A slew of eco-friendly developments shows that markets, investors and corporates are taking the environment seriously. Innovation has moved beyond clean energy funds into advisory services and structured products, but can market participants counter scepticism that market mechanisms are the best way to cut emissions? Geraldine Lambe reports.
The Banker/Innovest Top ESG Global Banks listing identifies the institutions that are at the forefront of the trend for environmental, social and strategic governance to inform business strategy, providing a benchmark for the ESG effect. In our launch of the ranking, we find those that take ESG seriously have a better stock market performance.