What it is
The Climate Policy Initiative's Net Zero Finance Tracker monitors financial sector climate commitments, tracking which institutions have pledged net-zero financed emissions and how they are progressing. It covers banks, asset managers, insurers, and asset owners, documenting target dates, interim milestones, and actual emissions reductions. Data is freely available.
Why we picked this
Pledges are easy. Delivery is hard. This tracker holds the financial sector accountable by measuring progress against commitments. With 1,722 companies now using internal carbon pricing (median around $25/tCO2e) and nearly 50% of the top 500 companies having or planning internal carbon prices, the tracker maps who is committed, who is delivering, and where the gaps are.
Key takeaways
- The tracker covers over 500 financial institutions representing more than $130 trillion in managed assets that have made net-zero commitments.
- CPI's analysis reveals that most financial institutions lack credible transition plans to meet their stated 2050 net-zero targets.
- The tool provides sector-level breakdowns showing where capital allocation is shifting toward clean energy versus remaining in fossil fuel financing.