The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2020 Euromoney, a part of the Euromoney Institutional Investor PLC.
Opinion

Sideways: How green is your banker?

The trend towards social debt issuance at the expense of green bonds poses a conundrum for firms looking to appoint credible leaders for a push into sustainable financing.

paint-green-960.jpg

Tanguy Claquin is the very model of a modern environmental banker. The head of sustainable banking at Crédit Agricole CIB is a climate scientist with training in atmospheric physics. He knows what he’s talking about.

Claquin is an obvious fit for Crédit Agricole, which was founded as a financing cooperative for French farmers and branded itself as the green bank long before consulting firm Oliver Wyman announced that there could be $150 billion of fees on offer in the next 10 years from sustainable finance.

This year’s shift towards social investing at the partial expense of environmental funding has complicated the hiring calculation for firms that want to burnish their sustainability credentials and get a piece of this new revenue pie. It won’t be as simple as just hiring some climate scientists who can reconcile themselves to working in finance.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to Euromoney.com and Asiamoney.com analysis and receive expertly-curated updates direct to your inbox.

 

Already a user?

Login now

 

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree