Evolving drivers of ESG integration in bank credit risk assessments
BMW's head office in Munich, Germany. BMW is discussed in the commentary as an example of a company engaging with banks on its sustainability performance. Photo: Cavin/Flickr.
In this commentary for the Centre for Economic Transition Expertise (CETEx), Lea Reitmeier reviews the regulatory and business environment for banks in Europe and explains why integrating environmental, social and governance risks into credit assessments is becoming more than a regulatory baseline.