Despite the importance of traditional business fundamentals such as survival and expansion, sustainability is a topic that should not be overlooked. In fact, according to research conducted by Edelman Trust Barometer in 2022 , 59% of respondents believe businesses are failing to adequately address issues related to climate change or economic inequality. On the other hand, it seems values-driven decision making from consumers and stakeholders is increasingly prominent; 58% would buy or advocate for brands based on their beliefs while 60% gravitate towards workplaces with similar ideals.
Economics Will Drive ESG Integration for Banks
The Prudential Regulatory Authority’s (PRA) recent decision to press pause on Basel 3.1 rules reflects a dilemma confronting policymakers across major economies. Their attempts at resolution will have significant implications
