Hilton is driving responsible travel through its Travel with Purpose commitment to cut the company's environmental footprint in half and double its social impact by 2030.
We help the financial sector with the process of setting a net zero commitment.
What is net zero for financial institutions?
Since the publication of the special report by the Intergovernmental Panel on Climate Change (IPCC), limiting global warming to 1.5 degrees celsius and achieving "Net Zero" has become synonymous with real and ambitious action on climate change – the ultimate goal for a greener future.
The financial sector is either voluntarily or through regulation increasingly pledging to net zero commitments.
To achieve net zero, financial institutions should tackle the problem from two ends: Reduce the operational carbon footprint and decarbonize lending and investment portfolios, in line with the latest environmental scientific advice.
How can South Pole help?
South Pole can help you navigate the process of setting and implementing such a commitment, in the following areas:
Net zero lending and investments: South Pole has a Paris alignment assessment tool for lending and investments portfolios
Transition and physical risks and opportunities: South Pole can help you define decarbonization pathways and understand risks within your portfolio, as well as setting relevant targets and KPIs to track progress.
