Aligning ESG Regulations: The Path Toward a Sustainable Financial System

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With the implementation phase of ESG regulations underway, transparency, data accessibility, and fighting against anti-ESG sentiments become more vital than ever. As financial flows are redirected toward sustainable activities, this article explores how the financial sector is supporting the transition to a greener economy.

Sep 17, 2024

Celia Lambert Alcantara, Head of Sustainable Finance, ESG Compliance, Credit Agricole Corporate & Investment Bank

European ESG regulations are more stringent, but UK and international standards are aligning, showing a global commitment to transparency and sustainability.
The focus has shifted from creating new regulations to operationally implementing existing ones, a process that will take time as companies adapt.
ESG's positive momentum is challenged by anti-ESG sentiment in regions like the US, making transparency and clear communication critical in overcoming skepticism.
Financial institutions are central to sustainability efforts, and their role is often misunderstood, as they are working to redirect capital flows toward a more sustainable economy.

Celia Lambert Alcantara Bio

With a background in political science, economics and international affairs, Celia joined the banking industry almost 10 years ago. She joined the French Group Crédit Agricole back in 2015 and, after holding several roles within compliance at CACIB, became Head of ESG Compliance in 2022. Her mission is to ensure that the Bank is compliant with the many European and international regulations on sustainable finance, addressing the greenwashing and ESG non-compliance risks through the implementation of supervision controls and effective advisory to the businesses. In order to address the ESG issues, the bank has launched a transversal ESG program, sponsored by the Top Management, that she is co-managing along with the sustainable banking business.

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