85% of banks rely on ESG ratings for financial strategy, reveals CDP report

85% of banks rely on ESG ratings for financial strategy, reveals CDP report

“A recent report from CDP has illuminated the growing centrality of ESG ratings in the strategic frameworks of financial institutions (FIs).”

[COMMENTARY] Despite the anti-ESG sentiment among many in politics and business today, financial institutions still see the value in ESG ratings. After all, how can it not be of value to investors to know about a company’s environmental, social, and governance policies and activities? To do otherwise would be a dereliction of duty.
85% of banks rely on ESG ratings for financial strategy, reveals CDP report, by Fin Tech Global, September 3, 2024, UK.

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