DLL at Climate Week 2024

Climate Week NYC matched our energy…

Our attending members jumped right into the event atmosphere of collaborative learning, diverse perspectives, and teamwork in support of a more sustainable future.

Climate Week NYC CWNYC stands as a leading annual event focused on climate issues, organized by the Climate Group alongside the United Nations General Assembly. This gathering brings together influential figures from business, government, and civil society to promote climate action and advance sustainability goals. With over 600 sessions, including panels, workshops, and announcements, CWNYC provides both in-person and virtual participation opportunities, featuring contributions from the organizing committee and various sustainability-focused organizations.

Adrian Leach took part in the Collective for Clean Transport Finance: 2024 Investors Roundtable, an event spearheaded by the World Business Council for Sustainable Development (WBCSD) in collaboration with the Sustainable Markets Initiative and supported by BloombergNEF and Smart Freight Centre. Check out his insights in the WBCSD-issued press release we were able to be featured in.

With the aim to be the ‘transition partner for a better world’, sustainability continues to be a priority and an integral part of DLL’s corporate strategy.

Learn about our team’s memorable moments and key takeaways in NYC.

Adrian’s Top Takeaways from his participation in the Collective for Clean Transport Finance: CEO and Investor’s roundtable

Clean Transport Finance Solutions

• Incorporating asset finance companies into strategic discussions introduces critical insights and innovative solutions that have traditionally been the domain of banks.
• The asset finance sector can help reduce the Total Cost of Ownership (TCO) for commercial electric vehicles, effectively bridging the gap with fossil fuel alternatives. By providing targeted financing for charging infrastructure, we can significantly accelerate the deployment of electric vehicle charging stations, thereby freeing up traditional bank lines for other strategic investments.
• Furthermore, by leveraging aggregated demand, we can develop and implement financial products and solutions that would otherwise remain inaccessible to many organizations.

Top Takeaways

Nature risk and nature-based solutions

• It’s been shared that nature-based solutions have the capacity to solve a third of greenhouse gas intensity, but there are several gaps identified in current frameworks not allowing scaled investments to reach full benefits. One of these gaps is not a lot of incentives for companies to work collectively to achieve goals.
• According to Carbon Disclosure Project (CDP), only 20% of financial institutions are tracking their nature risks. However, this is increasing now, largely due to the launch of the Taskforce on Nature-related Financial Disclosures one year ago. We also see that disclosure does bring action.
• There’s been much dialogue focused on how nature risk IS financial risk, as well as the importance of financial institutions in advancing opportunities to unlock the power of nature in mitigating that risk. To push this agenda forward, we need to emphasize two things: finance and partnerships. DLL is uniquely advancing these topics because we live in the intersection between the two. We can and do work with partners across many sectors to help support the change we need to see in the world.

Top Takeaways

Data collection and regulatory roadmap

• The challenge of data collection and regulatory harmonization persists for many global organizations. For instance, while EU policies are established at the regional level, their implementation falls to individual member states. Experts increasingly argue that the focus should shift from gathering more data to establishing consistent guidelines for data collection across different markets.
• The absence of financial institutions in discussions about sustainable finance is a significant oversight. When conversations about blended finance are dominated by public sector perspectives, the private sector’s crucial insights are often missing. Additionally, the increasing public scrutiny and regulatory pressures underscore the necessity of integrating sustainability into business operations. DLL’s extensive experience positions it well to lead these critical discussions.
• Companies with robust stakeholder engagement are 30% more likely to meet their sustainability targets. This highlights the essential role of involving diverse stakeholders in the transition process. Government endorsements and incentives are particularly vital in facilitating and accelerating this transition.

Learn more about our sustainability strategy in our latest annual report.

Let’s accelerate the transition: Together we can lower barriers to a more sustainable future.