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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

More pathways

Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

More pathways

Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

Ready to get started?

Book a demo

Pricing

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Carbon Emissions and Markets Jargon Buster

Carbon Emissions and Markets Jargon Buster

Nicola Steen

30 years: Emissions Trading Schemes

In this video, Nicola outlines some key terms relating to carbon markets such as Scope One, Scope Two and Scope Three emissions. She also explains further about the different types of strategies to avoid and reduce emissions and their impact on the environment.

In this video, Nicola outlines some key terms relating to carbon markets such as Scope One, Scope Two and Scope Three emissions. She also explains further about the different types of strategies to avoid and reduce emissions and their impact on the environment.

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Carbon Emissions and Markets Jargon Buster

8 mins 42 secs

Overview

Carbon markets have been a successful way for organisations and individuals to move money into emission-reducing projects. It is key to understand the different ways of addressing emissions and the types of offsets in the markets: avoidance and removal of emissions in the markets. We need more economic activities resulting in both the avoidance of emissions and the removal of emissions.

Key learning objectives:

  • Outline the two main types of offsets

  • Understand what are Scope One, Scope Two, and Scope Three emissions

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Summary

What are Scope One, Scope Two, and Scope Three Emissions?

When we move towards net zero, we need to take into account each of the three emission types.

  • Scope one emissions are emissions associated with direct fuel use, for example gas burning or if you have coal or oil at your place of work or in some manufacturing process.
  • Scopes two and three are where your products are coming from and then where your product are used, so both ends of the supply chain.

What are the two main types of offsets?

1. Avoidance of emissions

Avoiding emissions includes activities such as reducing or avoiding the use of fossil fuel powered machinery, or adding solar panels to homes and offices. It can also mean using a more efficient way of cooking, such as switching from wood-burning stoves to energy efficient ones. We can also help protect forests by taking steps to avoid depletion and allowing existing forests to be maintained. These projects create 'avoidance' credits, which will help us address our carbon emissions.

2. Removal of emissions

Removing emissions can be done by actively planting more trees and by storing carbon in wood and soil. Technologies are also developing in this area, including carbon capture and storage,and whilst they are currently relatively expensive, they are very likely to reduce in cost over time.

 

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Nicola Steen

Nicola Steen

Nicola Steen has been working on using market mechanisms to reduce levels of greenhouse gas emissions since 1989. She helped instigate the pan-industry and government discussions that led to the UK Emissions Trading Group and the first pan-economy emissions trading scheme in the world. Most recently, she is working again on the voluntary carbon markets, seeing new capital and attention moving towards bolstering sustainable solutions.

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