In this NextWave Banking in Asia-Pacific podcast episode, EY leaders and a guest speaker from UOB explore how to accelerate sustainability strategies in the Asia-Pacific banking sector.
In response to the need of moving toward sustainable banking, global banks have committed to bringing down emissions to net zero by 2050.
If we are to truly transform the global economy, we need a sea change in capital flows, and in the financial industry that guides them. Financial services organizations (FSOs) are central to this process. Many are setting increasingly ambitious targets to eliminate their own emissions, achieve net-zero “financed emissions,” support the transition of existing clients and fund new climate solutions.
How can financial institutions in Asia-Pacific set the right leadership vision as well as navigate the complexities of sustainability governance?
Join Eric Lim, Chief Sustainability Officer at United Overseas Bank (UOB); and Wolfram Hedrich, Partner, Financial Services Consulting, Ernst & Young Advisory Pte. Ltd., and EY Asia-Pacific Sustainability Leader; with Clare Sporle, Partner, Financial Services, Ernst & Young, who is based in Sydney, Australia.
Key takeaways:
In part one of this episode, the speakers explore:
- Why bank leaders need to be better at articulating their sustainability vision.
- What to consider as you establish your governance structures and execute to achieve that vision.
For your convenience, full text transcript of this podcast is also available. Read the transcript.
Podcast
Episode 5
Duration 14m 35s
In this series
Series overviewHow technology and sustainability drive the future of investment banks
Episode 4 (Part 2)
Presenters
EY Asia-Pacific Payments Leader; Partner, Financial Services, Ernst & Young Solutions LLP
Key strategy for investment banks to achieve sustained transformation
Episode 4 (Part 1)
Presenters
EY Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader
EY Asia-Pacific Payments Leader; Partner, Financial Services, Ernst & Young Solutions LLP
How the payments landscape is evolving in Asia-Pacific
Episode 3
Presenters
EY Oceania FinTech Leader, EY Asia-Pacific Payments Leader, EY Oceania Financial Services NextWave Innovation Leader; Partner, Financial Services Consulting, Ernst & Young
How platforms and ecosystems relate to the future of banking
Episode 2
Presenters
EY Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader
EY-Parthenon Asean Financial Services Strategy Leader; Partner, Strategy and Transactions, Ernst & Young Solutions LLP
Key trends accelerating Asia-Pacific banking growth in 2022
Episode 1
Presenters
EY Asia-Pacific Banking and Capital Markets Leader; Global Corporate, Commercial and SME (CCSB) Banking Consulting Leader
EY Global Banking & Capital Markets Sector Leader