Summary: In addition to making a profit, banks can be a societal force for good. This is why Ken LaRoe came out of retirement to start Climate First Bank, the world’s first climate-focused, FDIC-insured commercial bank. Climate First Bank joined the Net-Zero Banking Alliance in January 2022 and is currently in the process of building out its 2050 plan. Climate First Bank is based in Florida, a state destined to be the epicenter of climate change-induced effects. They really want to set an example for other banks, especially when it comes to emissions reporting. We also chat about the politicized world of climate change. It's not easy to be a climate advocate in Florida, where the political winds blow against this agenda. To read the transcript of our conversation, please visit tearsheet.co.
