Rabobank’s climate and nature approach
Climate change and nature loss undermine the resilience of our planet and its ability to recover. It affects everyone, everywhere. Rabobank clearly recognizes the gravity of the situation. But it also believes it can play a role in the transitions that are needed. That is why the bank’s sustainability strategy is about: acting on climate, valuing nature and enabling people.
Marie-Claire Franzen, Lead Nature, and Luke Disney, Lead Climate, explain more about Rabobank’s sustainability approach to Nature and Climate
In this video Marie-Claire Franzen (Lead Nature at Rabobank) and Luke Disney (Lead Climate), both part of Group Sustainability [of extern: both part of Rabobank Group’s sustainability team], explain more about Rabobank’s approach on climate and nature. “Our vision is that by 2030 we want to integrate nature into our core banking processes as well as progressively adapt our policies and portfolios towards global nature targets”, says Marie-Claire Franzen. “For climate we are aiming for the Paris goals for 2050. We want to have our portfolio completely aligned with these goals”, Luke Disney adds.
Franzen and Disney talk further about how Rabobank helps its customers with the transition to more sustainable solutions. It is always about first measuring, then benchmarking and then target setting and taking action. “The total system needs to change, and banks are one of the key players in that system”, Disney says. “We have a responsibility to be prudent who we lend money to and for what type of activities.”
TNFD, PCAF and SBTN: welcome to the world of abbreviations
If you talk to Marie-Claire or Luke, you will regularly hear an abbreviation in the conversation: CSRD, SBTN, TNFD, PCAF. They routinely throw around terms that probably don't mean anything to most outsiders. "Yes, we use a lot of abbreviations around climate and nature," Marie-Claire admits. "But they are useful and relevant to us. It helps us measure, benchmark and target things."
Read the article about Rabobank's global nature vision and approach here.
Read the article about a quick look at Rabobank's acts on climate here.