Decarbonising Investment Portfolios on the Journey to Net Zero
3BL Media
SEPTEMBER 29, 2023
CDP found that these financed emissions are on average approximately 700 times higher than the organisation's operational emissions. For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8 They can also divest from high-emitting industries such as thermal coal production.
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