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An Audience With

An Audience with Standard Chartered’s Tracey McDermott: Why a global ESG standard won’t work for banks

Banks are going to have to use their own purse strings to help kick the world into a greener future, the chair of the Net-Zero Banking Alliance tells Financial News

‘Let’s not try and come up with one global standard that everyone follows because it just won’t happen and it won’t happen in time’
‘Let’s not try and come up with one global standard that everyone follows because it just won’t happen and it won’t happen in time’ Photo: Danilo Agutoli

Tracey McDermott wants to help solve the climate crisis.

For a time, she was in charge of the Financial Conduct Authority. You might have thought being the UK's top regulator would be as good a place as any to start that mission.

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