TCFD Compliance for Banks and their Loan Book

New climate compliance requirements are raising the stakes for banks.  Simply, if you lend money to a customer, you will need to aggregate the customer’s footprint.

To ease this burden, Triangle can not only support in the delivery of this compliance, but can ease this burden and support with reduced borrowing costs. Triangle’s platform seamlessly collects data from automated billing and IoT data feeds across a bank’s footprint to deliver bottoms up Scope 1 & 2 reporting.

These same tools are offered to the bank’s customers as a white-label  for their own regulatory reporting benefit (financed emissions), and if bank customers use a third party solution, the customer can upload their results.

Sustainability-linked Lending Platform

TCFD Climate performance data is key to identify opportunities for sustainability-linked lending. Using Triangle’s platform to create digital twins, IoT sensor data is  linked to assets

Driven by investor demand, sustainability-linked loans offer borrowers reduced borrowing costs. Through bank loans for solar, wind, battery, geo-thermal or EV, or for customers that commit to reduction targets, the bank is able to convert their loan book to sustainability-linked. The greater the % of the loan book that is sustainability-linked, the more banks are able to save money on their borrowing costs.

Our software platform will help you optimize your loan book performance and optimize pricing and risk. Let us help you profitably address this large and growing loan market.

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Carbon Credit Minting & Custody

Banks are at the center of climate compliance and uniquely positioned to help their clients manage and take advantage of their climate exposures.With new TCFD Compliance, cost of borrowing benefits from the sustainability-linked bond market, and fines from new legislation like Local Law 97 in NYC, carbon credits are a new tool to increase profitability and improve risk management.

Carbon credits represent a new revenue stream for banks that are seeking to add new fee-based income, and interest income from lending of those assets held in custody. Together, these revenue streams improve the returns from the sustainable lending platform while reducing borrowing costs and delivering compliance.

Once reviewed, Triangle creates a fungible carbon credit for the bank customers. Once the carbon credits are minted, they are moved in the bank customer’s custody at the bank.

Starting in Farming and Agriculture, banks can leverage soil carbon sequestration from cover crop, pasture or woodland reserves, or in oil and gas with methane capture.  Let us help you better facilitate your client’s carbon needs

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