When looking at developments and trends in the banking industry, one of the trends that Higgins identifies is within ESG. "When looking at the E within ESG which stands for environmental, all of it comes in the idea of what banks or banking in general can do for good. So, the impact that banks can have on society. And the current criteria that businesses and people in general face in order to have access to funding can be a motivating factor." Higgins thinks banking can be very interesting here. He mentions that the same goes not only with environmental responsibilities but social responsibilities as well. Higgins continues: "But it's important not to draw black-and-white lines here. For example, we know we need to reduce carbon emissions but if you were to say as a bank, we are not going to fund anything that has to do with coal anymore, that then has an enormous impact on countries that have an economy based around coal. So, this is where the social impact comes in, balanced with the environmental impact."