Changing the way financial institutions approach the climate crisis
Peiyuan Guo of Syntao explains that financial institutions must apply a climate lens to their work to be proactive rather than reactive to the climate crisis. These institutions can also leverage their power to influence industry to address the climate crisis.
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“Financial institutions can create pressures or incentives for the industrial corporations to react to climate change. It is also in the interest of financial institutions to better manage their climate-related risk and opportunities.”
