Patagonia’s Post

Discover how lenders and investors are seeking ways to reduce their carbon footprint to achieve environmentally beneficial outcomes while meeting investment objectives and financial returns. In our latest blog post, Holly Camisa, Maria Z. Cortes, Marcy Hart and Olufunke Leroy, of Holland & Knight LLP, discuss the growing concerns about climate change and the effect lending and investment decisions may have on the environment. Read the full article now: https://lnkd.in/enUVYnkX #thepracticalrealestatelawyer #environment #realestate #greenloans

40% of all greenhouse gas emissions globally are a result of the real estate sector, with physical and transitional climate-related risks presenting possible operational, credit and market implications. However, these risks are being addressed by real estate issuers who are proactively implementing strategies like climate-resilient infrastructure, climate risk assessments, and more. Read our latest commentary for a comprehensive outlook on the multifaceted challenges posed by climate change to the corporate real estate industry worldwide. Find it here: https://lnkd.in/d2KPGS2N #CRE #ESG

Great article by ShareAction on how banks should 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝘁𝗹𝘆 report their green finance activities. It shows the clear contrast between their claims and actual investments. It helped me to understand the 𝗿𝗲𝗮𝗹𝗶𝘁𝘆 behind 'green' financial practices and the urgency for genuine climate action. 💰🌱 #greentransition #greenfinance #greenwashing https://lnkd.in/eZhQKXpS

📽️ View a screening of the short film: 'Banking on a Wilder Tomorrow'. Afterwards, there will be a discussion with expert panelists from the Centre for Business, Climate Change, and Sustainability (B-CCaS) and RSPB Scotland, on the role that the finance sector has to play in addressing the nature crisis. 🌍Refreshments and snacks will be served, and there will be opportunities for networking. ➡️Register now: https://edin.ac/4744iwv #SustainableBusiness #SaveOurWildIslesBusiness #SaveOurWildIsles

In his latest Orlando Sentinel op-ed, Kenneth LaRoe, our CEO and Founder, details the importance of sustainability initiatives. 🌳 "Building a better tomorrow is a non-partisan issue. You don't have to be a Democrat or a Republican to want to pursue greener behaviors," said LaRoe. We're at a pivotal moment in the climate crisis, and now is the time more than ever for consumers and sustainable businesses to step up to save our planet. 🌍 At Climate First Bank, we know firsthand how individuals can make a difference in combating the climate crisis, and that one of the best ways to do that is by banking sustainably. 💙 Read the full op-ed at https://bit.ly/49OAkya 🔗 Climate First Bank is Member FDIC | Equal Housing Lender #climatecrisis #sustainability #finance #banking #fintech #climatechange #investment #ClimateFirstBank #GreenBanking #SustainableFinance #EcoFriendlyBank #RenewableBanking #ClimateSolutions #SustainableInvesting #EcoFinance #ResponsibleBanking #financialliteracy #finance #investing

Britain’s banks that are creating global standards to account for carbon emissions in bond or stock sale underwriting have voted to omit most of these emissions from their own carbon footprint, according to inside sources. If the vote is upheld, it would pit banks against environmental advocates. #CorpGov #BankingIndustry #Sustainability #ESG https://lnkd.in/eWv5Tnsj

I've been influenced by Paul Moinester's work well before we were friends and started partnering together to raise awareness around just how big of an impact where you bank has on the emissions of your company, and thus the planet. Now, the release of Topo Finance 's new Carbon Bankroll 2.0 shows these hidden emissions are much larger and more ubiquitous than we previously believed. As a result, companies have even more power to leverage their financial management as a force for climate progress. Changing where Compose[d] banks was one of the easier moves that we've made to work to affect change, and it's one that your company can to; probably one of the most important changes that you can make when it comes to climate. #climateaction #betterbusiness #bthechange #financedemissions #climatefinance

Service firms are not immune to climate change risk, despite often being less asset-intensive in comparison with principal industries. Issuers are under increasing pressure to disclose their climate impact and invest in efficient, low-carbon assets and processes, and the firms that fall behind could face material risks over time. Read our latest #ESG commentary for more on how climate change could impact the credit profile of service firms via the link below. More here: https://lnkd.in/eETzzM6J #DiversifiedIndustries

In 2021, when James Vaccaro and I started measuring the emissions stemming from corporate cash and investments, we knew we had stumbled onto something big. Our initial calculations floored us, but the magnitude of our discovery was validated when climate luminary Bill McKibben told us we had uncovered "the largest remaining source of huge and hidden carbon emissions in our economy." It was pretty crazy confirmation that our nascent idea to catalyze the transformation of the financial system was on track... However, as Topo Finance's new Carbon Bankroll 2.0 shows, these hidden emissions are much larger and more ubiquitous than we previously believed. As a result, companies have even more power to leverage their financial management as a force for climate progress. Since publishing Carbon Bankroll 1.0, a growing wave of companies and institutions are making their financial management a cornerstone of their sustainability work and creating real impact. We are excited to feature the groundbreaking work of leading companies Atlassian, Patagonia, and Seventh Generation in the report and to share guidance on the seven key steps companies' can take to leverage this historically overlooked climate power. As the report reveals, this burgeoning movement has the potential to be world-altering: the financial system will determine our climate future, and companies possess unparalleled power to shift this system toward a climate-safe future. That’s why we wrote this report: to inspire and enable all companies to leverage their trillions of dollars in cash holdings to catalyze a more just, regenerative world. A big thank you to our supporting partners for helping make this report happen: WBCSD – World Business Council for Sustainable Development, Exponential Roadmap Initiative, Futerra, Pure Strategies, Inc., BankFWD, and Climate Safe Lending Network. And a special thank you our incredible Topo Finance team who undertook this herculean endeavor: Rebecca Self, Joel A., Patrick Flynn, James Vaccaro, Quinntavious Williams, Blake Helman, Joy Metcalf, Susanne Orton, and Jamie Beck Alexander.

Where are you banking? This question hasn't gotten asked enough in the climate space but could be one of the most important questions in corporate sustainability. USE YOUR LEVERAGE with the banks ---> Have a MASSIVE impact on oil & gas finance.