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Events

UNEP FI 2007 Global Roundtable

Sustainable Retail Banking - Push or Pull?

Workshop 1.3.1
11.15-12.45

Is a customer of green products wealthy, literate, educated and female or do these products sell to everyone? Is high publicity of global warming pushing customer preferences towards climate related retail products? Chicken or egg - what comes first: customer demand or product offer? This session will look at what's new on the green product market as well as seek to answer fundamental questions around green banking products, such as:

How strong is demand, who are the customers of such products and are they willing to pay a premium for banking with a good conscience?
Are these products profitable and for what bank does the offer of green products make business sense?
Should a "green" element be part of every retail product just like ESG criteria should be a part of all investments?

Session Summary (PDF: 626 KB)

Presentations

Sustainable Retail Banking - Push or Pull ? (PDF: 916 KB)
Tony Innes, Deputy Chief Executive Officer - Savings and Loans Credit Union
UNEP FI North American Task Force Report on "Green" Financial Products & Services (PDF: 272 KB)
Katie Sullivan, Associate (Lead Author on UNEP FI's "Green Financial Products and Services" Report) - ICF International

Speakers

Katie Sullivan, Associate (Lead Author on UNEP FI's "Green Financial Products and Services" Report) - ICF International
Dae-Woong Lim, Director, Sustainable Finance Center, Eco-Frontier
Tony Innes, Deputy Chief Executive Officer - Savings and Loans Credit Union