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Sustainable Finance Market Share

Report ID: GMI6356
Published Date: Jun 2024
Report Format: PDF

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Sustainable Finance Market Share

BNP Paribas, Deutsche Bank AG, Goldman Sachs and HSBC Group hold a market share of 7% in sustainable finance industry. Goldman Sachs and Deutsche Bank AG are major players in the financial sector and have devised various plans to include sustainable financing in their business practices. Goldman Sachs has made significant pledges to sustainable finance, including a promise to raise USD 750 billion by 2030. This pledge includes several projects, including investments in marginalized communities, sustainable transportation, and renewable energy projects.

Deutsche Bank has directed its efforts in sustainable finance, by creating a sustainable finance framework. This framework includes guidelines, practices, and standards for assessing and carrying out transactions using sustainable financing. Like Goldman Sachs, Deutsche Bank actively issues sustainable loans to its clients and issues green bonds. These financial tools provide support for initiatives like sustainable agriculture, clean transportation, and renewable energy that are in line with environmental sustainability goals.

Sustainable Finance Market Companies

Major players operating in the sustainable finance industry are:

Blackrock
HSBC Group
Deutsche Bank AG
Goldman Sachs
BNP Paribas
UBS
Bank of America

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of sustainable finance reached USD 5.4 trillion in 2023 and is set to witness 22% CAGR between 2024 and 2032, due to the growing awareness about environmental and social issues.

The institutional investor segment held 79% of the market share in 2023, owing to the government incentives, technological developments, and shifting consumer preferences.

Europe market accounted for 39% revenue share in 2023, driven by the EU's Green Deal, extensive investments in sustainable finance products, and support from green banks and development finance organizations.

Blackrock, HSBC Group, Deutsche Bank AG, Goldman Sachs, BNP Paribas, UBS and Bank of America.