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By Emmanuelle MOUSEL, Partner and Clara BOURGI, Senior Associate in the Insurance Reinsurance and Banking Financial Services practices, Arendt Medernach
On 21 September 2022, the Commission de surveillance du secteur financier (CSSF) published the results of a public survey on sustainable finance. In particular, they emphasised the primary role that banks and financial advisors may play in this regard.
The survey participants generally agreed that the financial sector can have a positive impact on the development of renewable energy, local communities, climate and the environment. However, they often lacked detailed knowledge about what constitutes sustainable finance. It was also observed that banking clients consider...
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