This quote from American author and academic Michael Porter has been a guiding principle for much of the work we as a bank have done as we have embraced the world of Environmental, Social and Governance (ESG) principles throughout our business.
If we look back, the term “ESG” emerged in 2005 where ESG principles found its roots as part of a study entitled “Who Cares Wins” conducted with private and public sector experts in conjunction with asset managers, bankers and analysts where bottom-line profits at all costs were reviewed against long-term sustainability metrics and business goals.