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“ Banks and other financiers are under pressure from their own investors to pull funding for
‘ dirty ’ investments and of investors pulling out ”
ALBERTO
BRUNO VICE PRESIDENT ,
ENERGY & COMMODITIES
PUBLICIS SAPIENT NAME SURNAME JOB TITLE , COMPANY NAME
Companies that don ’ t adapt in the successful manner that ABB has are doomed to fall by the wayside and become the victims of a competitive market place and increasingly strict regulatory environment that demands higher standards of sustainability .
Publicis Sapient is a digital transformation consultancy group based in Cambridge , Massachusetts . Vice President of Energy and Commodities there , Alberto Bruno , speaks to this new reality . He notes that companies failing to bend to these changing standards “ risk seeing funding dry up ”.
“ Banks and other financiers are under pressure by their own investors to pull funding for ‘ dirty ’ investments and of investors pulling out . Regulations ( which are still largely embryonic ) are also progressively making life harder for banks , and they are watching their profits shrink due to unavoidable carbon taxation .”
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