Treasury goes green as demand for ESG products soars

Banks are refining their sustainable cash-management offerings, seeking to align their corporate sustainability strategies to financing and treasury actions.

Deutsche Bank recently announced the launch of its green deposits programme – a new cash management solution for term deposits of less than 12 months, where the cash finances an equivalent amount of Deutsche’s green asset pool.

“The new programme is an important step on our journey into ESG [environmental, social and governance] as a cash management provider,” says Ole Matthiessen, head of cash management at Deutsche.

“It marks the first of many cash-management products we’ll look to introduce as part of the bank’s sustainability framework.”

Corporates are looking to integrate ESG into their cash-management activities

Johnny Grimes, Deutsche

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