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2 0 2 3 A NU A L R E P OR TWE are committed to strengthening the communities we serve.SPFISouth Plains Financial, Inc. S T R ONG C ONE C T IONS How we serve is guided by our values: Faith, Family,

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What is net zero financial service?

Net zero financial service refers to financial institutions and organizations that achieve net zero carbon emissions by balancing carbon emissions with carbon removal or offsetting. This is done to mitigate climate change and minimize the impact of financial activities on the environment.

Who is required to file net zero financial service?

Financial institutions, banks, insurance companies, and other organizations in the financial sector are required to file net zero financial services if they are committed to achieving net zero carbon emissions.

How to fill out net zero financial service?

To fill out net zero financial service, financial institutions need to assess and report their current carbon emissions, develop a plan to reduce emissions, set emission reduction targets, and implement strategies to achieve net zero carbon emissions.

What is the purpose of net zero financial service?

The purpose of net zero financial service is to contribute to global efforts to combat climate change by reducing carbon emissions in the financial sector and promoting sustainable practices.

What information must be reported on net zero financial service?

Financial institutions must report their current carbon emissions, emission reduction targets, progress towards achieving net zero carbon emissions, and the strategies implemented to reduce emissions and offset any remaining emissions.

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