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The Ethical Finance Global 2022 Summit was held this week in Edinburgh.
organizer Global Ethical Finance Initiative (GEFI), the summit is the country’s largest gathering of financial services on sustainability since COP26, of world Bank, of Bank of Englandgovernment ministers, and many of the planet’s major corporations.
Sara BreedenThe Executive Director of the Bank of England will deliver a keynote address at the event on ‘The Nature of Risk’, the institution’s first major announcement on nature-based finance.
In his speech, Breeden said: And at Round, this work will enable us to determine the nature of these risks so that banks and the financial system can play a role in the collective response to this critical challenge.
Omar Sheikh, GEFI Managing Director added: Alongside governments, private financial institutions must step up to help build a responsible, inclusive, sustainable and green future.
This week, Scotland will once again take center stage in the fight against climate change by bringing together experts and professionals to shape a better financial system. Large financial services companies need to show real leadership if they are to flow to smaller businesses and spill over into the broader economy.
The challenge of climate change is daunting, but giving up is not an option. Banks and financial institutions hold the key to building a more sustainable world.
The summit produced an international prospectus aimed at students and professionals seeking careers in ethical, green and socially responsible financial services.
There are over 160,000 people working in finance and around 9.5 billion of responsible funds are already under management in Scotland.
GEFI offers over 7 courses, including a master’s degree, united nationsbefore including its Sustainable Development Goals in its 18-page prospectus.
Topics include climate finance and investment, and environmental, social and governance (ESG) investment.
Along with the summit University of Edinburgh Business School (UEBS) hosted 30 delegates in an executive education course. Asian Banking School (ABS) is based in Kuala Lumpur.
Professor Colin GardnerABS Chief Executive Officer said: We ensure our courses are innovative, cutting edge and relevant.
So when we considered partnering on a new executive education program for banking leaders covering the latest industry topics, we turned to UEBS to work with us.
This partnership has resulted in an outstanding program that has been well received by the Malaysian banking industry. We were especially excited when our program dates coincided with the summit.
We all depend on global finance making the right choices to effect positive change and meet the UN Sustainable Development Goals, Sheikh continues.
Ethical finance offers an opportunity to learn how finance can contribute to the economy without losing sight of its social and environmental impact.
“Scotland has a culture that enables sustainable finance. Our new guide will help full-time students and busy professionals find the right opportunities on their journey to sustainable finance.” .
The ABS and UEBSl partnership is a testament to a unique culture of exploration that can reshape the world.
