The Monticello team joined GARP’s Sustainable Finance for Risk Managers virtual webinar this week. This event highlighted the importance of embedding ESG into day-to-day banking strategy, operations, and lending practices. Participants discussed the importance of sustainability in lending practices in the origination and monitoring stages to assist firms and clients in transitioning to a more sustainable business model. In addition, the presenters discussed the few ESG factors that are financially material for Banks on a go-forward basis. Assessing loans issued with margin linked to the company's sustainability performance improvement, regulatory reporting, and third-party disclosure metrics were all topics discussed.
At Monticello, our consultants are active participants in thought leadership events to ensure our financial services, banking, and technology clients are advised on emerging trends and risks their organizations may face. We look forward to working with our clients to support their climate risk management and reporting initiatives in 2022 and beyond.
