Financial institutions add their considerable muscle to the green economy

As the world shifts to a greater focus on sustainability and responsible investment, lenders are now incorporating environmental, social and governance (ESG) criteria as a fundamental part of their underwriting, with a notable increase in green, responsible and sustainable lending in recent years.

In the real estate sector, this now sits alongside considering the quality of underlying real estate and creditworthiness of borrowers when assessing loan applications. Lenders now also have to consider the sustainability ...