In this enlightening interview, we are joined by Lovey Dashottar, a seasoned Vice President with an impressive career spanning 14 years across banking and management consulting. Currently, Lovey Dashottar leads strategic initiatives at DBS Bank's Chief Sustainability Office.
Lovey Dashottar is here to share profound insights into the realm of sustainable finance strategy and change management. This discussion is of utmost importance to anyone seeking a greater understanding of the impact of environmental, social, and governance ratings (ESG) on contemporary businesses. Listeners will gain valuable knowledge on approaching sustainability within their own organizations, learning from a world-class expert on effectively handling the risks of greenwashing, and creating positive impacts outside of banking.
Here are the reasons why you should listen to the full interview
- Discover the importance of keeping abreast with the latest research on sustainability and the pitfalls of not doing so.
- Learn how to safeguard your business against the risks of greenwashing and nurture a genuine culture of sustainability.
- Understand the crucial role of diversity and societal consciousness in ensuring business longevity and competitiveness.
Resources
Interview Highlights
The Reliance on Scientific Research in Sustainable Finance Strategy
- Importance of having a science-based pathway for sustainability strategies.
- DBS Bank's role as an enabler in society, reinforcing the transition towards sustainable pathways.
"Our commitment towards net zero is based on up-to-date, established scientific research."
Mitigating the Risks of Greenwashing -Lovey Dashottar
- The dangers posed by falling into the trap of greenwashing.
- Importance of businesses being conscious about their environmental impact.
"Awareness is the first step towards creating a genuine culture of sustainability."
Impact Beyond Banking -Lovey Dashottar
- The role of banking is not only in finance, but creating positive societal impacts.
- Ms. Dashottar discusses the broader social responsibilities of businesses, particularly in terms of gender diversity.
"Social consciousness is about ensuring diverse and equal representation in your business."
Leveraging Available Resources -Lovey Dashottar
- The need for businesses, especially small ones, to maximize the usage of available resources such as government subsidies.
- The importance of benchmarking against peers for continuous improvement.
"Benchmarking helps to identify areas for potential improvement and drive progress in these sectors."