Late last month the Sustainable Finance Committee, which advises the German federal government on the development and implementation of its Sustainable Finance Strategy, released a report outlining more than 30 policy recommendations to be taken to establish a sustainable financial system. Digitalization, globalization, climate concerns, and more recently the coronavirus pandemic are driving change around the world. In order to address these trends, companies must innovate and adapt to survive. The finance sector can play a role in facilitating this transformative process by doing more to address sustainability and the social impact of investing. On March 26, the ACG hosted a discussion about Germany’s model for sustainable finance with one of the members of the Sustainable Finance Committee, Dr. Gerald Podobnik, the CFO of the Corporate Bank division of Deutsche Bank.
