Indicates whether the organization implements environmental policies associated with the organization’s financing practices.
Environmental Policies for Financial Services Clients (PD7932)
- Reporting Format Yes/No
- Metric Type Metric
- Metric Level Product/Service, Organization
- IRIS Metric Citation IRIS, 2021. Environmental Policies for Financial Services Clients (PD7932). v5.2.
Footnote
Organizations should footnote details on the types of policies implemented. See usage guidance for further information.
Usage Guidance
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This metric is intended to capture the organization’s environmental policies for clients of its financial services. Examples of environmental policies, to footnote, include raising clients’ or enterprises’ awareness of environmental impact, training or educating clients or enterprises regarding environmental improvements, writing specific clauses into loan contracts to mitigate social and environmental risks, identifying enterprises with environmental risk, linking lines of credit to alternative forms of energy, and linking lines of credit to other environment-friendly products.
Impact Categories & Themes
SDG Goals & Targets
No Poverty
- SDG Target 1.5
Reduced Inequality
- SDG Target 10.1
- SDG Target 10.2
- SDG Target 10.3
Responsible Consumption and Production
- SDG Target 12.3
- SDG Target 12.4
- SDG Target 12.6
Climate Action
- SDG Target 13.1
Metric History
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June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revisions to definition and usage guidance for clarity.
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January 2020 - IRIS v5.1 Released
No change.
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May 2019 - IRIS v5.0 Released
No change.
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March 2016 - IRIS v4.0 Released
No change.
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March 2014 - IRIS v3.0 Released
Material change. Metric definition and response format modified to provide clarity based on best practices and standard guidance.
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November 2011 - IRIS v2.2 Released
No change.
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February 2011 - IRIS v2.1 Released
New metric. Environmental Policies for Financial Services Clients/Enterprises (PD7932) was developed via the IRIS Taxonomy Development Group.