Jamie Dimonette wore a face mask and took a knee for what the bank described as his support for social equality. Jamie has been at the forefront of stepping up to say that businesses need to take a leadership role in changing this, says Morgan Stanley's chief executive officer. Are you hearing from shareholders on this topic with race so much in the headlines recently? They want to talk to the bank about what expectations do they have of JP Morgan when it comes to inequality? So, I do think this is going to be a topic that we raise proactively with our shareholders.
Climate change took "a bit of a backseat" during the first several weeks of the coronavirus pandemic as "governments and businesses frankly were really just focused on survival," JPMorgan Chase Head of Sustainability Marisa Buchanan said in an exclusive interview in the latest episode of "ESG Insider," an S&P Global podcast.
"As economies begin to rebuild [and] businesses have greater ability to focus on these issues, we're going to see budget and bandwidth come back hopefully," Buchanan said.
The episode is part of a series in which we talk to some of the world's biggest lenders about how they are adapting their environmental, social and governance strategies amid COVID-19 and widespread protests against racism following George Floyd's death in the custody of Minneapolis police.
Listen to the episode to hear to the full interview, and subscribe to ESG Insider to catch future episodes.
(Photo: AP)