ESG aspirations go mainstream as IBs emerge from Covid

By David Rothnie
25 Jun 2020

The Covid-19 outbreak has spurred at least one change for the better. Five banks have established dedicated ESG teams since the start of the pandemic to meet demand from clients committed to being more conscientious, writes David Rothnie.

As the world’s biggest oil companies drew down billions in loans and dashed to the capital markets in a bid for liquidity in the eye of the Covid-19 storm, banks competed for bragging rights for supporting their biggest clients in their time of need.

US giant ExxonMobil raising ...

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