Banking on “1.5 Degrees”: Strategies for Banks to Manage and Reduce Their Impact on Climate Change

Large financial institutions provide significant financing to many high-emitting entities, such as fossil fuel companies and steel manufacturers. In order to limit their Scope 3 emissions and reduce their impact on climate change, banks are exploring strategies to mitigate their exposure to “financed emissions” associated with lending and investing activities. Banks can play a unique role in accelerating the transition to a low-carbon economy and meeting the global climate goal of less than 1.5-degrees of warming by providing capital towards sustainability innovations.  

Join us for a conversation with industry professionals leading the way through interdisciplinary strategy, innovative financial products, and the power of data analytics. During this event, the panelists will discuss the challenges to making an ambitious climate commitment, collaborative efforts towards building climate-aligned tools, and emerging solutions that are building traction.  The panelists will provide their insights on existing technical guidance, the regulatory context, and the future of their lending practices in a 1.5-degree climate scenario. 

The panel will discuss:

• The challenges, opportunities, and business case for making an ambitious climate commitment

• Collaborative efforts for peer banks and other stakeholders to build climate-aligned tools together.

• How to evaluate and deploy existing technical guidance and methodologies

• The future of data and analytics applied to lending in a net-zero world

• Emerging climate-aligned lending and financing solutions that are building traction

• The regulatory context that supports this work and emerging policies that will facilitate climate action in the banking sector

Our distinguished panel includes:

• Davida Heller, Senior Vice President, Sustainability & ESG, Citi 

• Jamie Martin, Executive Director, Morgan Stanley

• Herve Duteil, Chief Sustainability Officer, Americas, BNP Paribas

• Moderator: Emma Jenkins, Manager, Capital Markets, CDP

ICF Members can pre-register at no cost. Non-Members may join for a $15 registration. Membership is available at levels for $25, $50 and $95, learn more.

Login instructions for this Zoom videoconference will be emailed after your registration is completed.