The Financial Services Practice works with investment banks, asset managers, insurance and private equity firms

The Practice also works closely with regional development banks across the globe, and consultancies supporting Financial Services businesses.

Financial Services firms have a vital role in the development of renewable energy and clean technology products and services. Investment in solar, wind and tidal power, renewable fuels such as biomass, bio-diesel, hydrogen fuel and coal gasification has grown considerably since 2000.

The European Union has set a 2020 goal of 20% of total energy consumption from renewable sources. This will require an investment of €1.8 to €7.3 trillion over the next decade. In China, the renewable energy and cleantech industry continues to grow at a rate of 20% annually and, where government spending on cleantech has snowballed, to 1.5% of GDP.

Supporting this growth, investment banks provide capital raising and strategic advisory services to the renewable energy and cleantech industry. Asset managers and private equity firms are now recognising the opportunities offered.

Emerging from the financial crisis, the Financial Services industry will design advisory and investment products and services from sustainability and SRI (Socially Responsible Investing) perspectives.

Financial Services firms must adhere to international best practice standards such as the Equator Principles. Guidance about environmental and social risk management from the international development banks is also key for the industry.

We talk to mid-senior executives, including the C-Suite, involved in sustainability-linked investment strategies in the following areas:

• Mergers & Acquisitions
• Project Finance
• Risk Management
• Carbon Trading
• Equity Research

The Practice has a global reach with offices in Hong Kong, New York, Dubai and Melbourne.

Recent assignments include:

• Director of Renewable Energy and Environmental Finance: Investment Bank
• ESG Manager: Global Asset Manager
• Head of Sustainability: Global Consultancy

Click below to contact one of our specialist consultants in this practice.

financialservices@wscl.com