Finance must necessarily be an active part of strategies to counter climate change, acting rapidly, decisively and with farsightedness while at the same time incorporating the risks it brings in its evaluations. Best practices in terms of environmental sustainability, social commitment and corporate management have positive effects on firms’ economic and financial equilibrium, on risk management and, ultimately, on the well-being of all citizens.
Investors’ growing interest is leading to a marked expansion in sustainable finance and thus expanding the availability of capital for funding the transition towards a low-carbon economy. This trend has to be supported by better corporate information; firms that lag behind in increasing their transparency will find it difficult to attract capital.