Sustainability
Climate change and environmental challenges are transforming the landscape of the financial sector, pushing banks to adopt ESG criteria (Environmental, Social, Governance) in their business strategies, investment portfolios and credit policies.
Lo sustainable development is becoming increasingly crucial as financial institutions are called upon to balance economic growth with environmental protection and social welfare.
Banks are thus involved in managing climate risks and promoting the transition financewith a focus on key sectors such as agrifood.
However, the integration of ESG criteria is not without its challenges. Increasing regulation entails significant costs for banks, in terms of operational compliance and reporting, while questions remain about how to reconcile sustainability goals with other strategic priorities, such as defence investments.
In this complex scenario, it is crucial to promote the legality and the transparency to ensure stakeholder confidence and maintain the integrity of the financial system.
In addition, thefinancial education plays an essential role, as increased awareness among institutions and citizens is crucial for making informed and responsible decisions, today and for the future.
Banks are called upon to lead this change, supporting the adoption of economic models that are able to respond to global challenges without compromising economic soundness and growth.
Related articles
ABI at the Forum for sustainable redevelopment and security of Italian real estate assets
