Humanity is facing a triple planetary crisis of climate change, biodiversity loss and pollution, creating a complex web of challenges that must be addressed in a coordinated manner. Among these, pollution follows the principle of double materiality: it affects both society and ecosystems, and poses growing risks to financial institutions. However, banks can play a powerful role in reversing this trend by supporting clients that adopt resource-efficient and low-pollution practices. Doing so not only contributes to global sustainability efforts but also helps strengthen financial performance and resilience.
This series provides a practical starting point for banks to understand and address pollution risks and opportunities. The strategies presented aim to support banks in engaging in meaningful change towards pollution reduction and prevention, for impactful and lasting change. It also supports alignment with internationally recognized frameworks, including the Global Framework on Chemicals (GFC) and legally binding multilateral environmental agreements such as the Basel, Rotterdam, and Stockholm Conventions. The two sectoral supplements focus on sectors that contribute significantly to pollution, yet offer strong opportunities for transformation and impact, namely buildings and construction and agriculture.