NatWest Group has set ambitious net-zero targets to reduce its carbon footprint. The company aims to become net-zero by 2050 across its financed emissions, assets under management, and operational value chain. It also plans to halve the climate impact of its financing activity by 2030 and align with the 2015 Paris Agreement. The company’s latest filings mentioned the keywords 'Emissions' and 'Net Zero' most number of times.

NatWest Group has committed to providing £100 billion in climate and sustainable funding and financing between July 2021 and the end of 2025. It also aims to provide at least £10 billion in lending for EPC A or B rating residential properties between 1 January 2023 and the end of 2025.

NatWest Group has taken several steps to reduce its carbon footprint. The company has set sector-level emissions reduction targets validated as science-based by SBTi, climate scenarios, and emissions intensity pathways. It has also pledged not to provide reserve-based lending specifically for the purpose of financing oil and gas exploration, extraction, and production for new customers. The bank has exposure to coal customers, which was £0.3 billion as of 31 December 2022. NatWest Group has provided green asset finance to support its customers' switch to low-carbon materials and technologies. It has also continued lending to support the transition, including sustainability-linked loans and retrofit loans for commercial real estate. During the year ended 31 December 2022, the bank provided £24.5 billion in climate and sustainable funding and financing. It has set up a specialist Energy Transition Team to focus on identifying opportunities to support the transition, including new technologies.

In conclusion, NatWest Group has set ambitious net-zero targets to reduce its carbon footprint. The bank has taken several steps to reduce its emissions and has made significant progress towards achieving its targets. NatWest Group has committed to providing significant funding and financing to support the transition to a low-carbon economy. The bank's focus on climate is fundamental to its growth strategy, and it aims to be a leading bank in the UK helping to address the climate challenge.

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