Investors are Raising the Bar for Responsible Finance Faster than Banks are Stepping Up

Investors are Raising the Bar for Responsible Finance Faster than Banks are Stepping Up

http://islamicmarkets.com/articles/investors-are-raising-the-bar-for-responsible-finance-faster-than
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Banks of all sizes are becoming more interested in responsible finance, but progress remains slowInvestors’ expectations relating to ESG integration are moving more quickly and gaining tractionWith a rising bar for responsible finance – and many banks clustered near that level – there is a competitive opportunity for banks that can stand out to consumers, investors and regulators by adopting best practices on ESG

Even the most ambitious banks on responsible finance face gaps, leaving plenty of opportunity in the responsible finance landscape. An analysis by Mazars of 30 bank signatories to the Principles for Responsible Banking found that none had demonstrated comprehensive enough sustainability practices to have attained the &lsqu...