There is increasing recognition that climate change and other ESG risks jeopardise the world’s economy and financial system. Financial institutions need to find the right balance between managing these risks and seizing the opportunities generated by the transition to a more sustainable world. They have a key role to play towards the reorientation of capital flows, the mitigation of risks and the financing of innovation to facilitate the energy transition and the long-term adaptation.
At Mazars, we are committed to helping our clients in the public and private sector implement the changes necessary to meet their sustainable development goals. We can support financial institutions navigating the complex risks and make the most of opportunities emerging from sustainability and climate change.
How banks are responding to the financial risks of climate change