In this latest banking reform updater, we discuss initiatives to embed sustainable finance principles in the fabric of financial institutions. In doing so, we consider global initiatives such as the Financial Stability Board (FSB) Taskforce on Climate-Related Financial Disclosures, and examples of leadership such as the Sustainable Banking Network and the European Commission’s Action Plan on financing sustainable growth. Although banks and other financial institutions may already be implementing sustainable finance standards on a voluntary basis, in this article we examine the trend towards increased legislation and regulation in this area. Click here for more.
Location