Tagged: sustainability

September 27, 2024 @ 2:41 pm By Omar Faridi  |  

AMA-AMBIOGEO, a mining Joint Venture (JV) with a focus on sustainable resource management, announces the tokenization of $4.6 billion in gold reserves, using Tokeny’s technology to transform previously inaccessible real-world assets (RWA) into tradable and compliant digital securities. The JV between AMA Resources and AMBIOGEO… Read More

September 20, 2024 @ 2:59 pm By Omar Faridi  |  

The continued disruption around the world has put most of the Sustainable Development Goals (SDGs) out of reach, with only 17% of set targets currently on track to meet the 2030 deadline. Concurrently, the emergence of generative AI is “reshaping the world of business, with… Read More

September 12, 2024 @ 10:15 am By Omar Faridi  |  

Deloitte’s 2024 CxO Sustainability Report: Signs of a shift in business climate action shows that climate change remains a top three issue for global C-suite level business leaders (CxOs), surpassing political uncertainty, competition for talent, and the changing regulatory environment, among others. A key indicator… Read More

August 9, 2024 @ 8:47 am By Omar Faridi  |  

CaixaBank has mobilized a total of €67.16 billion in sustainable finance according to data at the end of June 2024. This figure means having surpassed “the objective of the bank’s Sustainable Banking Plan, included in the 2022-2024 Strategic Plan, six months before the end of… Read More

August 3, 2024 @ 5:14 pm By Omar Faridi  |  

Deutsche Bank has launched BASF’s first sustainability-linked payables finance program in Asia, with a focus on its operations in China. The solution meets global standards and has “been tailored to suit local business requirements.” The program will support BASF’s activities in China. The solution provided… Read More

June 26, 2024 @ 11:23 pm By Omar Faridi  |  

The Bank of Ireland has entered a new Enviroflex partnership with Aurivo Co-op. Sustainability-linked loans now available to members of leading agribusiness, according to the update from the Bank of Ireland. As mentioned in a blog post, the Bank of Ireland has formed a new… Read More

June 26, 2024 @ 8:17 am By Omar Faridi  |  

HeavyFinance is pleased to announce their partnership with CEEZER, a platform offering high-quality carbon removal and reduction projects. This partnership is said to mark a significant milestone for HeavyFinance and their investors. The voluntary carbon market “holds immense potential to validate climate mitigation beyond the… Read More

June 24, 2024 @ 1:33 am By Omar Faridi  |  

Danske Bank says it makes it easier to make sustainable investments directly via the Mobile Bank. A new feature from Danske Bank‘s mobile bank reportedly makes customers “more aware of how many sustainable investments they have in their portfolio – and what they can do… Read More

June 14, 2024 @ 10:47 pm By Omar Faridi  |  

Almost two-thirds (63%) of companies say they are very or extremely confident that they will be ready to report under the EU’s new Corporate Sustainability Reporting Directive (CSRD), according to PwC’s inaugural 2024 Global CSRD Survey, published today. The global survey, of more than 500… Read More

June 4, 2024 @ 7:15 am By Omar Faridi  |  

Societe Generale says that it paves the way for responsible global transaction banking (GTB), supporting its clients in their move toward a more sustainable and inclusive economy. In the face of changing market expectations and the absence of established market standards for sustainable GTB solutions,… Read More

May 30, 2024 @ 9:47 am By JD Alois  |  

Doconomy is reporting a €34 million Series B funding round led by S&P Global, UBS Next, and CommerzVentures. S&P is a new investor, and other existing investors who participated in the funding round include Motive Ventures, PostFinance, and Tenity. Doconomy is an “impact Fintech” that… Read More

May 21, 2024 @ 8:53 am By Omar Faridi  |  

KPMG has commented on the important step on the road to ISSB adoption in the United Kingdom. KPMG recently shared key insights on the announcement that the UK Government has established the UK Sustainability Disclosure Technical Advisory Committee. Providing their perspective on the announcement that… Read More

May 16, 2024 @ 10:39 pm By Omar Faridi  |  

Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, even as cost-of-living and inflationary concerns weigh, according to PwC’s 2024 Voice of the Consumer Survey, released recently. The survey, which collected “the perspectives of more than 20,000 consumers… Read More

May 5, 2024 @ 5:33 pm By Omar Faridi  |  

HeavyFinance has signed 300,000 hectares of farmland in western and central Ukraine to its carbon farming program, for a shift over to regenerative agriculture. Once farming practices across this extensive area have been shifted over to nature-based, sustainable and regenerative methods, the farming land “will… Read More

April 26, 2024 @ 11:41 am By Omar Faridi  |  

CaixaBank has reportedly become the first Spanish bank to adhere to the Pegasus Guidelines, the first voluntary climate-aligned finance framework for the aviation sector, “designed to help banks independently measure and disclose the emissions intensity and/or climate alignment of their aviation lending portfolios compared to… Read More

April 8, 2024 @ 2:52 pm By Omar Faridi  |  

EY announces the launch of a new Sustainable Finance Innovation Hub in Dublin to help financial institutions around the world accelerate their efforts to meet their environmental, social and governance (ESG) regulatory and reporting requirements. EY Ireland’s existing financial services sustainable finance team “will more… Read More

March 9, 2024 @ 12:04 pm By Omar Faridi  |  

Klarna, a global payments provider, has announced its significant sustainability achievements from the past year. In 2023, Klarna claims it saw “a significant uptick in the use of its features that provide consumers with information about the sustainability efforts of merchants and promote conscious shopping,… Read More

February 23, 2024 @ 9:16 am By Omar Faridi  |  

SIX is driving forward the increased inclusion of SMEs in financial markets. With their partnership, SIX and Greenomy are recognizing the pivotal role that SMEs can play in the transition to a sustainable and low-carbon economy. SIX’ new SME Sustainability Assessment Solution draws “on Greenomy’s… Read More

February 7, 2024 @ 6:34 pm By Omar Faridi  |  

Ant International, a digital payment and financial services leader dedicated to building an inclusive and sustainable global commerce ecosystem, is expanding its existing partnership with Yapily, the European open banking platform to introduce Europe’s first-ever commercial variable recurring payments (VRPs) for e-commerce via Open Banking… Read More

February 6, 2024 @ 5:23 am By Omar Faridi  |  

Geidea, which is reportedly known for its innovative solutions and market impact, announces its partnership with Fils, a firm focuse on simplified climate action, empowering businesses of all sizes to embed climate positivity into transactions using their API. Geidea’s collaboration with Fils “underlines its commitment… Read More