Three ways the banking sector can go beyond compliance to accelerate the net zero transition


According to PwC’s latest ESG insights, as lenders, advisors and investors, the banking and capital markets sector has a critical role to play in financing the global transition to a net zero economy. But growing disclosure demands will have a major impact on every aspect of strategy, operations and commercial relationships. In this article PwC looks at three ways reporting can be a catalyst for transformation, helping banks turn sustainability ambition into action.

“Sustainability reporting touches every part of a bank. It will be part of the story of how you run the bank. It impacts strategy, products, distribution channels, balance sheet, capital allocation, return on equity and risk profile. A siloed and compliance-focused approach to reporting that relies on spreadsheets and creating a summary for the annual report is not going to cut it.“

Mark Batten
Banking and Capital Markets Leader, PwC UK


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