Permutable has released a new report that highlights the most ESG-friendly perceived banks based on sentiment analysis. This report aims to provide valuable insights into the institutions that have demonstrated a commitment to ethical and sustainable practices in the banking industry and where there is room for improvement.
The report analyses various indicators such as corporate behaviour, climate action, human rights, business ethics, governance, and discrimination. The banks highlighted in the report include Citigroup, Standard Chartered, Access Bank, Standard Bank, TCS Group, Goldman Sachs, Deutsche Bank, Barclays Bank, Credit Suisse, and Wells Fargo.
Permutable CEO Wilson Chan stated, “We believe that ESG performance is a crucial factor in evaluating the sustainability and responsible business practices of banks. Our report provides valuable insights into the banks that have demonstrated a commitment to ethical and sustainable practices, highlighting the areas where they excel and the areas where they can improve and those who still have more work to do.”
The report provides a comprehensive overview of the ESG performance of the banks within and delves into the factors that have contributed to their success in becoming the most ESG-friendly perceived banks, whilst highlighting those where ESG still requires prioritization.
Permutable’s report offers valuable insights for investors, stakeholders, and decision-makers in the banking industry. It highlights the importance of incorporating ESG factors into business strategy and operations to ensure long-term success and resilience in an ever-changing business landscape.
Overall, the report aims to encourage banks to prioritize ESG factors in their business operations and decision-making processes. It provides a valuable resource for stakeholders in the banking industry to make informed decisions that align with their values and sustainability goals.
The report is available for download now here.
See individual ESG reports on the banks featured as follows: Citigroup, Standard Chartered, Access Bank, TCS Group, Goldman Sachs, Deutsche Bank, Barclays Bank, Credit Suisse, and Wells Fargo.