According to Mercer, generational changes in the workforce will also account for greater priority in ESG strategies. Millennials and Generation Z will make up most of the workforce by 2029. These emerging demographics tend to have greater environmental and societal concerns than previous generations.
In this case study, you are a non-executive director in a financial services company. The company has experienced great success and has earned significant profits through lending assets in unit-linked funds to borrowers, in return for substantial fees to the company. The fees are so significant that they more than compensate the company for any credit risks being taken.