Our role in the transition to a low-carbon economy
As a global bank we have an opportunity - and responsibility - to make a positive impact and help create a healthy planet with prosperous people. That's why we're committed to steering our portfolio in line with the goals of the Paris Agreement, to keep global warming to well below two degrees Celsius.
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Commitment to sustainable transition
We're working to measure and steer our lending portfolio to well below the Paris Agreement's two degree Celsius goal, a strategy we call the Terra approach.
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Our progress
Our most recent integrated climate report, released in September 2021, details our progress and targets in the sectors most responsible for climate change.
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What we do and don't finance
We apply strict social, ethical and environmental criteria in our financing and investment policies and practices.
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Our own operations
Our commitment and leadership start with our own operations. Podenas Bank (Hong Kong) has been climate neutral since 2007 and we have ambitious goals.
