In addition, we’re providing finance to accelerate climate change solutions and building global partnerships to help channel investment swiftly towards sustainable projects.
And as we transform our own operations and supply chain to net zero by 2030 or sooner, we’re asking our suppliers to do the same.
Climate collaboration (duration 1:24) How we’re helping customers reduce their emissions
Our climate policies and targets
We will align our financed emissions - the emissions produced by the customers and projects we finance - to net zero by 2050 or sooner.
We have set on-balance sheet financed emissions targets to 2030 for key carbon intensive sectors. Our targets include a commitment to phase down our fossil fuel financing in line with what’s needed to achieve net zero by 2050. In the meantime, we continue to support energy clients that take an active role in the energy transition, helping to finance and invest in the technologies and infrastructure needed to succeed. We engage closely with our clients on their transition plans, which helps us to track our own progress towards net zero by 2050.
