Climate change
Climate change
The problemThe emission of greenhouse gases causes the climate to heat up, causes weather changes and rising sea levels. Low-lying cities are in danger of flooding and agriculture in poor countries will become even more difficult. On top of this, 15 to 40 percent of all plant and animal species are threatened with extinction.
The solutions
Climate change can stop if every company reduces its greenhouse gas emissions. The energy sector, construction companies, industrial manufacturers and transport companies should radically switch to clean sources of energy (like solar, wind, hydropower) and energy efficient technology. In 2050, total emissions should be 50 to 85 percent less than in 1990.
The ideal bank policy
The ideal bank:
- Tracks its own greenhouse gas emissions
- Sets specific targets for reduction
- Invests less money in oil, gas and coal; more in solar, wind and hydropower
- Stimulates companies to work towards an environmentally friendly economy
- Lends money to poor countries, for example for agricultural improvement
- Does not finance controversial energy sources like nuclear energy.
Score explanation:
The Rabobank’s policy is geared towards measuring and reducing the greenhouse gas emissions by companies financed by the bank. The bank takes specific steps to shift financing towards ‘clean’ energy, the preparation of poor countries for climate change, and a climate-friendly economy.
Score explanation:
Triodos only finances ‘clean’ energy, such as solar, wind and hydropower.
Score explanation:
Aegon excludes companies that systematically violate the principles of the UN Climate Change Convention and the Carbon Disclosure Project. If other violations are reported, Aegon will discuss this with the client concerned.
Deze Eerlijke
Bankwijzer is een initiatief van: 
