Finance

The document argues that finance professionals can significantly impact the climate crisis by directing corporate funds toward climate solutions and divesting from fossil fuels. It asserts that divesting does not lead to negative financial performance, citing BlackRock's findings that institutions with strong environmental records often have better social impact and corporate governance. The guide offers specific steps for banking, lending, insurance, and cash management, such as prioritizing banks that prohibit loans to coal and oil industries and shifting employee retirement plans to climate-safe options. It also lists various reporting standards and tools, including SASB, TCFD, and GRI, to help companies disclose climate risk and greenhouse gas emissions.

• Global efforts to keep atmospheric warming below 2°C require an annual mobilization of US$4–5 trillion, which is eight times the current spending level.
• Divesting from the fossil fuel industry does not result in negative financial performance for investors, as institutions with strong environmental track records typically demonstrate stronger corporate governance and social impact.
• Finance professionals can integrate climate action into their roles by directing decision-makers toward banks that calculate financed emissions and prohibit loans to the coal, oil, gas, and tar sands industries.
• Corporate financial risk and climate impact can be managed by evaluating the sustainability of insurance carriers, shifting default retirement options (such as 401(k)s) to climate-safe funds, and using accounting standards like SASB, TCFD, and GRI for disclosure.

APA

Project Drawdown (n.d.). Finance. https://drawdown.org/job-function-action-guides/finance

Chicago

Project Drawdown. Finance. n.d. https://drawdown.org/job-function-action-guides/finance.

Wikipedia

{{cite report |author=Project Drawdown |title=Finance |url=https://drawdown.org/job-function-action-guides/finance |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{projectdrawdownndfinance, author = {{Project Drawdown}}, title = {{Finance}}, institution = {Project Drawdown}, url = {https://drawdown.org/job-function-action-guides/finance}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }