Climate change
To keep global warming below 1.5° Celsius, we as a society must reduce our carbon emissions now. ABN AMRO acknowledges that its activities contribute to greenhouse gas emissions, mainly through the financing we provide. We undertake various initiatives to reduce our negative impact.
Climate action
As a bank, we make the biggest impact by supporting our clients in becoming more sustainable. We do this by offering advice and developing sustainable products and services – to help clients make their homes and businesses sustainable, for example. And through sustainable investment solutions. We’re also working to reduce our own footprint, of course, and investing in areas like the energy transition.
Climate strategy
Our climate strategy presents our principles, priorities and key levers. It sets out how we are aligning our portfolios with limiting global warming to a 1.5°C scenario and supporting the transition to a net zero economy by 2050.
ABN AMRO has set emissions reduction targets for carbon-intensive sectors that are material and significant to our organisation. We have set targets and ambitions across our lending portfolios, operational activities and client asset portfolios, with a focus on responsibly reducing carbon intensity.
ABN AMRO uses three decarbonisation levers to implement specific actions aimed at achieving climate targets for each sector:
We engage with clients and offer financing solutions to support their journey to net zero.
We ensure our processes and policies are aligned with net-zero targets, enabling us to assess risks and challenges to meeting reduction targets and transition risks.
We engage with industry and governments to raise awareness and promote sector-wide change.
We will be providing regular updates on our targets and fine-tuning our plans as regulations, technologies and methodologies evolve in the coming years.
Climate initiatives in the news
Making real estate more sustainable
Real estate accounts for more than 60 per cent of our loan portfolio. Energy use in these homes and offices generates large quantities of carbon emissions. But by helping our clients make these buildings more sustainable, we can contribute together to reducing these emissions.
Making homes more sustainable
We’re helping our clients make their homes more sustainable with the online Energy Savings Check, tailored advice and attractive financing.
Commercial real estate
We’re also helping businesses make their premises more sustainable. Together with our partners, we help them get to grips with energy labels, legislation and regulations, and potential energy-saving measures – including an overview of costs, savings and financing options.
Sustainable financing and investment solutions
By leveraging capital for sustainable impact, we can make a contribution together with our clients to the planet and people. That’s why we offer clients a range of sustainable financing and investment solutions.