For years Governments, nonprofits, and philanthropic foundations have attempted to address societal issues with limited success. Despite spending billions of dollars each year, many parts of our country have seen little long term systemic change. Although this work has lead to a number of innovative solutions to many of our most challenging issues, it may […]
The foundation of a responsible Financial Institution is to understand the carbon impact of its investments. The carbon accounting of an FI enables it to plan, report, and reflect on its strategy for responsible investing. However, there has been no standard accounting system for carbon or GHGs. Now, through a collaboration with a number of North American values-based banks, an accounting system has been devised. This system enables banks to account for the carbon associated with different asset classes, based on the size of their investment.
This panel will present the approach, and how banks are using it to create a foundation for responsible investing.
THe following folks are part of this initiative and will likely join:
Erin Kilmer Neel | Executive Director + Chief Impact Officer
Beneficial State Bank
Marilyn Waite, Hewlett Foundation
Ivan Frishberg, VP, Amalgamated Bank
Ryan W. Bjorkquist
Director, Environmental Stewardship
MUFG Union Bank, N.A.