Question: What do you call a business with its finger in every ESG pie, as likely to be damned for a villain as hailed as a hero? Answer: a bank.
Leveraging new work by BNPPE''s top-ranked sector teams, we update our energy transition story, bringing greater depth and detail.
Not to mention size: in the key markets of renovation, renewables and EV/batteries, we identify EUR3.2tn of incremental private-sector lending by 2030, or a 3.3% annual bump for the European banks.
As a result of our work, we have four ESG leaders and five ESG laggards. What''s more, for the first time we apply an ESG-driven CoE benefit to a bank: Nordea. It''s all perfect timing for a green Christmas.
