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Banks and Insurers Need a More Resilient Finance Model

December 17, 2023 | EP. 245 | 2023 Stocktake, Banks, Insurers, Risk Management, Social Impact
Phuong Gomard, Sustainable Finance Global Leader at Mazars
Phuong Gomard, Sustainable Finance Global Leader at Mazars

What sustainability progress have banks and insurers made in the last two years, given the role of financial institutions as a core component of the economy, and bearing in mind their responsibility to uphold the rigour and resilience of their risk management? Equally significant is their social responsibility to offer vital financial support to the development of sustainable global economies. In this episode of the SFP I discuss with Phuong Gomard of Mazars the need for the financial industry to reboot and shift to a more responsible finance model. Gomard is Sustainable Finance Global Leader at Mazars, which has just published it’s 2023 Sustainability practices stocktake for banks and insurers, which contains much of the data we will discuss.