Regulatory initiatives primarily target the financial services sector, recognising its critical role in promoting sustainable investment and effectively managing financial flows. As a result, specific rules and regulations have been put in place to ensure that banks collect and disclose certain environmental, social and governance (ESG) data. The figure outlines the main regulatory ESG data requirements
ESG data collection – a challenge for the operational lending business?
15/05/2023
The increasing scope of ESG data requirements, however, poses significant challenges for financial institutions.