Financial services will double down on ESG
"Amid ongoing economic turbulence, one might expect financial institutions to pull back on environmental, social and governance (ESG) initiatives – but signs point to most banks staying the course or doubling down. A recent SAS-sponsored survey of 500 banking executives revealed that more than three-quarters (76%) believe financial services must address societal issues. Yet 64% of executives think banking lags behind other sectors in advancing ESG goals." - Alex Kwiatkowski, Director, Global Financial Services
Banking in 2035: Trust, climate risks and geopolitical rivalry shape a purpose-driven industry, forecasts study Creating a purpose-driven industry: Why the financial sector needs to embrace innovation
