Sustainability in the financial industry

Inventory

The United Nations’ Agenda 2030, the Paris Climate Agreement, the European Union’s Green Deal – in order to counter global warming, world politics is setting the course for a society with an economic model that is more strongly oriented toward criteria such as environment, social, and governance (ESG). Sustainability is thus also becoming increasingly important for the financial sector.

But what is the current status of the industry in terms of sustainability and what potential is perceived? Together with syracom, we interviewed experts from the financial industry, most of whom work for small and medium-sized enterprises. The questions asked included: How is the industry positioned in terms of sustainable product offerings and in which areas is there a need for action? Where in the own organization are most sustainability activities perceived? How far along are IT strategic considerations? How will the upcoming regulatory requirements of the EU taxonomy at the turn of the year 2021/2022 affect the industry?

We answer all this and much more in our study. Enclosed you will find a short reading sample of our study, from the Geldinstitute issue 03/2021 dated 10.12.2021.

Our full study will be available in January 2022. You are welcome to pre-order the study here.

(The study is in German.)

René Hagenhoff

René Hagenhoff joined Consileon in 2015 and has extensive project experience in the financial services environment, with a focus on strategic and regulatory implementation projects. In his view, a strong positioning in the topic of sustainability offers financial service providers strategic advantages in the short and long term, especially among the younger generation.

René Hagenhoff
Project Manager
Rene.Hagenhoff@consileon.de

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