Goto

Collaborating Authors

Six Trends Transforming Finance for a Sustainable Economy

#artificialintelligence

The world of finance is changing. Since the financial crash in 2008, there has been a slow but steady move away from traditional finance models, as the value of embedding deeper approaches to social and environmental issues has become increasingly clear. Now, the world has taken a shocking blow from the COVID-19 pandemic. The tragic deaths, lost livelihoods, and curtailed freedoms are unprecedented, and no-one can tell how or when the global economy will recover from a downturn of this speed and scale. As we tackle one of the biggest global crises of our time, and look to rebuild in a way that ensures we emerge from this stronger and more resilient, sustainable finance – in other words, finance that takes account of positive and negative social and environmental factors, particularly the factors that tend to play out over the medium to long-term – will be more critical than ever.


The Year Ahead 2022: Six themes set to shape the corporate ESG landscape in 2022 -- NatWest Corporates and Institutions

#artificialintelligence

Listen to our podcast on the key themes dominating the corporate ESG landscape in 2022: Apple Podcasts, Spotify, YouTube. While many companies voluntarily disclose environmental, social, and governance (ESG) data, there is a lack of reporting regulations to define the metrics employed. This can make it difficult to evaluate them – and the targets that companies are meant to be hitting – against peers. Increasing the availability of comparable and meaningful ESG information, or'democratising ESG data', – is essential to assess whether companies' sustainability strategies and initiatives are effective. It will also help investors make better-informed decisions about which companies to support.


How can we achieve an equitable digital transformation?

#artificialintelligence

The past 18 months have transformed society – and sped up the digital transformation of our world. On the plus side, digital technologies allowed business and society to continue to function even during lockdowns – helping companies survive, vulnerable people access healthcare and children continue to learn. When the worst of the pandemic is, someday, behind us, we'll be able to take many of these lessons – and technological advancements – with us to enable greater access to healthcare (especially mental healthcare), education, job training and finance. And it provided a much-needed boost to the pandemic economy. The UN's Sustainable Development Report 2021 highlighted the role of technology manufacturing as a key driver of the economic recovery, citing the rise in demand for computer electronics due to the global shift toward working from home, remote-learning and e-commerce.


How can we achieve an equitable digital transformation?

#artificialintelligence

The past 18 months have transformed society – and sped up the digital transformation of our world. On the plus side, digital technologies allowed business and society to continue to function even during lockdowns – helping companies survive, vulnerable people access healthcare and children continue to learn. When the worst of the pandemic is, someday, behind us, we'll be able to take many of these lessons – and technological advancements – with us to enable greater access to healthcare (especially mental healthcare), education, job training and finance. And it provided a much-needed boost to the pandemic economy. The UN's Sustainable Development Report 2021 highlighted the role of technology manufacturing as a key driver of the economic recovery, citing the rise in demand for computer electronics due to the global shift toward working from home, remote-learning and e-commerce.


What if we get tech right? 10 experts respond

#artificialintelligence

COVID-19 accelerated the deployment of Fourth Industrial Revolution technologies – reshaping how we work, shop, learn, socialize, even visit the doctor in ways likely to stick around long after the virus is under control. Even when we are able to safely return to "normal" life, continued acceleration of these innovations will be critical to recovery and making progress on our global goals. However, the pandemic also underscored the need for public and private sector governance to address emerging challenges and ensure tech works for everyone. As a recent World Economic Forum report explained, the pandemic "exposed even more clearly the gaps that still exist in digital access." Responsible technology governance is needed to protect against discriminatory algorithms, unethical use of data and job displacement.