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 Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 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.

He points out “it’s not to be taken lightly that 30 of the world’s largest investors, financial institutions and corporations agreed on over 60 concrete recommendations”.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

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