In 2022, Twinn (formerly known under the Ambiental brand) partnered with award-winning offshore bank Skipton International to support its work on climate change – with a particular emphasis on flooding risk in the Channel Islands.
From Skipton’s perspective, the partnership has provided crucial insight to inform future risk assessment and guide lending and investment decisions within the islands.
“We’ve made big strides over the last few years in our sustainability and ESG activities, particularly in how we prepare for and respond to climate change,” said Simon White, Credit Risk Manager at Skipton International. “We were the first Channel Island business to sign up to the United Nations Environmental Programme Finance Initiative, so investing in this climate change data was a natural progression.”
A major outcome of the partnership is an in-depth analysis of Skipton’s mortgage portfolio, which is – according to Simon – invaluable: