Founded in 1988, Access Bank has transformed from an obscure little known Nigerian Bank into a world class African financial institution. In March 2002, the Board of Directors appointed Aigboje Aig-Imoukhuede as Managing Director/Chief Executive Officer and Herbert Wigwe as Deputy Managing Director. The mandate was clear: Reposition the Bank as one of Nigeria’s leading […]
Context-Based Sustainability is a compelling new approach to corporate sustainability management that takes social, economic, and environmental thresholds into account. There are still unfortunately many corporations that instead more or less ignore them. More progressive companies have plans in place Corporate Social Responsibility, Eco-Efficiency, Citizenship, and the Shared Value doctrine. CBS derives from the very […]
Italy now has a chance to strengthen its financial system through the use of sustainable development and investment. Details of their plan is discussed in a new report called Financing the Future, released by Italy’s Ministry of Environment. The 2015 Sustainable Development Goals and the Paris Agreement on climate change require a new generation of financial innovations. […]
Two of the world’s largest financial institutions, Deutsche Bank and World Bank, have decided that they will no longer finance coal related projects. In addition, 5 out of the 6 largest US investment banks have now committed to phase out coal mining financing, including JP Morgan, Bank of America, Citigroup, Morgan Stanley, and Wells Fargo. Coal […]
Since the Paris Agreement was adopted in December 2015, a total of 189 countries have submitted their national plans that target aggressive growth in climate solutions. These include renewable energy, low-carbon cities, energy efficiency, sustainable forest management, and climate-smart agriculture. These plans, called Nationally Determined Contributions , offer a clear roadmap for investments that will […]
20 leading global banks and the United Nations have initiated a global framework dedicated to sustainable finance. $6.6 trillion in assets has been dedicated towards clean, low carbon projects. In September 2015, the UN General Assembly formally established 17 Sustainable Development Goals to be addressed by 2030. This effectively provided a common framework for public and […]
Recently, China’s Bank of Jiangsu has decided to accept recommendations made by the International Finance Corporation. Specifically, they have joined a group of global financial institutions in applying the Equator Principles. The Equator Principles is a risk management framework for determining, assessing, and managing environmental and social risks. They are primarily intended to provide a […]
Recently the Ellen MacArthur Foundation released a new report, Achieving Growth Within, which suggests that scaling the circular economy in Europe offers investment opportunities totaling €320 billion. The shift from a linear to circular economy in Europe is accelerating by the transitional power of new technology and business models. These changes will come in the areas […]
Recently, at the World Economic Forum Annual Meeting in Davos, Switzerland, a new initiative called the Green Digital Fiance Alliance was announced. It was created in order to harness digital technologies in catalyzing financing that address global environmental challenges. It can increase the capabilities of factors throughout the financing value chain, at reduced costs, to factor in environmental […]