Launched in September 2015 and founded by two entrepreneurs, OakNorth Bank is a fully-licensed UK neobank. It provides the UK’s fastest-growing and most ambitious businesses with the fast, flexible debt finance (loans of £250k up to tens of millions) they need to scale, while also helping savers make their money go further, via a range of award-winning and competitive saving accounts. Very involved in the fight against climate change, Oaknorth became one of the first banks globally to stress test its loan book against climate change risk.
On March 21, 2023, the Qorus SME Banking Community organized a Best Practices Forum entitled "ESG business potential for SMEs: From regulation to new services" (read our wrap-up article). On this occasion, Lukas Dzuroska hosted Matthew Bullivant, Director of ESG Strategy at OakNorth Bank. Matthew explained how OakNorth is fighting climate change and he shared his vision on how we can think about preparing and serving SMEs with regard to climate and ESG.
