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Financial services - sustainability

Navigating challenges of new reporting standards including IFRS S1 and S2, alongside insight into what climate risks means for the financial services sector.

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Guidance

Accounting for Scope 3 emissions in financial services

Support on how to calculate Scope 3, Category 15 emissions across the financial services industry and different asset classes. Guidance includes common challenges and a series of case studies.
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Case studies

Support on how to calculate Scope 3, Category 15 emissions.
Accounting for Scope 3: residential mortgages
  • Helpsheets and support
  • 15 Jun 2026
This case study aims to support those in the banking sector considering how to approach the reporting and assurance of scope 3 greenhouse-gas emissions.
Accounting for Scope 3: aluminium production
  • Helpsheets and support
  • 15 Jun 2026
Guidance for CFOs and audit committees on reporting and assuring scope 3 greenhouse gas emissions related to corporate bank loans to organisations involved in metal production. Find out about methods of estimating emissions and common challenges.
Accounting for Scope 3: investment
  • Helpsheets and support
  • 15 Jun 2026
Guidance for CFOs and audit committees on reporting and assuring scope 3 greenhouse gas emissions related to corporate bank investments. Find out about methods of estimating emissions and common challenges.
Accounting for Scope 3: life insurance
  • Helpsheets and support
  • 15 Jun 2026
Guidance for CFOs and audit committees on reporting and assuring scope 3 greenhouse gas emissions related to life insurance. Find out about methods of estimating emissions and common challenges.
Accounting for Scope 3: aviation
  • Helpsheets and support
  • 15 Jun 2026
Guidance for CFOs and audit committees on reporting and assuring scope 3 greenhouse gas emissions related to insuring the aviation sector. Find out about methods of estimating emissions and common challenges.
Accounting for Scope 3: asset management
  • Helpsheets and support
  • 15 Jun 2026
Guidance for CFOs and audit committees on reporting and assuring scope 3 greenhouse gas emissions related to asset management. Find out about methods of estimating emissions and common challenges.
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Features and articles

Exclusive Major UK banks ECL capabilities have improved
  • Article
  • 30 Oct 2025
The PRA finds that major UK banks have improved their IFRS 9 Expected Credit Loss (ECL) capabilities but that certain risk remain elevated and encourages the banks to continue to look at challenging and enhancing their processes.
Exclusive Sustainability Reporting in Financial Services: A Progress Report
  • Article
  • 17 Jan 2025
Sustainability reporting is rapidly evolving as a critical component of corporate accountability and transparency, particularly in the financial services sector.
Exclusive Insights from FSB report on climate related vulnerabilities
  • Article
  • 17 Jan 2025
The Financial Stability Board (FSB) has released an important report titled Assessment of Climate-related Vulnerabilities: Analytical Framework and Toolkit,.
Exclusive Attesting time for financial services
  • Article
  • 01 Jul 2024
ICAEW’s Financial Services Faculty highlights the potential implications of the new Corporate Governance Code attestation requirement on banks and insurers.
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Representations

ICAEW REP 048/25 IFRS Exposure draft - Amendments to greenhouse gas emissions disclosures - Proposed amendments to IFRS S2
  • Representation
  • 27 Jun 2025
  • PDF (258kb)
A representation dated 27 June 2025 to a consultation published by International Sustainability Standards Board on 28 April 2025.

ebooks

Exclusive Environmental accounting, sustainability and accountability
  • 01 Jan 2019
The book closely explores how organizations can embed care for the environment as fundamental to their functioning... [and] covers traditional accounting as a measuring instrument, contemporary advances and unresolved problems, alternative perspectives and recent developments.
Exclusive Principles of sustainable finance
  • 20 Feb 2019
Combines theory, empirical data, and policy to explain the sustainability challenges for corporate investment.
Exclusive Quantitative methods for ESG finance
  • 08 Jan 2023
An introduction to ESG finance from a quantitative analyst's perspective. Combines the theoretical and quantitative basis underlying risk factor investing and risk management with an in-depth discussion of ESG applications.
Exclusive Six Capitals: capitalism, climate change and the accounting revolution that can save the planet
  • 28 Apr 2020
Six Capitals charts the rise of four movements: multi-capital accounting, for society, nature and profit; the push for a new type of corporation legally bound to benefit nature and society while making a profit; ecosystem accounting for nations; and legal rights for nature.
Exclusive Practical sustainability strategies: how to gain a competitive advantage
  • 31 Mar 2020
Contains guidance on sustainability strategies and tools to improve competitive business advantage.
Exclusive Environmental reporting
  • 01 Jan 2013
Covers on environmental reporting requirements in the UK, including the measurement of environmental impacts.
Exclusive Creating value in a regulated world: CFO perspectives
  • 05 Oct 2006
A guide to handling regulatory and reporting demands for senior executives.

Sustainability Summit 2025

This two-day summit is designed to provide finance professionals with the practical insights and strategies necessary to lead on sustainability.

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