27 May 2021
Credit risk affects all our clients across the banking industry and is determined by a number of different variables. However, Environmental, Social and Governance – ESG - factors are usually not considered.
For banks it is important to assess to which extent their corporate customers are exposed to these risks and how they address them, especially in their credit risk assessment. BDO’s ESG risk assessment tool can help handle applications efficiently. The comprehensive risk questionnaire ensures that a bank has considered all ESG-related factors and their impact on its credit risk.
BDO ensures that the ESG risk assessment tool fits into a bank’s current credit process, which allows for a seamless integration of the tool into the overall credit strategy, credit policy and credit handbooks.
Find out more about our ESG risk assessment tool and how we can help you.