Emerging Practice: Climate Target Setting for Automotive Sector Financing

This report outlines key considerations for banks and bankers setting climate-related targets in automotive sector financing. It provides guidance on scope, metrics, data, and scenarios without prescribing specific methodologies. Recognising the significant regional variations in regulations, reporting requirements, data availability, and the maturity of zero-emission vehicle markets and associated infrastructure, this publication aims to provide a nuanced understanding of the multiple factors influencing a bank’s assumptions underlying a bank’s net-zero targets.