The urgency to address climate change has caused investors to put sustainability and Environmental, Social and Governance (ESG) practices at the heart of their business strategy.
Both regulators and government authorities have also began introducing a series of nation-wide sustainability initiatives aimed at reversing the consequences of climate change and have called on institutions to champion these agendas. This increased support has helped to drive a paradigm shift from “green” to “sustainable” to encompass an entirely sustainable agenda.
We are now seeing considerable efforts towards gauging investors’ and institutions’ interest in pursuing sustainable practices and introducing comprehensive sustainable agendas. One method of ensuring that financing activities reflect the full range of sustainable activities is by combining the underlying principles of doing less harm and striving to do better.