South African financial institutions – such as banks and asset managers – mostly have dreadfully inadequate climate policies. Good policies would phase out all fossil fuels at a speed consistent with science-based emissions reductions targets. Paris-based NGO Reclaim Finance has built a great Coal Policy Tool that shows how well bank lending policies perform in respect of coal: in other words, how many climate criminals your bank is funding. We are working to have SA’s bigger asset managers included. Reclaim Finance also have an Oil and Gas Policy Tool, though this does not as yet cover South Africa.