finds that more companies are working to prioritize ESG in their business. For example, last March, when Deloitte ran a similar survey, only 21% of the executives surveyed said their companies had built cross-functional teams geared towards ESG. Just a few months later, that number is now 57%—nearly triple what it was. Challenges lay ahead for these types of efforts, however.
One of the hottest trends in finance is prepaid muni bonds structured to help local utilities buy decades worth of renewable electricity. They’re good for the environment, but even better for the banks that will profit from cheap financing, trading profits and federal tax breaks.
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