Post by bonnasuttadhar225588 on Feb 15, 2024 7:01:53 GMT -5
According to WWF , we are currently living as if we have almost two planet Earths at our disposal, this is due to our extensive demand for natural resources. Consumption, production, transportation and how we obtain energy are some of the concerns that have led us to look for ways to reduce the environmental footprint of companies, one of the generators of impacts on the planet. Although many companies have generated climate strategies that promote the care of resources in their operations, efforts must be constant and joint. Currently there are initiatives that are in search of this, having excellent results in this matter; However, to accurately understand the topic, it is important to understand what the environmental footprint is. What is the environmental footprint? This is a term used by both the scientific and business communities to calculate the environmental performance of a product, service or organization, based on a life cycle approach; It takes into account the entire supply and demand of goods and services on the planet. To estimate it, we start by calculating the land, water or sea necessary to supply food, housing, mobility and goods and services. The results of the environmental footprint are given in the number of “planet Earths” that would be needed to support humanity if everyone continued the estimated lifestyle. Notably, the carbon footprint is the fastest growing part of humanity's overall environmental footprint: it represents 54% of the overall environmental footprint.
With the purpose of guaranteeing Namibia Email List the protection of the environment, Banco Santander - which is characterized by being Responsible Banking and having a great commitment to sustainability - has found 9 ways to reduce the environmental footprint of a bank, and has applied them in the institution financial, having effective results. We share them with you below! 9 ways to reduce a bank's environmental footprint 1. Net-Zero Banking Alliance The Net-Zero Banking Alliance is a group that was born in 2021 and is made up of 43 financial entities that currently represent approximately 40% of global banking assets.
This alliance, convened by the United Nations, seeks for its members to align their loan and investment portfolios with net zero emissions by 2050. Through such a commitment, signatory banks are seeking to set interim targets for 2030 or earlier, and to achieve this, they implement strategies that help the global transition of the real economy to net-zero emissions and meet the goals of the Paris Agreement . One of the founding members of this global alliance is Banco Santander, which sets the example from its trenches, through three actions: Align your portfolio to meet the objectives of the Paris Agreement: Implementing recommendations from authorities regarding climate and environmental risks; analyzing and updating environmental, social and climate change risk management policy; and collaborating with global experts such as UNEP FI, (IIGCC), (PRI) and others. Support the transition towards a green economy: Maintaining its leadership position in renewable energy and developing green products for its clients and SMEs Reduce the bank's environmental footprint: Eliminating single-use plastics in offices and buildings; using electricity from renewable sources; and raising awareness among its interest groups. Santander México has adopted this global commitment as part of its local strategy to achieve these objectives between 2030 and .