In a world of rising inequality, deepening poverty and climate change, the case for sustainable finance is no longer up for debate.
At the third BNP Paribas Sustainable Future Forum in Singapore, the emphasis was on putting the UN Sustainable Development Goals into action
BNP Paribas' flagship Sustainable Future Forum (SFF) event for clients in Asia Pacific this year again brought together an array of leading experts from around the world, to understand how businesses and investors can help solve the most fundamental challenges of sustainable development and at the same time ensure their own long-term success.
Achieving scalable transformations that bring benefits for both the environment and society was the Forum's main focus in 2018, with corporates and institutional investors discussing ways to drive smarter cities and solve Asia's growing water, food and energy challenges. Using the example of Amaravati, a smart city currently being built in India, experts provided insights on the challenging issues and financing opportunities for today's business and investments for a 'better tomorrow'.
There is undoubtedly increased momentum and a heightened desire to move towards a low carbon world, however, more needs to be done to accelerate the process. BNP Paribas' commitment to sustainability is much more than a slick marketing slogan. We have integrated the 17 UN Sustainable Development Goals, or SDGs, into our strategic business plan and we have put in place tangible goals and performance indicators in areas such as renewable energy, diversity and working with the public sector, recognising that the private sector cannot just be a bystander.