Managing Financed Emissions: How Zero Empowers Financial Institutions to Take Decisive Climate Action
By Nigar Salmanova on October 17, 2024
The financial sector faces a critical challenge in managing financed emissions—the carbon footprint linked to their lending, investment, and insurance portfolios. With banks holding an estimated $4.6 trillion in carbon-intensive assets, potential losses could reach $20 trillion if the Net Zero transition is mismanaged. However, financial institutions often struggle with inaccurate data, inconsistent reporting standards, […]
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