Could you share your experience and expertise on implementation practices for making ESG more effective and practical in the banking industry, especially in developing countries?
The Effectiveness of Implementing ESG in the Banking Industry
by Mulugeta Gashaw -
Number of replies: 2
In reply to Mulugeta Gashaw
Re: The Effectiveness of Implementing ESG in the Banking Industry
by Tekeber Nigusse -
Thank you, Mulugeta, for the great question.
From my experience at the Cooperative Bank of Oromia, making ESG practical in developing countries requires simplifying global standards into tools that fit local realities. At Coopbank, we’re embedding ESG into our credit processes through an ESMS, staff capacity-building, and stronger ESG reporting. In my role, I have contributed to developing ESG policies, enhancing our ESG report, and supporting staff training.
From my experience at the Cooperative Bank of Oromia, making ESG practical in developing countries requires simplifying global standards into tools that fit local realities. At Coopbank, we’re embedding ESG into our credit processes through an ESMS, staff capacity-building, and stronger ESG reporting. In my role, I have contributed to developing ESG policies, enhancing our ESG report, and supporting staff training.
In reply to Tekeber Nigusse
Re: The Effectiveness of Implementing ESG in the Banking Industry
by Leela Julong -
Appreciate the real-world insight, Tekeber. Translating ESG into local tools and processes like ESMS and staff training is exactly what makes it stick. Your experience shows how ESG can move from theory to meaningful action in the banking sector.