A landscape analysis of 10 leading financial institutions

Financial institutions play a central role in an economy and are instrumental shaping environmental, social and governance (ESG) outcomes through lending, investment, and other financial decisions. Given the urgent challenge posed by climate change, India is on its path to improve the climate consistency and resilience of its financial system. This report maps the current knowledge of risk management and credit- lending teams in participating institutions and documents the gaps in knowledge of ESG and climate risk management. This first-of-its-kind assessment outlines how 10 front-running Indian financial institutions handle ESG issues in credit decisions and balance sheet risk assessments.

Partners: ODI, Climate Bonds Initiative