Design a solution to help businesses move the needle on climate while also supporting economic growth. Solutions might range from ways that entrepreneurs and small business owners can incorporate climate action in day-to-day operations to ways that larger businesses can help advance the green economy.
All the UN Sustainable Development Goals (SDGs) address serious challenges facing humanity today, but none is more urgent than SDG 13. Climate change is an existential threat to everyone on the planet and taking action to slow global warming is critical to our survival.
Businesses already play a vital role in communities and economies, from providing employment opportunities to advancing life-changing innovations. They wield enormous economic power, influencing global spending and investments – and they can play a central role in combatting climate change around the world by leading the way in renewable energy, sustainability best practices, and environmentally-friendly innovations.
At Bank of the West, we're doing our part to move the needle on climate by investing deeply in renewal energy. Moreover, we're restricting financing for industries we believe to be environmentally harmful. Banks lend out $9 of every $10 you deposit in your account and we know where you put your money matters.
In this challenge, we're asking you to think about ways that businesses can help preserve natural resources, protect the natural world, and promote a green economy. How can businesses in your community take action on climate and advance SDG 13?
You might start brainstorming by thinking about different aspects of this challenge:
- Is there a particular industry that interests you? Effective climate action by business is a big topic and one way to jumpstart ideation is to look at a specific sector of the business world. Are there unique opportunities for entrepreneurs to take action on clean energy? For businesses to go carbon neutral or even carbon negative?
- Are you more interested in the products a business creates or the way the business is run? Maybe you'll see opportunities to create more environmentally friendly products and packaging. Or maybe you'll think of ways to move the needle on climate by incorporating sustainability best practices in day-to-day business operations.
- Do you want to focus on how small businesses, such as a local shop in your community, can be part of the green economy or are you more interested in the kinds of things that a larger business can do?
- What role do you think individual employees and business leaders can play in supporting the green economy?
Think big and submit your most innovative idea!
Bank of the West
We are driven by our fundamental belief in redefining banking for a better future. At a time when people demand more from companies, we are taking action to ensure our activities help protect the planet, improve people's lives, and strengthen communities. That's why we are focusing on areas where we can have a real impact: supporting energy transition, helping enable women entrepreneurs and financing innovative start-ups. As the bank for a changing world, Bank of the West is committed to sustainable finance along with our parent company BNP Paribas. Through Digital Channels and offices across the U.S., Bank of the West provides financial tools and resources to more than 2 million individuals, families and businesses. © 2019 Bank of the West. Member FDIC. Equal Housing Lender. Doing business in South Dakota as Bank of the West California. Learn more
"One of the most exciting trends we see today is young people leading action on the Global Goals through innovative startups, social enterprises, youth-centered initiatives, and collaborative partnerships that bring together thinkers from business, government and academic circles. We all have to get involved to address the greatest threats facing our planet today."John Finley / SVP, Head of Customer Experience, Bank of the West
I'm ready to move on climate!Accept Challenge
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