Tagged: sustainability

November 29, 2023 @ 4:12 am By Omar Faridi  |  

Deloitte’s Financing the Green Energy Transition report found that new cost-reducing finance instruments can “help de-risk green projects in developing economies while making investing in these projects more attractive, helping to fuel a global just energy transition.” Achieving net-zero greenhouse gas emissions by 2050 will… Read More

November 26, 2023 @ 9:42 pm By Michael Wong  |  

The future of Philippine fintechs, which have basic characteristics centered around innovation and sustainability, will be driven in major part by investments that value environmental, social and governance (ESG) principles, analysis from consumer finance company Digido revealed. The global sustainability technology (SusTech) industry, characterized to… Read More

November 26, 2023 @ 7:37 pm By Omar Faridi  |  

Lloyds Banking Group, a UK based financial services group, has released the first Housing Stocktake 2023 report sharing insights on “the stalling efforts to decarbonize the UK’s housing stock.” In the UK, homes are one of the highest emitting sectors, “with the 28 million residential… Read More

November 18, 2023 @ 4:03 pm By Omar Faridi  |  

More than nine in ten investors (94%) believe corporate reporting on sustainability performance contains unsupported claims, according to PwC’s 2023 Global Investor Survey. The survey – now in its third consecutive year – “queried 345 investors and analysts across geographies, assets classes, and investment approaches… Read More

November 14, 2023 @ 11:02 pm By Omar Faridi  |  

In the UK, early adoption of renewables has seen significant progress on delivering Net Zero, but global challenges and the need “to tackle the harder to abate sectors could see progress stall in the coming years,” according to KPMG’s 2023 Net Zero Readiness Report. The… Read More

November 1, 2023 @ 1:34 pm By Omar Faridi  |  

Greenly, the carbon accounting platform that helps 1,500+ companies worldwide measure and then reduce their carbon footprint, has announced its new Climate Rating System, using a points and medal system– Bronze, Silver, Gold and Platinum – in order “to measure the reality of their customers’… Read More

October 27, 2023 @ 12:12 pm By Omar Faridi  |  

The Fitch index has reportedly given CaixaBank an ESG Entity Rating score of 2. This initiative in the sector is geared towards providing information and advisory services to foster the implementation of sustainability in companies and “support them in processes such as decarbonization and environmental… Read More

October 26, 2023 @ 11:10 pm By Omar Faridi  |  

UK’s “greener” digital bank Tandem has committed to a new office in London, “reconfirming its commitment to the UK’s fintech capital.” The new site, located in 10 Bloomsbury Way, London WC1A 2SL “offers an excellent location with facilities and infrastructure, enabling Tandem to add yet… Read More

October 14, 2023 @ 5:55 pm By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension schemes, announces that it aims to reduce the emissions of its default growth fund by 75% by 2030. This new target swiftly follows the announcement that Smart Pension “had achieved a 50%… Read More

October 13, 2023 @ 4:46 pm By Omar Faridi  |  

The Financial Stability Board (FSB) published its annual progress report on climate-related disclosures. The report has been delivered to G20 Finance Ministers and Central Bank Governors for their 11-12 October 2023 meeting. The FSB welcomes the publication of the ISSB Standards, which will “serve as… Read More

October 13, 2023 @ 9:13 am By Omar Faridi  |  

Tandem, the UK’s greener digital bank, has appointed James Streeter as Head of ESG, supporting its drive to keep sustainability at the core of Tandem. In this newly created role, James will aim to “set the environmental, social and governance (ESG) strategy for Tandem; taking… Read More

September 24, 2023 @ 10:02 pm By Omar Faridi  |  

Payhawk, the global spend management platform, announces ‘Payhawk Green’, the new platform features to help companies make more sustainable decisions related to company spending. The features are “available to all customers at no additional cost.” Payhawk Green will help companies make more sustainable decisions related… Read More

September 23, 2023 @ 6:08 pm By Omar Faridi  |  

More than 4 out of 5 prospective home buyers consider climate risks as they shop, new Zillow (NASDAQ: Z and ZG) research shows. Most say their major concern “is flood risk, followed by wildfires, extreme temperatures, hurricanes and drought.” Zillow senior population scientist Manny Garcia… Read More

September 18, 2023 @ 7:34 am By Omar Faridi  |  

Boston Consulting Group (BCG), a management consulting firm, announced a new partnership with Doconomy, a provider in climate technology, aimed at supporting financial institutions in the development of their sustainability agendas. Doconomy has developed “an ecosystem of financial tools to enable users to make environmentally… Read More

September 11, 2023 @ 3:54 pm By Omar Faridi  |  

Sacyr published its Sustainable Financing Framework to integrate sustainability into the company’s financing policy. The document incorporates “all current types of sustainable financings existing in the market, and it follows the International Capital Market Association (ICMA) and the Loan Market Association (LMA) principles for green,… Read More

September 10, 2023 @ 10:25 am By Omar Faridi  |  

A BNP Paribas survey of 420 asset owners and managers, hedge funds and private equity firms shows that institutional investors are mobilizing capital towards investments that will deliver measurable positive impacts alongside financial returns. Despite data constraints posing the biggest barrier to ESG integration, “especially… Read More

September 7, 2023 @ 11:42 am By Omar Faridi  |  

As part of its ongoing initiatives aimed to positively impact the environment at a global level, branded payments provider Blackhawk Network (BHN) says that it is working alongside Visa (NYSE: V) in order to transition its network branded prepaid products “distributed by third party retail… Read More

September 1, 2023 @ 3:59 pm By Omar Faridi  |  

This strategic partnership showcases Copper‘s continued commitment to providing secure and reliable custody services “for innovative blockchain projects and protocols and promoting sustainability.” Copper, a digital asset infrastructure provider, is has officially integrated custody support for Sustainable Bitcoin Protocol‘s new asset, the Sustainable Bitcoin Certificate… Read More

August 28, 2023 @ 11:04 pm By Omar Faridi  |  

The increased cost of doing business is “preventing the UK’s 5.5m small and medium-sized businesses from going green,” new research finds. With core inflation rates at 6.8% – the highest in 31 years – protracted high costs could be delaying SME owners’ plans “to green… Read More

August 28, 2023 @ 8:18 am By Omar Faridi  |  

Brazil will require an estimated $200 billion (BRL 1 trillion) investment to reach its 2030 climate goals, according to a new study released by the World Economic Forum. That’s over $100 Billion USD more “in climate transition investments than the country is currently on track… Read More