Rebuilding the Banking Industry's Reputation
In this four-part video blog series, Francis Quinn, Director of Corporate Social Responsibility (CSR) Technologies at WebFilings, shares his insights on CSR reporting following the World Economic Forum in Davos, Switzerland in January. In the final installment of the four-part CSR video blog series, Francis Quinn addresses the topic of the banking industry’s negative reputation and collapse.
Five years after the financial crisis, the trust in the banking sector continues to diminish, showing no signs of recovery. Banks must set forth plans to rebuild their reputation and recover, or they’ll lose their license to operate as companies with nuclear power and tobacco did in the past. The Wdesk CSR Reporting Solution can help banks create a transparent and sincere dialog to rebuild trust for the banking industry’s many stakeholders.
Watch the above video to hear Francis’ thoughts on the future of banking. To learn more about CSR Reporting on Wdesk, click here.