For financial institutions, environmental, social and governance (ESG) and climate risk management have become central to their risk management and investment decision-making processes. The integration of ESG factors, particularly climate risk, into their frameworks is driven by both regulatory requirements and market pressures.
To explore these issues and dynamics and to take the pulse of the market, Chartis, in collaboration with BCT Digital, surveyed 77 ESG and climate risk practitioners across the global financial services sector. The collaboration aimed to pinpoint insights and trends at the intersection of ESG and climate risk, to identify:
- How practitioners are assessing and planning for their ESG and climate risk capabilities in 2024.
- How the demographics of firms and practitioners impact their planning for climate risk and ESG management.
- The factors that are steering firms’ strategic agendas.
This report provides the results of that survey, as well as an update on some of the key market forces we track around ESG and climate risk.