Sustainability is the most important theme of our time and a paradigm shift in how we take care of our planet. The financial system has a key role to play in enabling and accelerate the transformation needed in society where customers and society at large put an increased responsibility on corporates to take lead in the shift to a more sustainable society.

The TCFD-recommendations (Task Force on Climate-related Financial Disclosure) and the EU action plan for “Financing Sustainable Growth” are significant steps in developing an international regulatory system in which banks can play a concrete role in financing the global energy transition, the decarbonisation of the economy and in achieving the objectives of the Paris Agreement on climate change and UN’s Global Goals also named Sustainable Development Goals (SDGs) and Agenda 2030.