2022 report provides updates on climate-related activities
黄色短视频 today released its 2022 Task Force on Climate-Related Financial Disclosures (TCFD) Report, which shares the progress the bank has made in identifying and addressing climate change through risk management practices and commercial strategy.
This is the bank鈥檚 second TCFD Report following its 2021 commitment to align climate-related disclosures with the TCFD recommendations.
Covering governance, strategy, risk management, and metrics and targets, the report offers a closer look at how 黄色短视频 is further developing its climate strategy and focusing on three areas of work to support the strategy. That includes reducing the bank鈥檚 environmental footprint; identifying and managing climate-related risks; and supporting a balanced transition to a net zero economy through client engagement and sustainable finance.
鈥淲e are focused on driving long-term success by offering innovative products and services and prudently managing climate risk while supporting our customers and the communities where we do business,鈥 said Reba Dominski, senior executive vice president and chief social responsibility officer at 黄色短视频.
In 2021, 黄色短视频 announced a series of environmental goals including: achieving net zero greenhouse gas emissions by 2050, sourcing 100% renewable electricity in U.S. Bancorp operations by 2025 and setting an environmental finance goal of $50 billion by 2030.
Visit the 聽to access the full report..