The rocky road to Libor’s end

The “world’s most important number” is to be phased out by the end of 2021. Slow motion or inaction aren’t definitely desirable, but teamwork instead. It’s hard to overstate the significance of the transition from LIBOR to alternative reference rates. While organisations around the world have begun preparations for this …

How to use Sustainable Finance to mitigate negative externalities

It’s interesting to think about what externalities meant to business years ago, before the current context with SDGs, corporate responsibility and ESG criteria gaining ground. The general opinion was that they had no impact on profitability. Indeed, for many decades, economists considered the impact of production and consumption on the …

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