Challenger vs traditional banks 2023

Author
Mobiquity
Publication Date
24 October 2023

Challenger vs traditional banks 2023

While the global conversation around sustainability continues to gain momentum, it's important to recognise that the financial sector is part of this evolving dialogue. This report focuses on the nuanced differences between traditional and challenger banks in their approach to sustainability, aiming to offer insights into the unique challenges and opportunities that different types of banks face.

With significant investment opportunities linked to climate change mitigation and adaptation, the subject remains relevant for all players in the field. Regulatory changes are on the horizon, but they are just one part of the equation. A new generation of consumers and employees is gradually shaping the way brands think about their purpose, extending beyond mere compliance to a more holistic view of what sustainability means. Technology continues to offer innovative solutions, from artificial intelligence to advanced data analytics. However, the effective use of these tools requires a cultural commitment to sustainability as a core organisational value.

For the report findings 600 C-suite banking executives across the United States, United Kingdom, the Netherlands and Australia were surveyed by Censuswide.

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