Unlocking Value: The Scope for Environmental, Social and Governance Issues in Private Banking

This report examines the integration of environmental, social and governance considerations into private banking, based on discussions with senior industry participants. It outlines the growing relevance of such factors in investment decision-making, driven by evidence of their financial materiality and increasing institutional adoption. The document analyses the scale and characteristics of demand among high-net-worth individuals, identifying varying investor motivations and a potentially significant market. It further explores structural, informational, and behavioural barriers limiting wider adoption within private banking. The report also presents practical approaches discussed by participants to support implementation, including client engagement strategies, product development considerations, and institutional measures to facilitate broader uptake.