Science Based Targets initiative – Financial Services Industry perspective

As pressure from customers and investors to take action to reduce environmental impact increases, so does the level of demands placed on company management. Making increasingly ambitious climate commitments requires organisations to accurately calculate their greenhouse gas (eng. GHG) emissions across all three scopes (Scope 1-3), and to consciously define decarbonisation targets with an estimate of the necessary costs to meet them. It is not different for the financial services industry, which is increasingly focused on ensuring their business model and financed portfolio aligns with the net-zero objective.

Join us as we bring together several eminent Deloitte subject matter experts along with speakers from the industry to explore the topic of SBTi and decarbonization in the FSI context.

During the webinar, we will:

• Elaborate on setting decarbonization targets for FSI,
• Provide an overview of the Science Based Targets initative and SBTi methodology,
• Discuss the links between PCAF, SBTi, Net-Zero Banking Alliance and PACTA,
• Present a case study exploring banks challenges and priorities with SBTi.

Our webcast will last for 1 hour.

Speakers:

Nate Aden, Financial Sector lead at the SBTi

Nate Aden leads the Science Based Targets initiative’s work with financial institutions. He has been with SBTi since 2015 and over the years has contributed to the technical foundations of the initiative, including previously leading the chemicals sector work. In addition to SBTi, Nate is a Senior Fellow with the World Resources Institute’s Climate Program.

LinkedIn profile: Nate Aden - Finance Sector Lead - The Science Based Targets initiative

Cynthia Cummis, S&C expert lead, Deloitte US. Formerly Director at the World Resources Institute, Co-founder and Co-leader of the Science Based Targets initiative

Cynthia Cummis is the Sustainability & Climate expert leader in Deloitte US. Previously, she had worked at World Resources Institute (WRI) as Director of Private Sector Climate Mitigation. She is a well-known expert in GHG accounting and brings more than 20 years of experience working on the issue of global climate change.

LinkedIn profile: Cynthia Cummis - Sustainability and Climate Expert Leader - Deloitte

Hans-Jürgen Walter, Global Leader Sustainable Finance, Deloitte

Hans-Juergen is the Global Sustainability Leader for the Financial Services Industry within DTTL’s World Climate initiative. He has more than 25 years of experience in the financial services market and advises his clients in the fields of Business and IT strategy and transformation, risk management and regulatory topics.

Deloitte profile: Hans-Jürgen Walter - Sustainability Leader

Irena Pichola, Partner, Sustainability & Economics Consulting Central Europe, Deloitte

Irena has more than 20 years of professional experience in sustainability, climate change, economics, and public sector. She is a Partner at Deloitte, responsible for Sustainability & Economics Consulting Central Europe practice (17 countries across Central Europe) which she established and developed over the years. During this time, Irena delivered more than 1000 assignments of different kinds for both public and private sector advising on strategic transformations, decarbonization, stakeholder management, and disclosures to name a few. She is heavily involved in the business-government cooperation related to sustainability challenges and led flagship projects involving national priorities and strategy related to Sustainability.

Tomasz Gasiński, Director, Sustainability & Economics Consulting Central Europe, Deloitte

Tomasz has over 20 years of professional experience in environmental & climate management, risk management and sustainable development. Currently acting as a Director in Deloitte Risk Advisory - Sustainability consulting for CE region, responsible for development of methodologies and business within decarbonization, climate change and ESG risks. For many years he has been involved in promoting the concept and practical application of risk management and sustainability. He is experienced in project management as he worked for Polish and international organizations (among others Det Norske Veritas DNV and LOTOS Group).