Joining Together to Reduce our Environmental Impact
While sustainable finance is a key issue and policy area in the funds and asset management industry, we are also focused as an industry on implementing sustainable business practices within companies.
The Green Team Network
The Green Team Network is an initiative arising from our industry’s Sustainathon 2020 initiative and provides a forum for connecting and empowering Irish funds Industry firms and staff to support change towards a sustainable environment. It is a place for industry participants to pool their ideas, resources and campaigns, resulting in savings on time, effort and cost across the industry. In this way, we can join together to reduce our environmental impact and increase our sustainable actions.
The Green Pledge
The Green Pledge was launched by the Green Team Network and encourages and supports firms in the industry to take action on sustainability issues affecting their business and to promote those actions they have already taken. To participate in the Green Pledge, firms select from a list of environmentally sustainable pledge-able actions. The initial goal of the Green Pledge is to produce statistics and allow firms to see how they compare across the industry on their environmentally sustainable actions.
How to make the Green Pledge
To make the Green Pledge, select from a list of environmentally sustainable actions. Tick all the pledges that are applicable to your firm by completing the online form. Completing the Pledge should take approximately 7-10 minutes. For more information on the firms already taking part and how your firm can take part please visit the Green Pledge website or contact the Green Team Network directly with any questions at firstname.lastname@example.org.
Once you have completed the Green Pledge, your entry will be reviewed and scored by The Green Team Network. Firms will be awarded a score dependent on the number of pledges completed and any weighting attached to a particular Pledge. Individual scores will not be shared publicly. There will be a bi-annual check in on progress with firms who have pledged. There will be no formal reporting at this stage of the Pledge and this will be revaluated as the Pledge matures. We hope that the Pledge will ultimately provide a platform for peer-to-peer information sharing on a broad range of environmentally sustainable initiatives.
Read more on our site about the Irish funds and asset management industry's focus on sustainable finance.