As many ﬁnancial institutions remain in a reactivemode to sustainability, it is likely that we will seea growing divide between the leaders and laggards,with environmental, social, and governance risksbecoming ever more concentrated in the loan books of the laggards. Meanwhile,
proactive ﬁnancialinstitutions will have the potentialto tap into new consumer andproduct-driven market niches
David St. Maur Sheil
, Director and Co-Founder,The Association for Sustainable & ResponsibleInvestment in Asia (ASrIA)
Prosperity, environmental protection, and social justice areconsidered to be the core of every economy. Developing thehuman resources of banking and ﬁnancial institutions in order to
create sound, efﬁcient, and responsive ﬁnancial institutions
that are environmentally and socially sustainable can help achieve substantialbusiness beneﬁts.
Khaled Bassiouny, Director, Business DevelopmentDepartment Arab Academy for Banking and FinancialSciences
The role of companies in a society iscurrently going through a transitionthat presents important opportunities and,in many ways, is being felt most strongly indeveloping economies.
Expectations arehighest in the developing world for the private sector to go beyondcore business lines
to help improve education andhealth systems, address poverty, protect the environment and reinforcehuman rights. By responding effectively to these expectations, local companiescan not only protect and enhance their reputations, but also ensure that they are onequal footing with multinational corporations entering their markets.
, Vice-president, GlobeScan Inc. (international public opinion researchers)