ESG as a unique opportunity for post-crisis banking

Introduction to the 1st edition of this years European Banking Study

For more than ten years now, European banks have been caught in a vicious circle of depressed earnings, significant cost pressure and limited growth opportunities. Operating in a low-yield environment, with increasing external operational and capital costs induced by regulation and massive headwinds from the COVID-19 crisis, banks are facing the next fundamental challenge – ESG.

These unassuming three letters not only stand for environmental, social and governance, they cover a whole development that will change our society, the economy and our behaviour and will thus also have a massive impact on banking. The key question for European banks is, can ESG – and everything we subsume under it – help to break the current vicious circle or does it even accelerate it?

You´ll find our answer to this question in our publication which can be ordered below. Our ESG integration offering can be found here.