LOOKING ahead in 2022, we can be sure that the sustainability themes of last year will continue to gain prominence in the discussions surrounding the role of the finance sector. Yet after a year of pledges, 2022 must be a year of action.
In particular, there are growing expectations for financial institutions to assess and improve their impact on systemic issues such as climate change and social justice, with regulators watching closely to ensure they are walking the walk. The sector is expected to consider how capital allocation impacts the transition, whether providing funding to new climate solutions or withdrawing capital from harmful activities.
Furthermore, pressure is mounting on investors...
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