ESG aspirations go mainstream as IBs emerge from Covid

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ESG aspirations go mainstream as IBs emerge from Covid

David Rothnie
June 25, 2020 03:00 PM
BP_PA_575x375_25June2020
File photo dated 13/10/11 of the BP North Sea Headquarters in Aberdeen. BP has been forced to reduce the price it thinks it can get for the oil left in its underground reserves, as the energy giant took charges and write-offs that could reach £14 billion. | Andrew Milligan/PA

The Covid-19 outbreak has spurred at least one change for the better. Five banks have established dedicated ESG teams since the start of the pandemic to meet demand from clients committed to being more conscientious, writes David Rothnie.

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