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bank to commit to net-zero emissions generated from its financing activities by 2050. . I’ve spoken to many corporate sustainabilityprofessionals that say they don’t publicize their climate commitments. Because yahoos such as me write critical columns about how they’re greenwashing or failing to do enough.
Eric Lam 26, Gatineau, QC economic advisor on energy transition and finance, Environment and Climate Change Canada Between 2019 and 2021, private banks and financial institutions invested US$1.5 He also advises public banks on greening their investments. trillion in coal. Eric Lam is trying to put a stop to that.
The impact work that in the past may have been underfunded and under-emphasised is now the remit of full-time impact professionals, not interns or consultants. In fact, impact and sustainabilityprofessionals are increasingly reaching C-suite positions.
As such, net-zero could soon be in the crosshairs of activists eager to point out corporate greenwash. Bank of America CEO: Each public company needs to reach carbon zero. That is, no single standard governs the way net-zero is defined or measured, or how it should be communicated. Help could be on the way.
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