INTERVIEW WITH
Q . WHAT ARE THE GREATEST CHALLENGES THEY CURRENTLY FACE ?
» Recent statistics from a Fenergo poll of global FIs highlights that just 10 % of executives would consider their firm to be fullyprepared to meet ESG obligations . 40 % are either ‘ poorly prepared ’ or entirely unprepared . This reveals the genuine concerns that firms have regarding their ability to deliver on ESG commitments for their stakeholders .
As sustainability and responsible investing gain prominence , FIs are grappling with the need to translate ESG rhetoric into actionable strategies that yield meaningful results . The pressure to align with evolving regulatory requirements , while satisfying the expectations of customers , investors and stakeholders weighs heavily on institutions .
“ BY ADOPTING AUTOMATED RISK ASSESSMENT MECHANISMS , FIS CAN SWIFTLY IDENTIFY AND ANALYSE POTENTIAL ESG VULNERABILITIES ACROSS THEIR SUPPLY CHAINS ”
STELLA FAU CLARKE CHIEF STRATEGY OFFICER , FENERGO
18 September 2023