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Climate change position statement
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Introduction

Climate change is an issue requiring urgent and extensive action on the part of governments, business and citizens – if the risk of serious damage to global prosperity and security is to be avoided.

Climate change poses both risks and opportunities to all parts of the business sector, and Nedbank believes in playing its part in increasing energy efficiency and reducing carbon emissions into the atmosphere.

Banks, in particular, have a crucial role to play in enabling the transition from a carbonintensive economy to more efficient lowcarbon alternatives.

Nedbank intends taking a leadership role by recognising that climate change is a major issue that affects the financial sector both directly through the operations we run and indirectly through our business investments.

Nedbank also recognises that climate change will pose future risks on its investments and will work directly with clients to mitigate these risks.

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This page was updated on 17 July, 2009 ArrowReturn to top