131 global banks have committed to publishing transition plans via the Net Zero Banking Alliance within a year of setting targets. Investors are still not seeing everything they want in transition plans and asked for more information during this past proxy season. Speakers on the panel discussed guidance available to help banks develop transition plans and unique resources different organizations can provide.
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Banking on Net Zero: Proper Transition Planning
2. VAL SMITH
CSO
Citi
BLAIR BATESON
(MODERATOR)
Director, Company Network
Ceres
LIZZY HARNETT
Research & Impact
Expert
RMI
ALEX LIFTMAN
Global Environmental
Executive
Bank of America
Banking on Net Zero: Proper Transition Planning
June 27, 2023
BETH GOULD CRELLER
SVP, Sustainability &
Climate Risk Program
GARP
3. 131 global banks have committed to publishing transition plans via the Net Zero Banking Alliance:
Within a year of setting targets, disclose progress against a board-level reviewed transition strategy setting
out proposed actions and climate-related sectoral policies.
There is a lot of guidance to help banks and other companies develop transition plans, but investors still
arent seeing everything they are looking for and asked for more this proxy season.