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Balancing profits and purpose

Re: Balancing profits and purpose

by Biniyame Tadesse -
Number of replies: 0
Integrating Environmental, Social, and Governance (ESG) principles into banking operations (because I am from banking) can significantly enhance profitability while promoting long-term sustainability. One key strategy is green financing and sustainable lending, where the bank can offer green loans and sustainability-linked loans (SLLs) with incentives for businesses investing in renewable energy and eco-friendly initiatives. Expanding ESG-focused investment banking services, such as green bonds and ESG-compliant investment portfolios, can attract institutional investors and create new revenue streams. Additionally, leveraging digital innovation.
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