Survey: Sustainability prioritised by less than one-third of

Survey: Sustainability prioritised by less than one-third of UK bank boardrooms


Survey: Sustainability prioritised by less than one-third of UK bank boardrooms
In a survey of 300 executives at some of Europe's biggest banks, less than one-third of UK respondents said their business is framing sustainability and a board-level priority.
Covid-19 was cited as the biggest barrier to sustainability-related action from banks
Commissioned by consultancy Mobiquity, the survey polled C-suite employees at banks across the UK, Germany and the Netherlands, asking about their sustainability approaches and the role of digital technologies in meeting key green targets.
Of the UK respondents, just 31% said that environmental sustainability is a top concern in the boardroom. Topics that ranked higher included customer retention and the Covid-19 recovery. This is despite the fact that banks have been warned they could lose customers without taking stronger climate action, and in contrast to the growing ‘green recovery’ narrative, which pairs the economic recovery from the pandemic with the response to the climate and nature crises.

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