Climate change, renewable energy, biodiversity, social equality and other sustainability objectives are top concerns for financial firms and stakeholders. To be on the right side of the transition, banks need to adopt strategy models that incorporate social and environmental factors in loan criteria. Only then will they begin banking for impact.
With corporate responses to climate change burgeoning, how can companies start re-evaluating how they interact with nature to tackle a less frequently addressed but more complex and interlinked environmental threat: biodiversity loss? How can firms protect natural resources, and what are the reputational and financial risks of inaction?