ESG Banking Centre of Excellence (COE)

ESG-associated opportunities and risks are becoming increasingly relevant for financial institutions. Not only do sustainable operations make sense for the environment, they are also linked with better economic performance. Banks are concerned not only with their own ESG footprint, but also the ESG risks and opportunities they are subject to as a lender.

Within the real economy sectors in Singapore, challenges persist for businesses as they seek to navigate the complex ESG landscape. 

From accessing the relevant insights, to scaling innovative solutions providers, to facilitating training and incorporating digital ESG solutions, we support banks and the real economy sectors by connecting them with the right solutions to address their challenges.

The ESG Banking Centre of Excellence (COE) was established to connect banks with real economy sectors and to add value to banks’ decarbonisation efforts with a pointed focus on transition finance, carbon economics and the circular economy. It intends to facilitate a global response from Singapore as a global distributor of excellence through 4 core pillars:

Digital solutions

An ecosystem of digital ESG solutions such as data platforms, digital processes or products that can be deployed modularly to help transform the banking industry

Research and insights

Research and analysis function providing insights that are readily consumable and targeted at ESG use cases for banking clients

Capability and capacity building

An ESG training programme and content provider specialised in the finance sector

Business Foundry

An ESG fintech business accelerator (scale box), targeting scale-up businesses looking to expand across Asia and other global financial centres

Our teams support banks facing these ESG challenges. From assessment through to assurance, they are skilled at implementing complex, multidisciplinary programs of work.