How can banks tackle the challenges faced when integrating ESG practices?

ESG is rapidly evolving into a key theme for banks across the world, with European banks at the forefront given the fast-evolving regulatory requirements, such as the EU taxonomy or the climate risk stress test. Beyond the regulator, other stakeholders are also increasing their ESG expectations on banks, with investors wanting to preserve banks' long-term value. Banks themselves have also committed to ambitious net zero emission targets, with more than 100 banks now part of the Net-Zero Banking Alliance. As part of the Alliance, the global group of banks are committed to aligning their ...