Event Details

Despite welcomed statements and announcements by some banks ahead of COP21, there remains a huge divide between current practices of banking institutions and the financial sector’s potential to support the transition to a low-carbon future.

Confluence Philanthropy is pleased to host a webinar about Boston Common Asset Management’s Impact Report: “Are Banks Prepared for Climate Change?”. The report examines 61 of the world’s largest banks’ management of climate-related risks, and identifies the top 10 performers. Boston Common assessed the banks across three criteria: ‘risk management’, ‘climate change strategy’ and ‘opportunities’.

The results showed:

• Inadequate disclosure across the industry
• Some of the biggest banks are not at the table
• A $4.8 trillion opportunity not yet grasped

Speakers to include:

• Sonia Kowal (Moderator), President, Zevin Asset Management
• Lauren Compere, Managing Director/Director of Shareholder Engagement, Boston Common Asset Management and Lead Author of “Are Banks Prepared for Climate Change?”
• Peter Martin, Executive Director, Sierra Club Foundation
• Vincent Siciliano, President & CEO, New Resource Bank