Row 1 - Latest/Ad/Opinion
Row 1 - Latest/Ad/Opinion
Sustainability: Latest
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Arnold Ekpe, a mainstay of African banking for the past three decades, has been appointed chair of financial inclusion firm Microcred’s supervisory board.
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The top three banks globally for diversity and inclusion (D&I) are Bank of Montreal, BNP Paribas and Barclays, according to data from Thomson Reuters.
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David Miliband, head of the International Rescue Committee, and Jim Cowles, CEO for EMEA at Citi, discuss exclusively with Euromoney how finance can help the refugee crisis at the launch of an initiative.
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While foundations may be known for their giving, their investment portfolios lack creativity when it comes to solving environmental and social challenges. Some are taking their missions further.
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Private sector needed for alternative financing; outcome funders looking for greater efficiency.
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What does Belt and Road mean for a multilateral like the Asian Development Bank? Friend or foe? The ADB’s stated mandate is, among other things, to improve infrastructure across the Asia-Pacific region, so any assistance in that task is surely good. But does it move the goalposts of due diligence and so undermine the standards ADB seeks to set around environmental and social impact? Does the good outweigh the bad?
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When infrastructure is developed on a scale like this, the ripples flow in every direction, including health. What does Belt and Road mean from that perspective?
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Fintech and digital financial services are rushing in to help refugees and migrants access and transfer money, but their innovation isn’t just changing how humanitarian aid agencies operate – it’s also offering solutions for broader financial inclusion challenges.
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Cutting-edge technologies are being harnessed to bring affordable financial services to hundreds of millions of people in emerging markets. They offer a glimpse into how financial services in the rest of the world may develop.
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As an ecosystem to support and build the social bond brand starts to emerge, could the market outstrip its green cousin? There is a good chance, given the breadth of problems and the financing needs behind them. But some big challenges lie ahead.
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In the refugee camps of Jordan and Lebanon, life for the many of the 5 million Syrians displaced by civil war somehow goes on. A whole new financial ecosystem is needed to support the amazing resilience and initiative of many of these refugees, who have little prospect of going home. It presents a new challenge for NGOs and they need the help of investors, financial institutions and the private sector. Euromoney visited camps in Jordan and urban areas in Lebanon to talk to aid workers, government and non-government officials and the refugees themselves to find out what role the banking system can play in alleviating the greatest humanitarian challenge of this century.
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Costa Rica’s ambitious commitment to reducing carbon emissions places it at the forefront of the fight against climate change. But its politicians worry that, with financial aid being focused elsewhere, it could effectively be punished for its early adopter status.
Row 2 - Long Reads
Row 3 - Podcasts/Awards/Sponsored/Ad
Row 3 - Podcasts/Awards/Sponsored/Ad
Awards
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Societe Generale has accelerated its transition and is using important mandates to convince its internal and external audiences alike.
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The bank’s chief executive has led from the front to create an institution that is more diverse and better reflects the society in which it works.
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The bank’s 10-year ScotiaRise programme has gone from strength to strength, reaching out to indigenous communities and aligning with its truth and reconciliation committee’s work.
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The bank is leveraging all its resources to reach six million individuals by 2025. It is well on its way.
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With a chief executive pushing sustainable finance from the very top, HSBC is leading from the front in the global banking industry’s response to the climate emergency.
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It is not enough to have the data, banks also need to bring intelligence and financial analysis to bear in sustainable finance to keep progressing.
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In partnership with Commercial International Bank (CIB)
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Sponsored by Mashreq Bank
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