More than one year on from the launch of the Glasgow Climate Pact at COP26, what is the status of banking sector alignment on net-zero targets? EcoAct and members of the Net-Zero Banking Alliance discuss how banks are preparing for the assessment of climate transition and physical risks across their investment and lending activities. We explore the steps leading banks are taking in order to achieve net-zero emissions by 2050 and protect biodiversity. Experts explain how interim climate targets are being reassessed in response to volatile energy markets and new technology. Speakers discuss how banks can address the increasing scrutiny their climate plans face from investors, as well as opportunities presented by the massive spending required for the green transition.
Watch the recording to:
– Learn how different banks are implementing their net-zero plans
– Understand the challenges facing banks, including access to relevant data and working in conjunction with clients’ transition goals
– Explore the issue of greenwashing and the importance of robust targets to ensure credibility with regulator, clients, and investors
– Hear how banks can capitalise on the estimated $275 trillion of spending that will be required to hit net-zero by 2050
Guest speakers:
– Kerry Constabile, Managing Director, Global Head of Sustainability Strategy and Net Zero, Standard Chartered Bank
– Ivan Frishberg, Chief Sustainability Officer, Amalgamated Bank
Hosts:
– Hamish Stewart, Principal Consultant, Sustainable Finance, EcoAct
– Catherine Chisem, Senior Consultant, Sustainable Finance, EcoAct
Choose EcoAct for industry-leading expertise in climate strategy and sustainability solutions. We’re here to guide your business through every step towards achieving your sustainability goals while supporting your operational success and market reputation.