Environmental, Social and Governance (ESG) is about the contribution that capital markets can make to the sustainable development of the financial industry. With climate change as a driver and accelerator, all market participants are now more than ever confronted with new and significantly expanded reporting requirements that affect not only E, but also S and G factors.
- Environmental, social and governance issues are one of the dominant trends in the financial industry today.
- Their factors must be included in risk management due to regulations.
- In addition, the need for environmental certificates and ESG-focused products has also paved the way for new developments and efficient market infrastructures