Prioritise sustainability: Banks told

THE Reserve Bank of Zimbabwe (RBZ) has urged banks to integrate sustainability into risk assessments and help businesses manage environment-related risks.
Experts emphasise that prioritising sustainability is crucial for Zimbabwe to avoid past mistakes and secure a prosperous future for future generations.
Zimbabwe, like much of the African continent, is dealing with the impacts of climate change, including rising temperatures, prolonged droughts, and frequent flooding.
In response, environmental, social, and governance (ESG) standards have become an increasingly important factor in business operations and investment decisions. These standards evaluate a company’s commitment to environmental sustainability, social responsibility, and ethical governance practices.