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July 7, 2022

Lea Siering appointed CEO of 2° Investing Initiative Germany, Jakob Thomä to take on new portfolio of responsibilites

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Comms 2DII

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Berlin, July 5 2022

2° Investing Initiative Deutschland (2DII Germany) is pleased to announce today that Dr. Lea Maria Siering will join the organization as its new Chief Executive Officer from October 1st. Lea previously served as Chief Risk Officer at German fintech finleap connect, where she worked on issues of open banking and banking transparency. Lea fulfils a range of functions in the area of fintech, banking transparency, and financial disruption, including as member of the Digital Finance Forum of the German Finance Ministry, Board Member of the European Fintech Association, and Lead Working Group Member “Fintechs and Digital Banking” of the German Digital Association Bitkom. Lea’s background will strengthen our strategic focus on bringing technology and finance together in the service of a public good.

Dr. Jakob Thomä will resign from his current role effective September 30th and take on the new role of “Principal – Strategy & Investment”. Jakob co-founded the 2° Investing Initiative entities in the United States and Germany and served as CEO of 2DII Germany since its inception in 2016. In that period he has helped scale the organization’s impact across a range of research streams and brands, overseeing the launch of PACTA, now with RMI, MyFairMoney, 1in1000, the TransitionMonitor Platform, and a new programme on climate-related data for SMEs. Jakob will from October 1st take on a new portfolio of responsibilities with 2DII Germany in the areas of research, strategy, and investment.

Dr. Lea Siering said “I am full of anticipation that I can now contribute my energy, passion and also my experience and knowhow to a cause that will be more than just a job: aligning financial markets with climate goals. The climate science underscores the urgency of preventing climate change and the little time we have left to do it. We know the crucial role that finance plays in this context and the power that technology represents to accelerate the transition, both in the real economy and the financial sector. I´m looking forward to working with Jakob and an amazing team of finance, climate, and risk experts to contribute to addressing this challenge.”

Jakob Thomä said “It is a privilege to welcome Lea to the team as our new CEO and to have such a brilliant mind and leader bring her talents to support our mission. After 7 years, I realize that I am no longer best suited to lead this organization. My reasons are simple. I am proud of what I achieved and both my track record and that of the organization I helped build. But I also know that at some point the returns on my leadership diminish. Every organization needs leadership renewal to maintain its dynamism and vitality and Lea brings this dynamic to the table. I am incredibly pleased to be able to continue to serve our mission moving forward and to support Lea and the team.”

Jennifer de Nijs, President of 2DII Germany Board, said: “We are extremely excited to welcome Lea to the organization and for her perspectives, experience, and ideas that can help shape the European and global sustainability agenda around finance over the next decade. We are also thrilled that Jakob will contribute to 2DII in his new role and look forward to a new chapter in our mission to align financial flows with climate goals.”

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Comms 2DII

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2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.

Access the full press release here: https://2degrees-investing.org/2-investing-initiative-transfers-stewardship-of-pacta-to-rmi/In the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged.