Lloyds Bank is leading efforts among UK lenders to provide easier access to financial services for the rising number of refugees in the country, most recently from Afghanistan. But they could do a lot more, as France’s BNP Paribas is showing elsewhere.
SDG 8: Decent work and economic growth
Recently criticised for failing to deliver returns above their peer group, gender lens funds are under immense scrutiny to up their game. And while legitimate concerns exist about how they are marketed, the lack of suitable companies remains a serious problem.
The A$150bn pension fund is using its financial heft to address modern slavery and has developed a risk-assessment tool to support its reporting requirements. But while some asset managers have shown overwhelming support, others are still burying their heads in the sand.
Asia's two main finance hubs are moving quickly to adopt global best practice on sustainable finance. They recognise policy certainty in this area is necessary to drive investment into companies, particularly given the region's distinct characteristics.
The Togo-based group expects its debut sustainable bond and new sustainable finance framework to help it adopt a more climate-friendly strategy and expand SDG-aligned funding across the continent, says chief risk officer Eric Odhiambo.
The French industrial gas producer achieved a record price for its first green debt issue even as the bond ‘greenium’ has narrowed. This is at least partly thanks to the company’s rising focus on hydrogen.
Thousands of British companies that are required by law to produce a statement on this issue have not done so. But some, such as fashion retailer Asos and hotel group IHG, are setting better examples.
With an estimated 25 million people in forced labour, hundreds of companies should be identifying human rights abuses every year, yet very few do. Shamefully, investors don't apply enough pressure, while existing regulations lack bite.