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.

Finance CEOs urge governments to step up ESG efforts

The Global Investors for Sustainable Development (GISD) has cited 64 specific recommendations in a report calling for greater public-sector engagement in supporting the financing of the Sustainable Development Goals and Paris Agreement.


Thirty private-sector CEOs, including the heads of Bank of America, Citi, Santander, Standard Chartered, UBS and Allianz, have urged the European Commission and global governments to step up the financial sector’s role in financing the Sustainable Development Goals (SDGs) and Paris Agreement.

The Global Investors for Sustainable Development (GISD) alliance released its report, Renewed, Recharged and Reinforced: Urgent actions to harmonize and scale sustainable finance, on Wednesday.

It represents a manifesto, identifying 64 recommendations, 42 of which are global in nature and the remainder specific to the European Commission.


Jay Collins,

“We had initially planned to prepare a more limited response for the European Commission’s consultation on sustainable finance, but after the pandemic hit we collectively realized we needed to have a bolder global call to action,” says Jay Collins, vice-chairman, banking, capital markets and advisory at Citi, and chair of the GISD report committee.

Take out a complimentary trial

Take out a 7 day trial to gain unlimited access to and 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