As we come to the end of the decade, we see a world
where the global order has been turned upside down with the
rise of populism, regulation and a growing awareness of climate
change. Throughout 2019, financial services has been going wild
for environmental, social and governance (ESG) initiatives. As
an MEP recently told IFLR: "I'm unsure of who is more radical
– the banks or Greenpeace".
ESG momentum has dominated the headlines this autumn in
Europe. French Member of European Parliament (MEP) Pascal
Canfin, who heads up the Parliament's environmental committee,
called for a climate emergency to be declared on the continent.
Subsequently, MEPs approved a resolution that...