Tie banker bonuses to ESG, says Euro Parliament in radical push for green finance

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Tie banker bonuses to ESG, says Euro Parliament in radical push for green finance

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Oil Rig in the channel island near Ventura California. | Georg Henrik Lehnerer/Georg Lehnerer - stock.adobe.com

The chances of a profound transformation of financial markets to equip them to fight climate change rose this week, when the European Parliament adopted a bold set of policies that would require investors, banks and companies to take into account their impacts on the environment and society. Bonuses would be linked to sustainability targets.

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