Read Short Report.pdf

Smart-Data-Foundry-B4NZ-Scoping-Exercise-short-report-September-2022-Final-version.pdf
Preview of Read short report
🔗 Source: bankersfornetzero.co.uk
📊 Size: 835 KB
👤 Author: Rui Cardoso
⬇️ Downloads: 195

Summary

The UK has committed to Net Zero carbon emissions by 2050, and banks have a crucial role in reducing GHG emissions from their SME clients. A scoping exercise was conducted to address how banks can assess and reduce SME GHG emissions, encourage behavioral change, and implement a system to gather data and measure emissions. The exercise identified barriers to transition for SMEs, including scarce resources and lack of awareness, but also drivers of change such as organisational culture and customer preference. A long-term plan and immediate set of actions were proposed, including segmenting SMEs, defining data standards, and creating awareness and incentives to reduce emissions. The goal is to have a working pilot model after 12 months that can be rolled out to SMEs in the UK and support a just transition to Net Zero.

Description

The UK has committed to Net Zero carbon emissions by 2050, and banks have a crucial role in reducing GHG emissions from their SME clients.

Technical Information

  • File Format: PDF
  • File Size: 835 KB
  • Pages: 20
  • Language: EN
  • Author: Rui Cardoso
  • Total Downloads: 195
  • Last Updated: 4 weeks ago

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