Green financing is flooding climate-focused sectors

Banking, Green Finance, Member Exclusive, The Quarterly Review

The Quarterly Review: Citizen’s Rachel Mattes Greenberg on how her team is sprinting to success in order to meet the bank’s $50 billion Sustainable Finance target

• In April, Citizens' Head of Sustainability Rachel Mattes Greenberg, told me that she and her team were hard at work ensuring the bank meets its $50 billion in Sustainable Finance Target.
• Her strategy involved launching two ESG reports and helping Citizens' bankers engage high-emitting clients in conversation about sustainability. Now she is here to report how these efforts panned out and where she is expecting to go next.

Green Finance, The Quarterly Review

The Quarterly Review: How Citizens’ Head of Sustainability balances action and transparency in the bid to meet a $50 billion Sustainable Finance target

• Rachel Mattes Greenberg, Senior Vice President, Head of Sustainability at Citizens dives into how she and her team will be focusing on meeting the goals Citizens set as part of the company’s $50 billion Sustainable Finance target.
• Greenberg details how her team balances the dual act of achieving sustainability goals and the way they ensure the firm remains transparent about its progress in its communication. 

Green Finance

A Klarna case study: Sustainability as a business value and as a value for business

• Consumer products actively contribute to climate change, and ecommerce companies are playing their own role in worsening the climate.
• Klarna isn't turning a blind eye to its corporate responsibilities, encouraging conscious buying which underscores its efforts to combat climate change.

Green Finance

Carbon credits have potential…. and potential problems

• At our current of emissions we will surpass our carbon emission limits within the decade.
• Banks have a crucial role to play in this emerging industry of carbon offsets, but there are rising concerns about efficacy and transparency in this nascent space.

Green Finance

Most consumers are willing to pay more for green finance products, but banks can’t differentiate them

• Consumers are willing to put money where their convictions are when it comes to combatting the climate crisis.
• However, limited understanding of product offerings and inability to differentiate in green financial products may be leading to an intention-action gap.