{"id":117172,"date":"2023-09-26T07:30:24","date_gmt":"2023-09-26T04:30:24","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/natwest-joins-un-backed-bankers-for-net-zero-initiative\/"},"modified":"2023-09-26T07:30:24","modified_gmt":"2023-09-26T04:30:24","slug":"natwest-joins-un-backed-bankers-for-net-zero-initiative","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/en\/news\/natwest-joins-un-backed-bankers-for-net-zero-initiative\/","title":{"rendered":"NatWest joins UN-backed Bankers for Net-Zero initiative"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\" method=\"post\" data-trp-original-action=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button\" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/en\/wp-json\/wp\/v2\/posts\/117172\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/en\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\nNatWest has joined Bankers for Net-Zero, the UK Country Chapter of the UN\u2019s Net-Zero Banking Alliance, in support of its target to halve its carbon emissions by 2030.<\/p>\n<p>The Bankers for Net-Zero coalition launched in 2019. It is dedicated to investigating the role of the banking industry in mitigating risks associated with the transition to a net-zero economy. It aims to ensure that policies, regulations, and financial mechanisms align to facilitate the transformation of all key industries within the UK economy. Members include Santander, HSBC UK and Triodos Bank.<\/p>\n<p>NatWest Group\u2019s head of climate change James Close said: \u201cUnlocking and mobilising the finance needed to support the UK\u2019s transition to net-zero will require the sector to de-risk the transition and ensure that policy, regulation and finance are all playing their part in enabling the UK economy to transform itself. \u201cBankers for Net Zero provides a complementary platform for banks to work together to address the climate challenge. We look forward to getting stuck in to support the group to drive change and leverage existing initiatives including Glasgow Financial Alliance for Net Zero (GFANZ) and the Transition Plan Taskforce.\u201d<\/p>\n<p>NatWest has pledged to create tools and pathways for customers to reduce energy bills, enhance the UK\u2019s energy security, and support businesses in seizing opportunities arising from the transition to a net-zero economy. In 2022, the bank introduced its Carbon Planner initiative to simplify the process for businesses to understand and reduce their carbon footprint.<\/p>\n<p>Last month, NatWest announced its partnership with the Supply Chain Sustainability School to provide a free retrofit learning platform for the construction sector, in an effort to reduce built sector emissions. Additionally, NatWest Group has committed to providing \u00a3100bn in climate and sustainability funding by the end of 2025.\u00a0 Over the past seven years, global banks have collectively channelled more than $5.5trn into the fossil fuel sector, while the progress towards the UN\u2019s Sustainable Development Goals (SDGs) has stalled, and in some instances, reversed. This situation has led to a funding gap of up to $137trn, posing a risk of failing to meet the 2030 deadline.<\/p>\n<p>Bankers for Net-Zero\u2019s director Heather Buchanan said: \u201cBanks and the business community have a real responsibility to push forward the decarbonisation agenda to help and support both retail and business customers as well as the wider UK economy. \u201cBut the just transition to a net-zero economy will not happen without the support of the financial services sector.\u201d<\/p>\n<p>In related news, Al Rayan Bank has declared that it has achieved operational carbon neutrality. Al Rayan Bank\u2019s chief executive officer Giles Cunningham said: \u201cWhile we are a relatively small UK bank with a low carbon footprint, it is still extremely important that we take our responsibilities seriously. \u201cTo become operationally carbon neutral is a significant milestone and marks the first step in our long-term plan to become a net-zero producer of CO2.\u201d<\/p>\n<p>The bank has partnered with Carbon Neutral Britain to offset 200% of its carbon dioxide equivalent (CO2e) emissions.The bank will compensate for double the amount of CO2e it generated in 2022, totalling 256.5 tonnes, through the acquisition of carbon offsets that actively support global reforestation and woodland management projects.<\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.edie.net\/natwest-joins-un-backed-bankers-for-net-zero-initiative\/\">edie.net<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/natwest-joins-un-backed-bankers-for-net-zero-initiative\/\">NatWest joins UN-backed Bankers for Net-Zero initiative<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[11596,555,11597,6663,402],"class_list":["post-117172","post","type-post","status-publish","format-standard","hentry","category-news","tag-bankers","tag-csr-news-en","tag-nat-west","tag-netzero","tag-un"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/117172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/comments?post=117172"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/posts\/117172\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/media?parent=117172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/categories?post=117172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/en\/wp-json\/wp\/v2\/tags?post=117172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}