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In the first study of the SRI (Sustainable and Responsible Investment) market in Europe conducted in 2003, Italy accounted for 0.1 About 40% of the companies surveyed do not know how to estimate the extent of their exposure to climate risks, and only 17% have approached banks for financing related to sustainability projects.
And the IFC’s Performance Standards on Environmental and SocialSustainability have become industry practice across the DFI community when it comes to assessing and managing environmental, social and governance issues. As both the scale and the need for DFI TA programmes continue to grow, it’s time to start this conversation.
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