12 Feb '18, 10am

4 sustainability opportunities in the banking sector

According to a 2016 study by the Brunswick Group (PDF) , only 27 percent of Americans trust banks. It has been almost a decade since the financial crisis of 2008, and while the financial services sector has made progress, it is still in many ways working to earn back stakeholder trust. Sustainability efforts offer a major opportunity for banks to demonstrate their commitment to operating responsibly and making a positive impact. Banks, in particular, play a major role in our economy, as they provide vast amounts of capital and have the ability to influence other companies and customers across sectors through their products and services. Yet the industry continues to be in the headlines for various environmental, social and governance (ESG) issues, such as ethics violations or potential human rights implications of project finance decisions. How has sustainability, or corpo...

Full article: https://www.greenbiz.com/article/4-sustainability-opportu...

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