cover image: Climate Change Disclosure of the Financial Sector /

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Climate Change Disclosure of the Financial Sector /

18 Sep 2018

Similar analyzing the impact of different groups on climate to other industries, conducting the primary change and climate change solutions is transparent activities of the financial sector leads to carbon reporting about impacts on climate change and emission generation through the use of energy, contributions to mitigate and adapt to climate water, paper and other environmental inputs change. [...] However, increasing focus has been of Twenty (G20), is addressing climate-related toward the climate change implications associated reporting in the financial industry and attempting with the financial products and services of the to establish standards to enable the industry to sector. [...] Similar Impact Investing and Reporting Standards (IRIS), to the positive inside-out view, Scholtens (2017) the GABV, the United Nations Environment argues that negative social and environmental Programme Finance Initiative (UNEPFI) and impacts should be measured and assessed in the United Nations Principles for Responsible order to understand the risks and impacts of the Investment (UNPRI) have gu [...] Thus, we will describe the current reporting on the direct carbon emissions that reporting practices of banks and the financial occur onsite and that are associated with the sector in general and the current limitations energy that they purchase, so-called scope 1 and in assessing climate-related performance. [...] A typical measure of impacts of the financial industry’s products and performance that has garnered support in the services are much higher than the direct impacts literature and practice is the carbon footprint.
environment climate change economics air pollution economy global warming climate change mitigation banking corporate social responsibility investments securities weather bank sustainable low-carbon economy ghg values financial effects of global warming lenders emission intensity carbon footprint carbon accounting interests
Pages
28
Published in
Waterloo, ON, CA

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