Apr 11 2023 18 mins 1
In response to the need of moving towards sustainable banking, global banks have committed to bringing down emissions to net-zero by 2050.
If we are to truly transform the global economy, we need a sea change in capital flows, and in the financial industry that guides them. Financial services organizations (FSOs) are central to this process. Many are setting increasingly ambitious targets to eliminate their own emissions, achieve net zero “financed emissions,” support the transition of existing clients and fund new climate solutions.
How can financial institutions in Asia-Pacific set the right leadership vision as well as navigate the complexities of sustainability governance?
Join Eric Lim, Chief Sustainability Officer at United Overseas Bank (UOB) and Wolfram Hedrich, EY Financial Services Risk Management Partner and EY Asia-Pacific Sustainability Leader, with Clare Sporle, EY Financial Services Partner, who is based in Sydney, Australia. In part one of this episode, they explore why bank leaders need to be better at articulating their sustainability vision and what to consider as you establish your governance structures and execute to achieve that vision.
If you would like a conversation on how EY teams can help your bank to navigate digital innovation, new business models and ecosystem partnerships in order to transform and achieve growth, please contact Andrew Gilder, EY Asia-Pacific Banking and Capital Markets Leader via LinkedIn or visit www.ey.com/banking.
