What’s going to happen next is more important than what’s already occurred

BlackRock’s study on behalf of the European Commission dug deep into how banks were responding to ESG risksDivisions remain between how regulators, financial institutions & civil society view banks' ESG priority setting processThe most important need for banks to change is their perspective so they begin to look at ESG risk management differently than they see financial risk management

A long-awaited study commissioned by the European Union has found that banks faced significant challenges in how far they have gone in considering environmental, social and governance (ESG) integration. The study – conducted by BlackRock – interviewed a wide range of European financial sector stakeholders, and consequently represents many perspectives that are not always in...