Russia's invasion of Ukraine is hitting Germany's banks in the middle of a phase of realignment. In our Whitepaper, we shed light on the implications for the ESG agenda of financial institutions and highlight risks and opportunities.
Russia's attack on Ukraine represents a new geostrategic challenge for banks and, particularly, for the mega topic of ESG transformation. Both accelerating and cost-driving trends are evident, which will soon also have an impact on the risk scenarios that banks have to take into account, as well as on the range of services they offer. Our 10-point action plan outlines the measures that banks must now quickly address in order to manage and expand their business, optimise systems and processes, and reduce non-financial risks.