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WWF sustainable banking assessment finds 'significant level of progress' among Asean banks

Felicia Tan
Felicia Tan12/2/2020 10:52 PM GMT+08  • 3 min read
WWF sustainable banking assessment finds 'significant level of progress' among Asean banks
Almost 30% of the banks have improved on at least 10% of the assessment criteria from 2019.
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WWF’s 2020 Sustainable Banking Assessment (SUSBA), the fourth such assessment by the organisation, found that 75% of the 38 Asean banks assessed have “made progress” in integrating environmental and social considerations into their financing activities.

Almost 30% of the banks have improved on at least 10% of the assessment criteria from 2019.

Of the 38 banks, eight fulfilled at least half of the 70 criteria. The number is double that of the four banks in 2019.

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