We are excited to announce the launch of the 2021 Global Bank Review: ESG – Creating a purposeful future.

ESG poses challenges to banks in many forms – new taxonomies and disclosure standards; scrutiny of banks’ financial exposures to climate change; shareholder resolutions from activists; enhanced due diligence requirements to protect human rights; and warning shots about avoiding greenwashing, to mention a few. However, there is an abundance of opportunity – for example, financing new technologies in the transition to a lower carbon economy, and a seemingly insatiable investor appetite for sustainability-linked loans and green products. Banks, in deploying their capital and driving corporate behaviour, can have a significant influence in shaping the ESG conversion.

This edition looks closely at these concerns and explores some of the challenges that banks face if they are to remain competitive. We also include insights from a number of industry figures and senior bank leaders around the globe including:

  • Ivan Varughese (Head of Asia, Green Investment Group, Macquarie Group)
  • Marco DeBenedictis (Head of Sustainable & Transition Finance, Barclays Corporate Banking)
  • Aleksandra Schellenberg (Head Legal, UBS Global Wealth Management, Chief Investment Office Research; Global Head Legal, Sustainable Finance, UBS)

On behalf of our Global Banks Sector Group, we hope you find the latest edition of the Global Bank Review a good read.

 

 

GLOBAL BANK SECTOR CHAIRS

Simon Clarke
Simon Clarke
Partner
+44 20 7466 2508
Hannah Cassidy
Hannah Cassidy
Partner
+852 2101 4133
Tony Damian
Tony Damian
Partner
+61 2 9225 5784