Banking on the climate transition

Rachel Alembakis discusses the importance of collaboration between fund managers and banks

Australia’s major banks have pledged to reduce financing for fossil fuel projects misaligned with a net-zero future. While progress has been made in reporting Scope 1 and 2 emissions, transparency around Scope 3, particularly financed emissions, remains limited.

In the latest episode of The Greener Way, Rachel Alembakis, Stewardship Manager at U Ethical, discusses the importance of collaboration between fund managers and banks to align with the Paris Agreement and enhance data accuracy. 

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