Moving at Pace with Clients: Banks’ Road to Sustainability

Sandra Villars, Senior Advisor at Oliver Wyman, leads an interactive discussion with Nigel Beck at Rand Merchant Bank, Greg Fyfe at Standard Bank and Arvana Singh at Nedbank CIB, recorded at the South Africa Sustainable Finance Intensive (SASFI).

The banking industry has roundly agreed that sustainability needs to become a priority – which means integrating the principles of ESG into core functions. This entails a wide review of processes. So, how much progress has been made in this area, and how much work is still needed? And, perhaps most importantly – what are the biggest challenges still standing in our way?

Banks are increasingly integrating sustainability into their core operations by incorporating ESG factors into risk management, product design, purpose statements, and long-term strategies. This shift poses challenges as they define and internalize sustainability goals, address climate change risks, and explore green finance opportunities.

Presenters

• Sandra Villars — Senior Advisor, Oliver Wyman
• Nigel Beck — Head of Sustainable Finance & ESG, Rand Merchant Bank
• Greg Fyfe — Global Head of Sustainable & Climate Finance, Standard Bank
• Arvana Singh — Head of Sustainable Finance Solutions, Nedbank CIB