Environmental & Social Risk Specialist | Sustainable Finance Practitioner | UNEPFI certified E&S Risk Analyst|
As Eastern Bank PLC. (EBL), we are proud to have participated in the pilot project initiated by Joint Impact Model Foundation back in mid-2022. This journey toward integrating commercial banks into carbon accounting and transition planning initiatives has been transformative. Our partnership with JIM Foundation has enabled us to take significant strides toward sustainability. This year marks a significant milestone for EBL as we are disclosing greenhouse gas emissions for the first time at the portfolio level for 2023 through Carbon Accounting calculations in collaboration with JIM Foundation. This initiative showcases our commitment to environmental responsibility and transparency in our operations. We believe that by actively measuring and managing our carbon footprint, we can better understand our environmental impact and work towards reducing it. Thanks Joint Impact Model Foundation #CarbonAccounting #GreenHouseGasEmission #SustainableFinance
Did you know about the JIM Engagement Program (JEP)? 💡🌍 Back in mid-2022, the JIM Foundation initiated a project aimed at integrating commercial banks within the DFI/MDB/Impact Investor client base into the fold of carbon accounting and transition planning initiatives. After a successful pilot the project has evolved into a comprehensive program, now encompassing a remarkable 11 commercial banks. After more than a year of progress, we've gathered invaluable insights and are pleased with how the program is evolving. These 11 financial institutions exemplify dedication and collaboration, and we take great pride in our partnership with them on this journey toward sustainability. Keen to know more? Be sure to stay tuned for our upcoming blog post about the JEP, in which we will explore the valuable insights we have learned along the way. For more information about the JIM, go to our website: https://lnkd.in/g9R3_uU Grupo Mega, Banco Pichincha, PRODUBANCO - Grupo Promerica, Ecobank Transnational Incorporated, FirstRand, I&M Bank Ltd, Bank of Georgia, NMB Bank Ltd., Eastern Bank PLC., Khan Bank, VPBank, ASOBANCA, Nepal Bankers' Association (NBA), FMO - Dutch entrepreneurial development bank, British International Investment, Proparco, FinDev Canada, DEG, OeEB Oesterreichische Entwicklungsbank AG - The Development Bank of Austria