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Decarbonizing Finance to Combat Climate Change

Published September 13, 2023

Measuring and disclosing “financed carbon emissions”—or Scope 3 emissions—by banks and financial institutions is critical for investors who seek to understand climate risk in their portfolios. 

New York City Comptroller Brad Lander is responsible for the management of over $240 billion in pension funds and is leveraging this role to drive carbon disclosure, including Scope 3 emissions, from the companies in which pension funds are invested. On September 13, 2023, Comptroller Lander joined Urban Green Council CEO John Mandyck for a conversation about his net zero plan and how finance can be a lever for decarbonization.

Following their discussion, a panel zoomed in to address the city’s largest source of carbon, the built environment, which accounts for 70% of emissions.

This event was co-hosted with the NYU Stern Center for Sustainable Business

NYU Stern CSB

Speakers

Sam Chandan
Director, Chen Institute for Global Real Estate Finance, NYU Stern School of Business
Emily Kreps
Global Head of ESG and Sustainable Finance, IB O&A; Head of ESG, Americas, Deutsche Bank
Brad Lander
New York City Comptroller
Sadie McKeown
President, The Community Preservation Corporation
John Mandyck (Moderator)
CEO, Urban Green Council