What is the key to a successful further development of the sustainable finance movement?
Schulze: For the sustainable finance market to continue to grow at the required rate, market participants need even more trust, especially in its instruments. Trust grows through uniform standards, unambiguous assessment criteria and transparency.
Therefore, what we need is a uniform framework for assessing what is truly “green.” In this regard, we hope to see significant progress through taxonomy and the introduction of comparable reporting standards by the CSRD.
On the banking side, the main challenge is to obtain the necessary ESG data to create transparency and calculate the impact of our actions. Real data are the basis for measuring impact in order to achieve our net zero ambition.