Navigating the Green Asset Ratio (GAR) What Can It Tell Us About the Sustainability Performance of Banks 2024 | S&P Global | 13 March 2024 | Online

Investors are demanding more sustainability related disclosure, and regulators are also closely monitoring the impact of climate change on companies and financial institutions. European banks, as major lenders across various sectors, play a crucial role in supporting companies in their sustainability transition.

In principle, the GAR is a simple ratio quantifying EU Taxonomy-aligned assets as a percentage of total covered assets; its primary objective is to help stakeholders understand financial undertakings’ contribution to European environmental and climate objectives. As banks disclose their GAR alignment for the first time, what does it tell us about their sustainability performance and efforts to finance the green transition? Can GAR be considered an indicator of progress on meeting institutions’ sustainability commitments? In this upcoming webinar you can learn how to navigate GAR and also what to expect from the upcoming revision to improve its usability.

Join our esteemed panel of experts as they discuss:
• What is GAR and how useful it is expected to be?
• How do banks navigate the challenge of completing the initial round of disclosures?
• How well will GAR work with other disclosures and what other KPIs should be looked at to complete the picture?
• What role will it play in banks’ transition planning?
• What opportunities does GAR present?

2024 Speakers

Gautham Prabhu
Associate Director, Methodology and Innovation ESG, S&P Global Market Intelligence

Andrei Gurin
Sustainable Finance Unit, Team Leader – Taxonomy and Reporting, European Commission

Adrian Schwantes
Associate, Sustainable Finance, Association of German Banks

Alexia Femia
Adviser, Sustainable Finance, European Banking Federation