Sustainable finance: What a difference a decade makes

Ten years on from a financial crisis often portrayed as caused by the greed of bankers, we are talking recycled carpets and alleviating poverty. It is a genuinely good thing.

This year’s award season has been a true eye-opener in showing just how far the financial industry has come in sustainable finance and corporate responsibility

There have been reams (digital eco-friendly reams, of course) of pitches on achievements, ranging from recycled carpets to supporting employee conversations about events taking place outside work, such as domestic violence or white supremacist rallies. 

We have seen the creation of entirely new products like BNP Paribas’ philanthropy kicker note in Brazil, the development of community land trusts for affordable housing by Citi and the largest green bonds to date.

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