16 Dec 2015 10:21

SEB joins the Paris Pledge for Action

SEB joins the Paris Pledge for Action, where major cities, regions, companies and investors from around the globe representing 150 million people and 11 trillion dollars, promise to quickly and effectively help implement the Paris Agreement and accelerate the transformative changes needed to meet the climate change challenge.

Last week at COP 21 in Paris, governments of the world united in action on climate change by adopting the Paris Agreement, the first universal, legally binding climate deal. This agreement will drive change in order to keep global temperature rise well below 2 degrees Celsius and open the door to a low-carbon, stable, sustainable future.

The Paris Pledge for Action states:

“We welcome the adoption of a new, universal climate agreement at COP 21 in Paris, which is a critical step on the path to solving climate change. We pledge our support to ensuring that the level of ambition set by the agreement is met or exceeded.”

Cecilia Widebäck West, head of Sustainability at SEB welcomes the pledge:

“As a bank, SEB has an obvious role in this work and the pledge sends a clear signal that many actors now are ready to work with governments to find ways to implement the goals of the agreement. It is also an opportunity to limit global temperature increase to well below 2 degrees Celsius and to raise our ambitions even before the agreement come into force in 2020.”

The Paris Pledge for Action is an initiative of the COP21 French Presidency managed by the University of Cambridge Institute for Sustainability Leadership.