Social distancing and government payments are turbo-charging digital bank’s growth.
The country is losing the war on the coronavirus, as well as wasting the ensuing digital payments opportunity eagerly grasped by others in Latin America.
The saga of ESG data looks promising, but the questions about its usefulness for investors drag on.
Virtual meetings have afforded women greater visibility during the Covid-19 crisis, but little to nothing has happened.
The sustainable finance movement needs to manage the risk to its reputation, as Jeff Gibbs highlights in his documentary.
The momentum for environmental finance had been growing, but Covid-19 has forced a pause.
The United Nations Special Envoy for financing the 2030 Agenda tells Euromoney how the Sustainable Development Goals can help us ‘build back better’.
EIB looks to help the most vulnerable and to encourage banks to take on more risk as it unveils a €5.2 billion package for non-EU countries.
From financial support and flexible working to Zoom ‘happy hours’, choirs, online yoga and mindfulness classes, banks around the world are seeking to address employee mental health during the Covid-19 crisis
Green bond issuance slows in market turmoil, while social bonds offer means to finance Covid-19 responses.
The coronavirus Covid-19 crisis has highlighted the need to build better consumer financial resilience – bank efforts to support personal savings and debt reduction will have a greater impact than writing cheques.
Zoonotic diseases will rise due to deforestation, says Zurich Insurance Group’s head of sustainability risk, while one report shows key financial institutions have yet to adopt deforestation policies.
Financial industry group asks regulators and standards boards for greater global consistency around taxonomies, climate-related risk disclosures, policymaking and regulation.
The government’s response to the lack of financial inclusion is to build thousands of new banks throughout the country, but it faces a big challenge in weaning potential customers away from the black economy.
It has taken the climate crisis to bring our collective focus onto the role of financing and the role of banks.
HSBC launched its green deposit account in the first week of February with a deposit from a building materials company.
There were many things declared at Davos this year that would lead us to believe that sustainability is now embedded in every decision a bank or investment manager makes.
Across the UK, Legal & General has invested over £22 billion in affordable housing, homes for the homeless, clean energy, life sciences, creative industries, and technology and infrastructure.
Markets need more sophisticated measurement criteria to cope with the surge in demand for ESG integration.
The investment bank will no longer IPO firms without diverse directors.
The asset manager has decided to pull investment from firms that don’t make sufficient progress on ESG disclosure while it routinely votes against climate-related shareholder resolutions itself.
Kenyan property developer Acorn Holdings has issued a small but smartly structured bond programme, which will remove barriers to entry for local market bonds as local currency bonds retain appeal.
The first catastrophe bond to be sponsored by an Asian government has been issued by the World Bank, giving protection against damage by earthquakes and cyclones.
There is finally an opportunity to integrate nature within financial decision making in the year ahead.
Leading bankers in sustainable finance fear that, despite the advances and the rhetoric, the industry is not moving quickly enough. Euromoney asked 20 regional and global heads of sustainable finance for their views: what the experts think might surprise you.
What needs to happen for sustainability to be adopted by mainstream finance and move beyond the realm of pledges, panels and press releases? The first of our six recommendations is for banks to sign up to the Principles for Responsible Banking (PRB).
The second of our six proposals to make sustainable finance work is for firms to mandate the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
Euromoney has spoken to 20 sustainable finance experts about what is needed to make efforts more effective. The third of our six recommendations is to push for the standardization of climate risk measurements.
Euromoney has drawn up six recommendations for the sustainable finance sector, based on the views of 20 experts in the field. The fourth of our six proposals is to develop transition finance.
How can sustainable finance be moved into the mainstream and made to work better? The fifth of our six recommendations is to target deforestation reduction.
Euromoney has spoken to 20 sustainable finance experts about what is needed to bring about real progress. The last of our six recommendations is for efforts to be made to incentivize green finance.
Euromoney closely follows how financial institutions are supporting diversity within the industry.
The vexed battle to finance small and medium-sized enterprises (SMEs) continues amid risk aversion, economic weakness, new regulations and banks’ balance-sheet repair.