Unsustainable companies would be relatively hard hit, and their profitability could be at risk. And thus, the financial sector that invested in them through stocks, bonds and loans. Move from 1 to 17? In short shouldn’t we move our work on sustainability from 1 to 17 SDGs? Couldn’t there be more risks than just climate? Need these risks not be managed?
The process of rationalising, reorganising and re-structuring of the failed institutions into a viable professionally managed commercial bank was initially expected to take about five years and thereafter its shares were to be sold to the public. However, the institution’s mandate was changed in 2001 to operate as a fully fledged commercial bank offering a full range of both retail and corporate banking services.