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Financial services
can change the world

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We asked 3,500 consumers their thoughts on sustainability

Uncover consumers’ thoughts, motivations and barriers

Download full report

To meet both consumer expectations and accelerate the transition to a more sustainable world, the financial services industry needs to act now.

Most people expect sustainable financial services to become the norm (93%) – and almost half expect this to be the case by 2025.

 

Countdown to 2025

2025 is seen as the key milestone date which sustainable finance will become mainstream

A green pension is 21 times more effective than giving up flying, becoming vegetarian and switching energy provider combined
Source: Make My Money Matter

Giving up flying, becoming vegetarian and switching energy provider combined are less effective than a green pension

Yet, only 12% think using sustainable finance products is the best way to positively impact sustainability
Source: PA Consulting

Finance is the biggest lever many consumers have to live sustainably – but few consumers understand the opportunity and those that do find the financial services industry offers few options.

Our research explores what consumers really want when it comes to sustainable finance: what issues inspire them? What barriers are stopping them from making more sustainable finance choices? And it helps financial services firms understand how to accelerate the transition to more sustainable saving, investment and spending.

THREE WAYS TO HARNESS THE OPPORTUNITY, NOW 

1

Build credibility

Trust has long been an area of improvement for financial services, and we see a need for firms to go beyond regulatory requirements to make sustainability 'business as usual' and re-build their credibility in the eyes of their customers.

Build credibility

2

Educate

People want to make confident, informed financial choices that support sustainability. And financial services firms have an undeniable role to support that desire.

Educate

3

Innovate

Consumers are looking for opportunities to save, invest and borrow with sustainability as a priority. While some institutions are taking steps in the right direction, so far it's not enough to meet this growing demand. We see plenty of room to develop.

Innovate

Report: Financial services can change the world by empowering the concious consumer

A wake-up call

The financial services sector has a pivotal role to play in driving the world in a more sustainable direction - to be strong voices as well as strong actors. Read our report to discover the thoughts, motivations and barriers for consumers, as well as our expert thinking on what firms can do today.

Download the report

Uncover consumers’ thoughts, motivations and barriers

Download full report

Contact

To find out more, get in touch with one of our experts today.

Jason Hill

PA financial services expert

Susanne Gildberg

PA financial services expert

Mark Lancelott

PA business design and sustainability expert

Knut Erlend Vik

PA financial services expert

Mark Griep

Head of PA Netherlands & financial services expert

Lan-Ling Fredell

Innovation and fintech expert