Natwest Group PLC Climate Spotlight Event Transcript

Mar 30, 2023 / 12:30PM GMT
Paul Thwaite - NatWest Group plc - CEO of Commercial Banking, Commercial & Institutional for the Ring-Fenced Bank

Good afternoon, everybody. Welcome. Thank you for joining our spotlight on Climate today. Good to see everybody. I'm Paul Thwaite. I'm here today with James Close, our Director of Climate Change. The running order for today are relatively simple. I'll start the session by briefly setting the broader strategic context. I'll hand to James. He's is going to cover our climate strategy, the significant progress that we've made to date and our transition plans. I'll then return to talk about what this means for our customers, our growth aspirations, and how we're developing a very much a systems-led approach, focusing specifically on property and energy today. And then James and I will speak for around 30 minutes and then we'll then be joined by Alison, Katie and Lloyd, who is our Head of Residential Mortgages to answer any questions that you may have.

So a little bit of context first. It's now over 3 years ago, actually, that we announced our purpose-led strategy in which climate change

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