How Asia-Pacific banking leaders can create a net-zero future

In this NextWave Banking in Asia-Pacific podcast episode, EY leaders and a guest speaker from UOB explore how to accelerate sustainability strategies in the Asia-Pacific banking sector.

In response to the need of moving toward sustainable banking, global banks have committed to bringing down emissions to net zero by 2050.

If we are to truly transform the global economy, we need a sea change in capital flows, and in the financial industry that guides them. Financial services organizations (FSOs) are central to this process. Many are setting increasingly ambitious targets to eliminate their own emissions, achieve net-zero “financed emissions,” support the transition of existing clients and fund new climate solutions.

How can financial institutions in Asia-Pacific set the right leadership vision as well as navigate the complexities of sustainability governance?

Join Eric Lim, Chief Sustainability Officer at United Overseas Bank (UOB); and Wolfram Hedrich, Partner, Financial Services Consulting, Ernst & Young Advisory Pte. Ltd., and EY Asia-Pacific Sustainability Leader; with Clare Sporle, Partner, Financial Services, Ernst & Young, who is based in Sydney, Australia.

Key takeaways: 

In part one of this episode, the speakers explore:

  • Why bank leaders need to be better at articulating their sustainability vision.
  • What to consider as you establish your governance structures and execute to achieve that vision.

For your convenience, full text transcript of this podcast is also available. Read the transcript.


Episode 5


14m 35s