Sustainable Finance

Embedding ESG into banks’ strategies

This article was originally published on by Mr. Steven J. Hall, Partner, Financial Risk Management, KPMG in the UK, Niven Huang, General Manager of KPMG Sustainability Consulting Co., Ltd., KPMG in Taiwan, Julie Patterson, Wealth & Asset Management, KPMG in the UK, Arnaud Van Dijk, Senior Manager, KPMG in Canada. In the ‘new reality’ that wil […]

Sustainable finance and insurance: turning the Covid-19 experience to long-term advantage

This article has been written together with Armand De Vaugelas. The recognition of pandemic-type risks as being highly disruptive is far from new to the insurance sector. Back in 2013, around 3,000 insurers took part in a poll to name the most extreme risks to their industry. The responses identified a pandemic from a new and highly infectious and fatal disea […]

ICAAP and ESG risks

The article was originally published on by Mohammad Kajiesfahani, Manager KPMG ECB Office at KPMG Germany. A new Action Plan from the EBA and the ECB’s growing interest in ESG risks are tangible signs of an increasing supervisory focus on climate change and other ESG factors. Integrating ESG risks into ICAAPs will be challenging, so banks should be […]

ESG for insurers: from marketing consideration to better executive judgment

Why insurers need to integrate ESG Today, financial players are hungrier than ever to understand the relationship between ESG (Environmental, Social and Governance) factors and entities’ improved performance. Greatly affected by environmental changes, the insurance industry is no exception. As the largest institutional investor group in Europe — an […]

Managing ESG: Challenges and Opportunities in the Asset Management World

This article was written together with Eleonora Cambone. The rise of ESG (Environmental, Social and Governance) and Sustainable investments is undebatable, and the figures testifying this are clear as day: as of December 2018, there are 2,816 European responsible investment funds domiciled in Europe with a total assets under management (AuM) of EUR 496 billio […]

ESG disclosures – a top priority for investors

Climate change is the topic du jour and, along with other ESG issues, is not high up on global governments’ agendas only… According to the TCDF Status Report 2019, we are seeing an increasing demand from investors for “better information on how companies – across a wide range of sectors – have prepared or are preparing for a lower-carbon economy”. […]