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The Sustainability Accounting Standards Board (SASB) is an independent nonprofit organization that sets standards for companies to use when disclosing Environmental, Social, and Governance (ESG) information to investors. SASB standards help companies publicly report consistent and comparable information about how they manage issues related to climate change, natural resource constraints, technological innovation, population growth, and more. As a result, the SASB standards enable investors to better understand how a company impacts — and is impacted by — a changing world. With this information in hand, investors can direct their capital to those companies that are being managed most effectively for the long term.

Based on my more than 40 years of practical experience in banking and my forward-looking vision as a banker, I would share the five major development trends of banks with the distinguished guests under the theme of “The New Horizon of Banking”, including: (1) ESG as an essential embodiment of contemporary responsible finance; (2) the digital transformation of the banking industry as a long-term evolutionary process; (3) the evolution of payment models and the new state of money; (4) cross-industry alliances between the banking and nonbanking industries; and (5) the increasing importance of regulatory technology, RegTech.

The Climate Disclosure Standards Board (CDSB) is a non-profit organization that works to provide decision-useful environmental information to markets via mainstream corporate reports. The mission of CDSB is to create the enabling conditions for material climate change and natural capital information to be integrated into mainstream corporate reporting. It is committed to advancing and aligning the global mainstream corporate reporting model to equate natural capital with financial capital. CDSB aims to achieve its mission by offering a framework for reporting environmental information with the same rigor as financial information.

Bloomberg provides timely, reliable and actionable information on sustainability-related financial risks and opportunities for leading business, finance and policy professionals to use in investing, lending, insuring, strategy, and policy decisions…

The effectiveness of Environmental, Social, and Governance (ESG) on corporate performance is an area of growing interest with significant practical implications. However, the role of ESG in fostering corporate innovation has received limited attention, and the mechanisms through which ESG factors influence innovation performance remain inadequately understood. This paper empirically investigates the impact and mechanisms of ESG performance on corporate innovation capabilities using a sample of Chinese A-share listed companies from 2010 to 2021. The results indicate that ESG performance significantly enhances corporate innovation capacity, mediated by the degree of artificial intelligence (AI) adoption and digital transformation. By employing the concept of organisational innovation, this study elucidates the mechanisms of ESG factors on innovation performance, addressing a significant gap in the existing research. The findings offer valuable insights for enterprises aiming to improve their competitive advantage and provide a crucial foundation for policymakers seeking to enhance corporate innovation through targeted reforms.

The framework of this study is the field of crowdfunded microfinance that represents a way to scale up financial access, leveraging digital technology applications. A key element of this value chain is the field partner, represented by a local Microfinance Institution (MFI) that intermediates between the crowdfunding platform and the individual borrowers or group of borrowers. In this context, the main objective of this paper is to measure the financial and prosocial contributions of field partners through crowdfunded microloans. Methodologically, this prosocial impact is measured with an innovative approach, by using network theory to describe the supply and value chains that link crowdfunding investors to field partners and, consequently, to micro-borrowers. The main contribution of this study is the introduction of a global indicator able to quantify the increase of the social impact and the financial system of a country, coming from the presence of ESG-compliant crowdfunded microloans.