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Archive » May 2023 » Understanding the «G» in Esg: a new bank’s governance for the sustainability

Understanding the «G» in Esg: a new bank’s governance for the sustainability

Elisa Dellarosa
May 2023 - n. 5
Keywords: Esg, banche, governance
Jel codes: G21, G28, M14

In the Esg framework the spotlights are focused on Environmental and Social issues, while the «G» of governance appears to be more neglected. This study analyzes the forces driving the Board and Top management towards important changes. The role played by the Bank in the sustainable transition, the market trends and the new rules, require a rethinking of strategies and corporate governance mechanism. The requests of the Supervisory Authorities and the new Director's Due Diligence Directive under discussion could have a strong effect on the responsibilities and the spirit of management choices.

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