Green revolution
For years, the green revolution has been reshaping how heavy industries operate. Now, policymakers and advisers are working in lockstep with bankers and financiers in an effort to boost environmentally-friendly investment.
Pressure for business to ‘go green’ has been building steadily for much of the past decade. What started in patches from a vocal minority has fast become a corporate imperative, as progressive governments impose both incentives and penalties on businesses, while an increasingly informed consumer base vote with their wallets.
Although the time has come and gone for traditional manufacturers to incorporate sustainability into their corporate ethos and strategy, businesses of all shapes and sizes are now feeling the pressure to follow suit. But one sector slow to rise to the challenge has been finance and financial services, for which the ordinary barriers to green thinking are more pronounced.
