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That makes sense, and I like your level of focus. How are banks responding to your services? In insurance, we’re having a very soft market due to all the capit
by acmiller 8y ago
That makes sense, and I like your level of focus.
How are banks responding to your services? In insurance, we’re having a very soft market due to all the capital sloshing around the system. I imagine it can be challenging for lenders to impose significant risk controls when there’s alternative financing so cheaply available.
My wife works on climate change advocacy on the nonprofit side. Are you working with any advocacy organizations? Presumably they’re an important part of your approach.
- F3Life 8y agoTBH - climate silos and finance silos are difficult to merge. Different language, KPIs, incentives and concerns. We're trying though to reconcile the two! That said, banks are increasingly paying attention. The two drivers for this are: (1) Ratings agencies including climate factors in their ratings, and (2) G20 Financial Stability Board, Bloomberg Committee calling for voluntary disclosure of climate risk and mitigation steps by company boards.
- F3Life 8y agoAnd sorry to answer the other question: we work with NGOs, although not necessarily advocacy NGOs.