Nick McKee is Bank of America’s head of U.S. energy and power corporate banking. Andrew Karp is Bank of America’s head of ESG advisory and financing solutions.
Environmental, Social and Governance has the energy and utilities industry driving not just toward profits, but how to sustainably improve society. Yet in money matters, shareholders and bottom lines come into play, so adding ESG in the mix becomes part of a delicate balance.
Of course, corporate bankers are involved in ESG, engaging in partnerships with utilities and helping them understand all ESG entails. Depth of experience matters too, as Bank of America focused on green bonds as an asset class as far back as 2007.
PUF brings here two experts to dig deep on the subject of ESG. PUF discussed the latest with Bank of America's Nick McKee and Andrew Karp, as well as where ESG is heading. This is a discussion you don't want to miss.
PUF's Steve Mitnick: Why is ESG an important subject for Bank of America?
Andrew Karp: ESG is part of the DNA of Bank of America. It is part of everything we do here and how we drive responsible growth as a firm. It influences the culture, and our business decisions, and that comes from the top of the organization.