Sustainability in Banking – Thematic Research

Pages: 31 Published: April 30, 2020 Report Code: GDRB-TR-S016

Banks exert an enormous indirect influence on the environment through their lending, investing, and advisory activities – so large that the UN insists without a “step change” in their activities it will be impossible to meet Paris Agreement goals. This puts responsibility for climate change squarely on banks’ shoulders at a time when millennials – as both customers and employees – strongly indicate they want their commercial providers to be accountable, and to articulate a purpose beyond profitability. This covers not just environmental impact but a wide range of social and governance considerations. Increasingly, both everything we buy and everything our money touches can and will be measured for its impact on sustainability. Just as “green” consumers want traceability in supply chains in order to know when they are facilitating harm or injustice, this is shifting now to tractability in their money. This means it is becoming socially unacceptable to not know where one’s money is and what it is doing. Digital, of course, can bring new levels of insight and visibility to this.

Scope

Sustainability is a way to atone for that by doing demonstrable good for local communities, employees, customers, and the environment, rather than the skin deep PR of “on your side” marketing campaigns.

Reasons to Buy

• Understand the key factors shaping the sustainability trend with the help of GlobalData’s ESG Framework.

• Discover which banks lead the way in terms of adopting and embracing sustainable solutions.

• Learn which initiatives have proven successful, and how sustainability in banking will develop going forward.

Key Players

Aspiration
JPMorgan Chase
Triodos Bank
ING
Barclays
Alipay
DBS
DiMuto
hiveonline
Standard Chartered
Danske Bank
TSB

Table of Contents

GlobalData’s Sustainability Framework

Environmental

Social

Governance

The impact of sustainability on banking

Environmental

Social

Governance

Sustainability challenges

It’s not always clear what is “best” based on data

It’s not always clear what is “best” based on customer preference

The short-term versus long-term trade off

It takes time to create organization-wide, purposeful sustainability

Sustainability means different things to different types of financial services provider

Moral relativism

Ethical is not enough (on its own)

True business model change requires cutting-edge modern tech

Sustainability measurement and response

ESG advisors

ESG ratings agencies

Timeline

Case studies

Environmental

Social

Governance

Companies

Glossary

Appendix: Our thematic research methodology

$695

Can be used by individual purchaser only

$1,495

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company

Get in touch to find out about our multi-purchase discounts

reportstore@globaldata.com
Tel +44 (0) 20 7947 2960

Every customer’s requirement is unique. We understand that and can customize the report basis your exact research requirements pertaining to market insights, innovation insights, strategy and planning, and competitive intelligence. You can also avail the option of purchasing stand-alone sections of the report or request for a country specific report.

Still undecided about purchasing this report?

Enquire Before Buying

Request a Free Sample

Testimonial

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods
Financial Services
New
Bank Syariah Indonesia - Enterprise Tech Ecosystem Series
$1,495 | March 2023
Financial Services
New
Macquarie Bank - Digital Transformation Strategies
$1,495 | March 2023
Financial Services
New
ANZ - Digital Transformation Strategies
$1,495 | March 2023