Including portfolio growth in monitoring performance against targets


I was wondering how it is best to approach the measurement of performance against targets by including portfolio growth in monitoring the level of financed emissions. E.g. if the base year stands at 100 financed emissions and the subsequent year this should drop to 98 according to the SBTi tool, while it actually increases to 103 due to the increase of financial exposure, should this increase in exposure be corrected in monitoring/measuring performance against targets? If so, what calculation approach is best suited for this?


Thanks for your question, and apologies for the delayed response. We currently developing a MRV protocol to answer these very questions about tracking progress. We will be launching a public consultation on methods available for tracking later in 2022 so would welcome your input once released.