https://reasonstobecheerful.world/net-zero-banking-sunrise-banks/
"Once an outdoor educator, Laura Wildenborg spent 10 years taking kids on field
trips to go rock climbing or cross-country skiing across the region, all to
inspire children to love and care for the environment.
After receiving her MBA in 2020, she made a drastic career pivot — to banking.
But she brought her care for the environment along with her.
“That love of the outdoors, that was such an important aspect of what I was
doing, and I wanted to carry that through into my next role,” says Wildenborg,
vice president of strategic lending for Sunrise Banks, a community development
financial institution based in St. Paul, Minnesota. “Finding myself at a bank,
I realized banks have incredible power to influence change.”
Wildenborg serves as a project leader for Sunrise Banks’ net zero banking
initiative, which launched in July 2024. Net zero banking refers to the
investment in projects that will reduce or eliminate carbon emissions.
Customers of the bank can opt in and allow their deposits to be loaned out only
to net zero projects. Since launching its net zero program, Sunrise Banks has
received $5.5 million in deposits and has loaned out nearly $22 million.
Sunrise Banks started the initiative as part of its commitment to reach net
zero emissions by 2050, and to align with the Paris Agreement, an international
treaty to limit global temperature increases by decreasing greenhouse gas
emissions. (President Donald Trump withdrew the United States from the
agreement just hours after taking office.)
As of now, Sunrise Banks customers can only participate in the program through
deposits, but the bank plans to expand the program this year."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
