For many business leaders, banking regulation and prudential policy are an enigma, viewed as the domain of central bankers, supervisors and bank risk teams; teams for which the challenge of managing systemic and portfolio risk with stress tests and risk weightings is often removed from corporate level action in the physical world. However, even minor technical tweaks in how banks, insurers and other financial institutions are regulated can have significant ripple effects on how capital is allocated and the activities it (dis)incentivizes. As banking regulators globally are increasingly incorporating sustainability-related considerations into their frameworks in response to systemic risk, there is – and should be – an increasingly direct impact in the corporate world. Whether through more expensive capital, stricter lending conditions, or pressure to align business strategies with sustainability goals, prudential policy is set to shape corporate behavior in coming years 

As WBCSD seeks to promote a more enabling environment for corporate action on sustainability performance and drive business resilience, this webinar hosted in collaboration with global law firm CMS, will provide an opportunity for professionals from both the real economy and financial sectors to zoom out, hear how prudential policy can – and increasingly will – indirectly impact corporate action.

Featured speakers from WBCSD, CMS, Allied Irish Banks and Eurasia Group.