Switzerland: MACS appraises GHG footprinting for loan portfolio of Alternative Bank Schweiz
As a socially and environmentally oriented bank, the Alternative Bank Switzerland (ABS) sets focus on ethical principles over profit, making long term investments in social and ecological projects and businesses. To prove the impacts of the investments, information on all approved loans is made publicly available. For the loan portfolio of the ABS, whose main focus are real-estate, social and ecological SME, as well as renewable energy, MACS calculated the GHG footprint and ESC (environmental, social and carbon) scoring through eSave. The MACS methodology for determining the GHG footprint is based on the Scope 3: “Investments” of the GHG Protocol.