June 28, 2022
Business Banking ESG support a win-win for all
There are now over 700 B Corps in the UK, but much more will need to be done if the UK economy is to meet its sustainability targets by COP27.
A challenging goal
The COP26 summit back in autumn of 2021 introduced legal requirements re climate change. With governments getting more serious about addressing issues, businesses are facing pressure from customers, shareholders and regulators to move the agenda forward.
With the Covid-19 pandemic at full force, businesses needed to focus on survival, now with the danger largely abated, attention is moving back to sustainability and Environmental, Social and Governance (ESG) issues. There are now over 700 B Corps in the UK, but much more will need to be done if the UK economy is to meet its sustainability targets by COP27. And with sustainability being only part of the ESG goal, businesses have much to do.
Savanta has used two of its flagship surveys to better understand business sentiment on this very important issue.
• Savanta’s 2022 Business Tracker amongst 1009 UK businesses in April
• MarketVue Business Banking from Savanta: A continuous survey of 15,000 financial decision makers in UK businesses with over 10 years of historical data
To read the full report, click here.
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