From the conversations we are having with executives and board members in the financial sector, net zero commitments start with understanding how a company aligns itself with respect to scope 1, 2 (buildings, transportation of employees, electricity, waste management, etc.) and scope 3 (financial products).
“Setting” commitments are an important first step, execution of net zero strategies is where the rubber meets the road. From our perspective, net zero commitments need to be accompanied with proper incentives. For instance, tying capital to ESG KPIs via sustainability-linked loans can help to accelerate corporate timelines, as well as provide…