Selby Jennings Deutschland

The 'Greenwashing' of European Banks

 

Berlin, Germany -- (SBWIRE) -- 11/18/2021 -- With COP26 currently under way, sustainability and climate commitments are at the top of the agenda. There are some clear challenges for European banks when it comes to changing the way that existing investments are managed to funnel resources towards more sustainable choices. This is something that has been highlighted by a recent report that revealed that many well-known European banks, including HSBC, BNP Paris and Deutsche Bank are still investing tens of millions of Euros in firms that are involved in deforestation. Since the Paris Agreement was signed in 2015 around €15 billion has been earned by some of the top banks through deals in place with agribusinesses that are implicated in deforestation processes. This has led to claims that many of these banks - which have very visibly made sustainability commitments - have been engaged in 'greenwashing.' The challenge now will be for banking and financial services firms in Europe to find paths to profitability that avoid the pitfalls of these old, damaging connections.

Selby Jennings is one of Europe's leading financial services recruitment agencies and has been supporting organisations and individuals across the sector since 2004. The firm's sphere of expertise includes a broad range of different fields including risk management, corporate and investment banking, quantitative research and trading, financial technology, investment management and legal and compliance. Few financial services recruitment agencies can offer the same breadth of experience as Selby Jennings, which is why the firm is a go to today for enterprises of all sizes, from innovative start-ups to large global brands. Selby Jennings has many different resources to offer clients, including a database of more than a million mid-to-senior professionals. Using a combination of permanent, contract and multi-hire solutions the firm is able to design options and strategies that are tailored specifically to individual need. It is also a key partner for ambitious candidates keen to take a career-defining next step.

As one of the few genuine financial services recruitment agencies with a global presence, Selby Jennings is a perfect fit for the international landscape that is banking and financial services today. The team in Germany is part of an international workforce of 1,000+. In addition, the firm is the recruitment partner of choice to hundreds of world-leading companies as part of the Phaidon International group, which operates across 6 countries. Agility and flexibility have been vital to ensuring consistent service delivery even through the challenges of the past year or so. The internal workforce at Selby Jennings has facilitated this thanks to the investment made in development of staff by the business. Consultants are trained continuously and also work with best-in-class recruitment technology and strategies. There are many different roles available through Selby Jennings today, including Infrastructure Debt [Director], Business Data Analyst [Banking], Cross Asset Sales Trader and Senior Model Risk Quant.

"Like for many sectors, 2020 marked a defining moment for recruitment. Challenged by uncertainty, but unwavering in our commitment to our clients, we have endured through 2021 with a sense of duty to clients and candidates", commented Matt Nicholson, Managing Director at Selby Jennings Europe. He went onto say, "as we reflect on the challenges of virtually securing and retaining talent, we're inspired by a team who have demonstrated a remarkable ability to adapt and continue to help all our clients secure top talent on a global scale."

To find out more information about Financial services recruitment agencies in Germany visit https://www.selbyjennings.de

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For more information about Selby Jennings services, please go to https://www.selbyjennings.de

About Selby Jennings
Selby Jennings knows that building the right team isn't easy. However, with the support of the right hiring partner, access to key networks and contacts, it's possible to reimagine the process of recruitment to make it more positive, satisfying and productive.