Financial Institutions to Boost ESG Technology Investments, Survey Finds

A recent survey by BCT Digital and Chartis Research reveals that over 72% of global financial institutions plan substantial investments—up to $500,000 or more—into ESG (Environmental, Social, and Governance) technology. This initiative aims to enhance climate risk solutions, focusing on emissions data, transitional climate risk modeling, and regulatory reporting tools.

Titled ‘Chartis Market View: ESG and Climate Risk Survey’, the report examines how financial institutions worldwide are integrating ESG and climate risk factors into their risk management and investment strategies. The survey collected insights from 77 ESG and climate risk practitioners across APAC, North America, Europe, and MENA, representing institutions with assets ranging from $1 billion to $500 billion.

Key challenges identified include regulatory compliance (52%), risk assessment (48%), and integrating ESG into operational workflows (48%). The next wave of investments will target ESG data products, governance, risk management, compliance solutions, and regulatory reporting tools.