Don’t let precision get in the way of action on sustainability

  • ASEAN banks have made noticeable improvements in making public statements on sustainability and starting implementation such as through narrow sustainability-related exclusions
  • Banks still need to make more progress in showing how their actions relate to environmental & social impact in the real economy as their policies influence customers’ behavior
  • Disclosure is an important demonstration of progress, but incremental improvements in the data and analytics that banks themselves use are preconditions for better disclosures and require action based on improving accuracy over time, not waiting for precise data before acting

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Blake Goud

Blake Goud

130 Followers

Promoting adoption of responsible finance in Islamic markets & Islamic finance. CEO @RFIFoundation.