Our goal is to provide high-quality data to evaluate and compare the progress banks are making in aligning their financing activities with the goals of the Paris Agreement. In 2024, the TPI Centre assessed 26 major international banks, 10 US super-regional banks, and two custodian banks on two elements:

1. Net Zero Banking Assessment Framework (NZBAF), an investor-led framework developed in consultation with IIGCC and Ceres evaluating banks on 72 sub-indicators across ten areas, such as their decarbonisation strategy, climate governance, or exposure and emissions disclosure.
2. Carbon Performance, an in-depth quantitative assessment of which sectors and business activities are covered by banks’ decarbonisation targets over different timeframes and their level of alignment with low carbon benchmarks (1.5°C, Below 2°C, International and National Pledges).