ISS ESG has unveiled a new Industry Average Emission Intensity Data Set designed to assist banks and insurance companies in meeting climate-related disclosure requirements, particularly under the EU’s Corporate Sustainability Reporting Directive (CSRD) and the European Banking Authority (EBA) Pillar 3 ESG Disclosures.

This innovative tool enables the estimation of emissions for non-listed companies and small to medium enterprises (SMEs), utilizing sector-based data aligned with PCAF recommendations.

By providing industry emission intensity averages based on established classifications, the dataset addresses the challenges of data scarcity faced by banks, streamlining their reporting processes.

This initiative reflects ISS ESG’s commitment to enhancing climate solutions and supporting financial institutions in navigating regulatory frameworks effectively.