We are a small Swedish retail bank primarily focused on consumer loans and business leases.
A significant part of our operations involves B2B leasing agreements and based on our understanding of the new Portfolio Target Boundary requirement, this would fall under the 67% portfolio coverage rule.
This means a portion of our B2B leases is now within scope for SBTi target setting. However, as far as we know, there are currently no established methodologies for baselining this specific asset class. Therefore, we would like to ask the following:
Could you provide guidance on how to develop a CO2 emission baseline for B2B leases?