1、1A global benchmark for sustainable banking 2022October 2022BATTLE OF THE SUSTAINABLE BANKS:CHALLENGER VS.TRADITIONAL2OVERVIEWTable of contentsCHAPTER 1Foreword:Peter-Jan van de Venn,VP Global Digital Banking,MobiquityCHAPTER 2Literature Review:Adi Gaskell,Forbes ContributorCHAPTER 3Infographic of m

2、ain findingsCHAPTER 4ConclusionCHAPTER 6MethodologyCHAPTER 5RecommendationsCONTACTGet in touch357182019213CHAPTER 1ForewordPeter-Jan van de Venn,VP Global Digital Banking,MobiquityWorldwide,industries across every sector have been facing increasing pressure to adopt and implement improved ESG strate

3、gies,and financial institutions are no exception.From traditional to challenger banks,corporations are being forced to review their current sustainability policies and update their initiatives based on evolving eco-societal standards.Changing consumer demand and the need for greater transparency hav

4、e been key driving forces for businesses to re-evaluate their environmental mandates,and while some businesses have seen this as a huge challenge to overcome,others have tapped into its potential.Customers are already opting to turn to the competition if their bank doesnt exhibit ESG-friendly behavi

5、our so,its in the best interest of financial institutions to ramp up and deliver on their sustainability efforts to gain market share.Innovative digital technology is already enabling banks to keep pace with increasing ESG policy demand with eco-conscious changes,helping to move the industry as a wh

6、ole and businesses within it,closer to their net zero goals and reducing banks overall carbon footprint.However,financial institutions are still facing significant challenges.While its great to see so many banks with initiatives in the pipeline,one of the most concerning factors is that many banks a