Sustainable Finance aims at integrating environmental, social or governance (ESG) criteria into financial services. Decisions about investments and capital expenditures should take those criteria into account, while being beneficial to both the investor and society at large.

Sustainability is now a hot topic in the boards of financial institutions, resulting in more and more innovative products and services, notes Hessian Minister for Economics Tarek Al-Wazir. “Now it’s about coordinating these activities to make Frankfurt a leader in this area that can articulate the German voice in international discussions.”