The governance of sustainability in large global banks

Banks are at the heart of the global economy as a prime allocator of capital across all economic sectors. They make decisions of systemic importance regarding the kind of growth that is supported by the capital they allocate. Therefore, they have a pivotal role in promoting sustainability across most sectors of the economy. In view of their importance, Nestor Advisors, a Morrow Sodali company, examined the governance of sustainability in 30 large European and North American banks and published a report of the findings.

In this article, published in The Banker, a Financial Times publication, Stilpon Nestor, Senior Advisor, Darya Vinogradov-Wouters and Jacob Nolan, Analysts at Morrow Sodali, discuss the key findings from this report, which explores how these banks populate, organize and engage their board on sustainability matters, how they deploy reporting lines and decision-making authority, and how they engage with various stakeholders. 

Click here to access the full article or download the PDF here.