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OECD Business and Finance Outlook 2020

Sustainable and Resilient Finance

image of OECD Business and Finance Outlook 2020

The OECD Business and Finance Outlook is an annual publication that presents unique data and analysis on the trends, both positive and negative, that are shaping tomorrow’s world of business, finance and investment. The COVID-19 pandemic has highlighted an urgent need to consider resilience in finance, both in the financial system itself and in the role played by capital and investors in making economic and social systems more dynamic and able to withstand external shocks. Using analysis from a wide range of perspectives, this year’s edition focuses on the environmental, social and governance (ESG) factors that are rapidly becoming a part of mainstream finance. It evaluates current ESG practices, and identifies priorities and actions to better align investments with sustainable, long-term value – in particular, the need for more consistent, comparable and available data on ESG performance.

English

Promoting responsible lending in the banking sector: The next frontier for sustainable finance

This chapter explains why strengthening ESG integration in corporate lending practices should be a key objective of sustainable finance initiatives and provides an overview of drivers for ESG in the commercial lending activities of banks. It examines the current practices of banks in integrating sustainability considerations into their corporate lending activities, the challenges they face in doing so and how policy makers can facilitate scaling up responsible lending practices.

English

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