As the debate and discussion at COP27 in Sharm el-Sheikh, Egypt has laid bare, there are few easy solutions when it comes to transitioning to a more sustainable global economy. And while much of the focus of recent weeks has been on what governments are doing, these thorny issues are just as relevant for corporates the world over.
This is where global banks such as Bank of America (BofA) believe they have a key role to play, which goes beyond supporting sustainable capital raising and into advising companies on how to navigate the increasingly complex environmental, social and governance (ESG) landscape they must operate within.