Managing the risk of climate change within banks may rest on interpreting carbon intensity correctly
Carbon intensity is a much-quoted, but deceptively nuanced metric. The banking sector needs to understand it fully for carbon disclosures and risk management. Carbon Intensity is a common metric for comparative carbon auditing… CI, as a metric, represents the amount of carbon emitted per unit of activity. This is typically expressed as ‘KgCO2 per unit’, […]
Banks need to square the circular economy or risk significant credit losses
Moving towards a circular economy is central to fighting climate change. This represents risks and opportunities for the banking sector. Defining a circular economy… The term circular economy is widely used within the discussion around addressing climate change. It has a specific place in the detailed plans of governments, such as the EU, as they […]
Banking is the foundation of sustainable buildings
It is imperative for banks to work with developers to ensure a sustainable built environment As the COP26 conference in Glasgow approaches, governments around the world are seeking solutions to enable them to meet their self-set targets to create a CO2-neutral world by 2050. Spending commitments in Europe & the US are already colossal, but […]
