Temple View Capital, LLC and its affiliates ("Temple View") pledges to be a progressive, private lending industry leader in carbon neutrality and environmental sustainability. In 2021, Temple View became carbon neutral in operations through decarbonization and carbon compensation. We are funding climate action projects that reduce emissions from the atmosphere, and therefore we are proud to contribute to a Net Zero future.
"Temple View is committed to being a leader in the push towards carbon neutrality. We hope that our peers in the industry will follow because we can make a difference. We're all lending into projects that are helping energy efficiency nationwide in the U.S. housing stock, and we think we can all be a part of that solution."
Temple View prioritizes building sustainable, equitable, healthy, and diverse communities through a combination of innovative real estate lending solutions and exemplary environmental, social, and governance (ESG) performance. Temple View became carbon neutral in 2021 through decarbonization and carbon offsetting on scope 1 & 2 GHG emissions. We are working with South Pole, leading project developer and climate consultancy to fund climate action projects that reduce emissions from the atmosphere. Carbon compensation through high quality carbon credits is an impactful way of addressing unavoidable emissions and contributing to the global Net Zero future. This partnership will help the company deliver near-term efficiency, value, and health for our company, investors, clients, and community in reducing our environmental impact in our lending and corporate operations.
South Pole, a social enterprise recognized by the World Economic Forum's Schwab Foundation, is today the world's leading climate solutions provider and carbon project developer. Since its creation in 2006, it has developed nearly 1,000 projects in over 50 countries that have helped reduce over 200 million metric tonnes of CO2 emissions and provide social benefits to communities who are particularly vulnerable to climate change. Projects range from sustainable agriculture, forest conservation, waste management, to energy efficiency and decentralized renewable energy. South Pole also advises thousands of leading companies on their sustainability journeys to achieve net-zero emissions. With its global Climate Solutions platform, South Pole develops and implements comprehensive strategies that turn climate action into long-term business opportunities for companies, governments and organizations around the world. South Pole is committed to becoming a B Corp globally across all of its local entities, building on its existing B Corp certification in Australia, the U.S, the Netherlands, and Germany. For more information, visit www.southpole.com or follow us on LinkedIn, Twitter, and Facebook.
Temple View and South Pole USA, Inc. are using a multi-pronged approach to address the need for increased lending in sustainable homes and engaging with stakeholders. The approach will drive innovation and systemic change, which will lead to cumulative transformations. Below are the steps we plan to take to achieve carbon neutrality.
For our carbon remediation project with South Pole USA, Inc., Temple View chose a landfill project in Spartanburg County, South Carolina. The project will recapture methane emissions and repurpose them as clean energy.
Learn more about the projectIn addition to supporting the Spartanburg Gas Recovery project, we will continue to promote sustainable lending in four ways.
Encouraging our borrowers to implement sustainable practices in their projects.
Engaging borrowers on sustainability issues to increase awareness and reduce waste.
Lending on projects that incorporate modern, energy-efficient building materials, appliances, and systems.
Lending in areas with old, inefficient housing stock to encourage new renovations of these properties.
“There is an accelerating long-term shift toward sustainable investing and for us to continue to be leaders in our sector and leaders among our peers. We need to have proactive, progressive sustainability, green investing policies and procedures, and products for our customers. It's not just about being stewards of the earth. It's actually good for business.”
Read more about our carbon neutral and environmental sustainability initiatives.
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