E82: Topofinance: How banking is the secret to gigantic climate action
Everybody in the Pool
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Banking on Climate Change
This chapter explores the often-unrecognized role of banking in exacerbating climate change through the funding of carbon-intensive industries. It reveals that the emissions generated from banking activities can surpass those of a company's operational practices, urging a reevaluation of financial choices. The discussion also emphasizes the necessity for collaboration between sustainability and treasury teams in corporations to align financial practices with climate goals.
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