New guide helps financial institutions to address deforestation
AP2 and Climate & Company, Germany’s leading Sustainable Finance Think Tank, have jointly developed a new guide that will make it easier for financial institutions to do due diligence on deforestation. The guide contains clear guidelines, a practical step-by-step approach and helps financial institutions to make deforestation-related data actionable and due diligence more efficient.
“As financial institutions, we face significant financial risks from deforestation. As investors and owners in companies that have an impact on these risks, we have the responsibility and leverage to support a sustainable transition for climate and nature”, explains Asa Mossberg, Head of Sustainability and Communication at AP2.