Middle East 'surge' in ESG standards sees major shift in financial services industry 

Mark Battersby
clock • 2 min read

The London Institute of Banking & Finance MENA (LIBF MENA) today (1 November) released a whitepaper on 'How FinTech can help firms measure their ESG exposures.' The internationally recognised organisation delivering financial education to banks and other organisations in MENA said there are several dimensions to this particular challenge. First, supply chains are large and complex. Globally, the average ‘original equipment manufacturer' (OEM) has about 50,000 suppliers, many of which are small and medium-sized enterprises that have limited ability to collect data. Second, regulatio...

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