommercial bank 676,374 Disclosed20151201Dec, 201520180901Sep, 2018 20220201Feb, 2022 PDF symbol
Raiffeisen Bank InternationalAustriaEuropeCommercial bank 165,959 Disclosed20220112Jan, 202220220307Mar, 2022 20220307Mar, 2022 PDF symbol
Raiffeisen Switzerland CooperativeSwitzerlandEuropeCommercial bank 256,600 Committed20201218Dec, 2020-- --
Raise Green, Inc.United StatesNorth AmericaAsset owner/managers 3 Committed20210622Jun, 2021-- --
Regions Financial CorporationUnited StatesNorth AmericaCommercial bank 163,000 Committed20220121Jan, 2022-- --
Rizal Commercial Banking CorporationPhilippinesAsia-PacificCommercial bank 15,873 Committed20210906Sep, 2021-- --
RobecoNetherlandsEuropeAsset owner/managers 191,306 Disclosed20151201Dec, 201520210401Apr, 2021 20210401Apr, 2021 PDF symbol
Royal Bank of CanadaCanadaNorth AmericaCommercial bank 1,200,000 Disclosed20210225Feb, 202120220301Mar, 2022 20220301Mar, 2022 PDF symbol
SAC Apoyo Integral, S.A.*El SalvadorLatin AmericaCommercial bank 143 Committed20190301Mar, 2019-- --
SANIMA BANK LTD.NepalAsia-PacificCommercial bank 1,101 Committed20220905Sep, 2022-- --
SBAB BankSwedenEuropeCommercial bank 47,184 Disclosed20210913Sep, 202120220322Mar, 2022 20220322Mar, 2022 PDF symbol
SLC Fixed IncomeUnited StatesNorth AmericaAsset owner/managers 149,000 Committed20220217Feb, 2022-- --
SOMPO HoldingsJapanAsia-PacificInsurance 113,000 Committed20211118Nov, 2021-- --
SPUERKEESSLuxembourgEuropeCommercial bank 55,661 Committed20220620Jun, 2022-- --
SURA Investment ManagementColombiaLatin AmericaAsset owner/managers 11,000 Committed20220624Jun, 2022-- --
Scotiabank (The Bank of Nova Scotia)CanadaNorth AmericaCommercial bank 853,000 Disclosed20210324Mar, 202120220315Mar, 2022 20220315Mar, 2022 PDF symbol
Self-Help Credit Union and Ventures FundUnited StatesNorth AmericaCommercial bank 2,700 Committed20190901Sep, 2019-- --
Seraya PartnersSingaporeAsia-PacificAsset owner/managers 300 Committed20220214Feb, 2022-- --
Shinhan Financial GroupRepublic of KoreaAsia-PacificFinancial services group 494,800 Disclosed20201101Nov, 202020220412Apr, 2022 20220412Apr, 2022 PDF symbol
Skipton Building SocietyEnglandEuropeCommercial bank 33 Committed20220915Sep, 2022-- --
SpareBank 1 NordmøreNorwayEuropeCommercial bank 2,475 Committed20220106Jan, 2022-- --
SpareBank 1 SMNNorwayEuropeCommercial bank 23,000 Committed20211215Dec, 2021-- --
SpareBank 1 SR-Bank ASANorwayEuropeCommercial bank 34,800 Disclosed20210916Sep, 202120220415Apr, 2022 20220415Apr, 2022 PDF symbol
SpareBank 1 Østfold AkershusNorwayEuropeCommercial bank 4,560 Disclosed20211105Nov, 202120220315Mar, 2022 20220315Mar, 2022 PDF symbol
SpareBank 1 ØstlandetNorwayEuropeCommercial bank 15,000 Disclosed20201201Dec, 202020210301Mar, 2021 20220317Mar, 2022 PDF symbol
SpareBank1 Hallingdal ValdresNorwayEuropeCommercial bank 1,440 Disclosed20211216Dec, 202120220315Mar, 2022 20220315Mar, 2022 PDF symbol
Sparebank 1 Sørøst-NorgeNorwayEuropeCommercial bank 12 Committed20220818Aug, 2022-- --
Sparebanken SørNorwayEuropeCommercial bank 17,000 Committed20211110Nov, 2021-- --
Sparebanken VestNorwayEuropeCommercial bank 26,578 Committed20220209Feb, 2022-- --
Standard Bank GroupSouth AfricaAfricaCommercial bank 173,000 Committed20220202Feb, 2022-- --
Standard CharteredUnited KingdomEuropeCommercial bank 827,818 Committed20220324Mar, 2022-- --
Starling Bank LimitedUnited KingdomEuropeCommercial bank 9,500 Committed20210922Sep, 2021-- --
Stichting Pensioenfonds Metaal en Techniek (PMT)**NetherlandsEuropeAsset owner/managers 90,719 Disclosed20151201Dec, 201520200501May, 2020 20200501May, 2020 PDF symbol
Stichting Pensioenfonds van de Metalektro (PME)**NetherlandsEuropeAsset owner/managers 55,857 Disclosed20151201Dec, 201520200501May, 2020 20200501May, 2020 PDF symbol
Sumatoria para una nueva economiaArgentinaLatin AmericaAsset owner/managers 2 Committed20220110Jan, 2022-- --
Sumitomo Life Insurance CompanyJapanAsia-PacificAsset owner/managers 371,100 Disclosed20210831Aug, 202120211001Oct, 2021 20211001Oct, 2021 PDF symbol
Sumitomo Mitsui Financial Group, Inc.JapanAsia-PacificCommercial bank 2,123,080 Committed20211013Oct, 2021-- --
Sumitomo Mitsui Trust Holdings, Inc.JapanAsia-PacificCommercial bank 1,662,273 Disclosed20220114Jan, 202220220126Jan, 2022 20220126Jan, 2022 PDF symbol
Suncorp GroupAustraliaAsia-PacificFinancial services group 72,000 Committed20220602Jun, 2022-- --
Sunrise Banks*United StatesNorth AmericaCommercial bank 1,132 Disclosed20190301Mar, 201920220601Jun, 2022 20220601Jun, 2022 PDF symbol
Suramericana S.A.ColombiaLatin AmericaInsurance 4,200 Committed20220721Jul, 2022-- --
Svenska Handelsbanken publ.SwedenEuropeFinancial services group 478,000 Committed20211018Oct, 2021-- --
Swedbank ABSwedenEuropeCommercial bank 400,000 Committed20220208Feb, 2022-- --
Swiss ReSwitzerlandEuropeInsurance 183,000 Committed20211020Oct, 2021-- --
TD Bank GroupCanadaNorth AmericaCommercial bank 1,265,962 Disclosed20201101Nov, 202020220316Mar, 2022 20220316Mar, 2022 PDF symbol
TSB Bank PlcUnited KingdomEuropeCommercial bank 56 Committed20210617Jun, 2021-- --
Terra Alpha Investments LLCUnited StatesNorth AmericaAsset owner/managers 130 Committed20220324Mar, 2022-- --
The Bank of East Asia, LimitedHong Kong, ChinaAsia-PacificCommercial bank 116,390 Committed20220504May, 2022-- --
The Norinchukin BankJapanAsia-PacificCommercial bank 972,340 Committed20220323Mar, 2022-- --
The San-in Godo Bank, Ltd.JapanAsia-PacificCommercial bank 54,902 Committed20220602Jun, 2022-- --
The Siam Commercial Bank Public Company LimitedThailandAsia-PacificCommercial bank 97,148 Committed20220615Jun, 2022-- --
Thurgauer KantonalbankSwitzerlandEuropeCommercial bank 23 Committed20220923Sep, 2022-- --
Tokio Marine & Nichido Fire Insurance Co., Ltd.JapanAsia-PacificInsurance 73,367 Committed20220113Jan, 2022-- --
Triodos Bank*NetherlandsEuropeCommercial bank 17,793 Disclosed20151201Dec, 201520180301Mar, 2018 20210301Mar, 2021 PDF symbol
Triple Point LLPUnited KingdomEuropeAsset owner/managers 3,500 Committed20220815Aug, 2022-- --
Truist Financial CorporationUnited StatesNorth AmericaCommercial bank 522,000 Committed20211013Oct, 2021-- --
U.S. BankUnited StatesNorth AmericaCommercial bank 841,000 Committed20211104Nov, 2021-- --
U.S. International Development Finance CorporationUnited StatesNorth AmericaDevelopment bank 15,303 Committed20220616Jun, 2022-- --
UBS Group AGSwitzerlandEuropeFinancial services group 1,117,182 Committed20220217Feb, 2022-- --
UK Mortgage Lending Ltd (T/a Pepper Money)United KingdomEuropeCommercial bank 3,727 Committed20220617Jun, 2022-- --
UmweltBank*GermanyEuropeCommercial bank 4,235 Disclosed20190301Mar, 201920200401Apr, 2020 20210406Apr, 2021 PDF symbol
United Bank for Africa PLCNigeriaAfricaCommercial bank 20,400 Committed20220118Jan, 2022-- --
VSECU*United StatesNorth AmericaCommercial bank 1,118 Committed20190301Mar, 2019-- --
Van Lanschot KempenNetherlandsEuropeAsset owner/managers 92,789 Disclosed20151201Dec, 201520190201Feb, 2019 20210201Feb, 2021 PDF symbol
Vancity*CanadaNorth AmericaCommercial bank 27,249 Disclosed20190301Mar, 201920210501May, 2021 20220521May, 2022 PDF symbol
Varma Mutual Pension Insurance CompanyFinlandEuropeAsset owner/managers 63,958 Disclosed20211122Nov, 202120220321Mar, 2022 20220321Mar, 2022 PDF symbol
VentureXchangeCroatiaEuropeAsset owner/managers 100 Committed20220203Feb, 2022-- --
Veridian Global InvestorsUnited StatesNorth AmericaAsset owner/managers 2 20220905Sep, 2022-- --
Verity Credit Union*United StatesNorth AmericaCommercial bank 587 Committed20190301Mar, 2019-- --
Vermont Community Loan FundUnited StatesNorth AmericaDevelopment bank 43 Disclosed20191201Dec, 201920201201Dec, 2020 20201201Dec, 2020 PDF symbol
Virgin Money UK PLCUnited KingdomEuropeCommercial bank 109,118 Committed20201101Nov, 2020-- --
Visión Banco*ParaguayLatin AmericaCommercial bank 1,156 Committed20190301Mar, 2019-- --
WaterEquityUnited StatesNorth AmericaAsset owner/managers 205 Committed20220901Sep, 2022-- --
Woori Financial GroupRepublic of KoreaAsia-PacificFinancial services group 525,900 Committed20210820Aug, 2021-- --
XP Inc.BrazilLatin AmericaInvestment bank 22,811 Disclosed20220209Feb, 202220220505May, 2022 20220505May, 2022 PDF symbol
XacBank*MongoliaAsia-PacificCommercial bank 1,174 Committed20190301Mar, 2019-- --
Zavarovalnica Triglav, d.d.SloveniaEuropeInsurance 3,543 Committed20220202Feb, 2022-- --
Zürcher KantonalbankSwitzerlandEuropeCommercial bank 209,878 Committed20220510May, 2022-- --
a.s.r.NetherlandsEuropeInsurance 67,587 Disclosed20151215Dec, 201520190301Mar, 2019 20210315Mar, 2021 PDF symbol
banco BVBrazilLatin AmericaCommercial bank 32 Committed20220923Sep, 2022-- --
bunqNetherlandsEuropeCommercial bank 1,000 Disclosed20210301Mar, 202120210501May, 2021 20210501May, 2021 PDF symbol
fair-finance VorsorgekasseAustriaEuropeAsset owner/managers 100 Committed20220120Jan, 2022-- --
mBank S.A.PolandEuropeCommercial bank 49,147 Committed20220323Mar, 2022-- --
Total 317 institutions Total financial assets: $ 80.0 Trillion

*) These banks are members of the Global Alliance for Banking Values (GABV) and have committed under their 3C Initiative to measure and disclose the carbon footprint of their loans and investments. Source: GABV (2019),  Climate Change Commitment, 4 March.

**) PMT and PME are managed by MN. Therefore, the total financial assets of the group of institutions in the table do not count the assets of PMT and PME, as these are already counted in the assets of MN.
ASN Bank is part of de Volksbank. Assets of ASN Bank are not counted in the total.
Deutsche Kreditbank AG is part of BayernLB. Assets of DKB are not counted in the total.

Achmea Investment Management is aware of the important role that the investment community plays in combatting climate change and achieving the ambitious objectives of the energy transition. We accept our responsibility to engage with the companies that we invest in and are committed to support measures to enable clarity about the footprint of our investments. Our participation in PCAF has been a valuable opportunity to learn and at the same time be at the forefront of carbon footprinting for financial institutions.
 

Rogier Krens, CIO Achmea Investment Management