Green finance gains ground

Green finance gains ground

Global consumers want their banks to become more sustainable, but suspect there’s more talk than action, says Mambu

Over two-thirds of consumers globally want their bank or financial institution to become more sustainable in future, according to a new report from the cloud banking platform Mambu.

Thai consumers are part of the trend, with 65% saying the availability of green financial services has become more important to them in the last five years.

The report, “Is the Grass Greener on the Sustainable Side?”, surveyed more than 6,000 consumers on their attitudes to green finance globally. But while the majority are in favour of greener financial options, consumers have little trust in the sustainability credentials of the financial services industry.

Doubts about “greenwashing” remain…