Tagged: eco-friendly

April 8, 2023 @ 11:46 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. This move further “reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way to reduce… Read More

April 3, 2023 @ 6:42 am By Omar Faridi  |  

In yet another initiative with the aim of taking care of our planet, C6 Bank launched the Carbon Extract, being the “first” bank in Brazil to launch a tool of this type in its application. In this new bank tool, it is possible “to calculate… Read More

March 29, 2023 @ 9:57 pm By Omar Faridi  |  

New Zealand-headquartered green fintech firm Cogo conducted a survey to uncover Japanese customer attitudes towards banks and financial apps “helping them drive sustainable lifestyles.” Administered in collaboration with strategic design and sustainability consultancy Fabric, the survey “engaged 1,966 participants who use banking and financial apps… Read More

March 3, 2023 @ 4:55 pm By Omar Faridi  |  

Sustainable investment solution provider u impact has joined forces with specialized green banking software provider ecolytiq in order “to introduce innovative sustainable investment products to a wider branch of private investors.” Through a combination of u impact’s interactive investment sustainability analysis and the ecolytiq Sustainability-as-a-Service… Read More

February 20, 2023 @ 11:47 pm By Omar Faridi  |  

PensionBee, a online pension provider, has calculated that “moving £1 trillion, the approximate value of UK defined contribution pension funds of around 28 million UK savers that are mostly held in ‘default’ investment plans, to ‘positive impact’ funds, could reduce the carbon footprint of UK… Read More

February 6, 2023 @ 4:07 pm By Omar Faridi  |  

Vancity took another step recently in its commitment to climate action. It is reportedly one of the first financial institutions in Canada “to offer its members a way to estimate the CO2 emissions that come from their purchases.” Every Vancity Visa credit cardholder “can track… Read More

January 9, 2023 @ 1:10 am By Omar Faridi  |  

XeroE, which provides emission-free deliveries, using their science-based software for impact-driven businesses, has acquired 56% (£256,076) of its £450,004 target from 86 investors (at the time of writing) through the firm’s crowdfunding campaign, carried out via Seedrs. Located in London, XeroE operates in the Automotive… Read More

December 12, 2022 @ 11:48 am By Omar Faridi  |  

Return, which claims to be the “first” automated blockchain emissions offsetting solution, announced a partnership with Flowcarbon, a “pioneering” climate technology company that is focused on “facilitating carbon reduction and removal solutions.” As Web3 continues to expand in size and scope, environmentally-conscious users “demand an… Read More

December 11, 2022 @ 11:07 pm By Omar Faridi  |  

Bank of Ireland announced 2030 greenhouse gas emission reduction targets which have been formally “validated by the Science Based Targets initiative (SBTi).” The Bank is reportedly the first Irish bank, and one of the first in Europe, “to have its goals validated by the SBTi,… Read More

November 9, 2022 @ 9:25 pm By Omar Faridi  |  

With the risk of carbon dioxide and other greenhouse gas emissions pushing past dangerous warming thresholds, DBS (SGX:D05) together with seven partners and supporters, have “committed to further build on efforts to nurture and scale the climate tech ecosystem.” DBS and global partners “launched the… Read More

October 20, 2022 @ 3:27 pm By Omar Faridi  |  

UOB (SGX: U11) recently announced the launch of the UOB Sustainability Compass at the Gateway to ASEAN Conference. The Sustainability Compass is a tool that “provides a step-by-step guide for small and medium-sized enterprises (SMEs) to overcome their inertia and kickstart their sustainability journeys.” As… Read More

October 19, 2022 @ 9:05 am By Omar Faridi  |  

We recently connected with Li Jun, Founder of Ontology, the project that claims it is bringing trust, privacy, and security to Web3 through decentralized identity and data solutions. Li Jun has commented on the key developments in the crypto and blockchain space following the Ethereum… Read More

September 6, 2022 @ 9:57 pm By Omar Faridi  |  

Maybank has designed its own Sustainable Product Framework (SPF) – the “first” by a Malaysian bank – “to enable greater development of green, social and sustainable products.” The framework, which will support the Group’s commitment of ‘Mobilizing RM50 billion in Sustainable Finance by 2025’, will… Read More

August 8, 2022 @ 10:28 am By Omar Faridi  |  

Tribaldata, which offers a climate coaching App allowing individuals to reduce their carbon footprint for free, has secured 101% (€428,207 ) of its €420,000 target from 85 investors through its crowdfunding campaign carried out via Crowdcube (with 11 days left in the sale). Trilbaldata reports… Read More

August 6, 2022 @ 8:59 am By Omar Faridi  |  

ING will be trialing a carbon footprint tracking app offered by Fintech firm Cogo with 350,000 mobile clients. The Footprint Insight feature is being made available to clients who currently use the bank’s Insight function, which groups their income and expenditure by spending category. Footprint… Read More

July 27, 2022 @ 10:17 pm By Omar Faridi  |  

BBVA has implemented a comprehensive cloud-based solution that “simplifies the process of sending and validating information, providing carbon footprint indicators and emission reduction tracking figures.” It is a platform that will “enable active, data-driven management of its sustainability policies.” Sustainability is one of the transforming… Read More

July 27, 2022 @ 9:56 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS) and Google Cloud have jointly launched the Point Carbon Zero Program “to drive the innovation, incubation and scaling of climate FinTech solutions in Asia.” The Program is “a collaboration under MAS’ Project Greenprint and seeks to use climate FinTech… Read More

July 26, 2022 @ 10:33 pm By Omar Faridi  |  

Mastercard  (NYSE: MA) announced that Ellen Jackowski will join the company as Chief Sustainability Officer “starting July 25, 2022.” In this role, she will be “instrumental in further integrating Mastercard’s Environmental, Social and Governance (ESG) strategy into the organization.” Mike Froman, vice chairman and president… Read More

July 16, 2022 @ 12:35 pm By Omar Faridi  |  

Their signature color may be blue, but Seccl says it’s “going green” this month. They’re thrilled to be powering GreenGrowth Investments, a new sustainable investment platform “for people who care about the planet, and one of Europe’s Top Wealthtech Startups to Watch in 2022.” The… Read More

July 12, 2022 @ 10:48 pm By Omar Faridi  |  

UOB (SGX: U11) recently launched a Green and Sustainable Deposits solution for its corporate and institutional clients, which is reportedly “the first such product in Singapore offered by a local bank.” The solution was “piloted with GIC.” Under this solution, the deposits are “deployed to… Read More