Limiting global warming requires reducing substantially the greenhouse gases that our economies emit, particularly the emissions of firms driving economic activity. The European Union committed to reduce emissions down to net zero by 2050 and Finland by 2035. Meeting these commitments requires continued actions of governments and firms, but also of financial actors.

Hanken’s calculated carbon dioxide emissions from 2022 are 463 CO2 metric ton.

The topic “Sustainability In The Banking Industry” was of great interest to researchers, alumni and students on Hanken’s Finance Day this year. The annual event was held online for the second consecutive year on 17th March 2021 and fully booked.

A new EU-directive requires that all end-of-life textiles, meaning clothes that can’t be used any more, are being collected separately, sorted and then reused or recycled. According to Associate Professor Anna Aminoff textile recycling processes, including separate collection and sorting, are expensive and complicated, and puts a lot of responsibility on the consumers – but things are hopefully slowly getting better.