Standard Life Aberdeen Chairman Douglas Flint discusses the opportunities in digital identity and combating financial crime, as well as ensuring that banks and insurers can preserve customer trust in the way they handle data.

As ESG investing goes mainstream, the potential “carbon correction” in asset prices may prompt sizable capital reallocations; Achieving the SDGs will require more private sector funding, but better ESG data is needed to inform investment decisions; Low-income countries tend to be more vulnerable to climate shocks—but rising debt loads constrain their capacity to respond; Beyond climate in the “E” of ESG—more focus on financing to support biodiversity

With a growing focus on sustainable finance, and particularly the need for a robust toolkit for climate risk management and disclosure, the Institute of International Finance (IIF) and European Banking Federation (EBF) conducted a joint survey of their members. The survey of 70 financial firms around the world, with total assets of nearly $40 trillion, finds that the streamlining of measurement and disclosure frameworks, and increased international collaboration, are key to strengthening the climate-related risk analysis and reporting toolkit.