Tagged: sustainability

May 28, 2023 @ 9:05 pm By Omar Faridi  |  

NatWest Group has announced that, from today, it aims to provide an additional £1 billion in lending to the UK Manufacturing sector by the end of 2030, aiming “to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy… Read More

May 25, 2023 @ 6:05 am By Omar Faridi  |  

The Commonwealth Bank of Australia’s (CBA) is launching a new tool to help small and medium sized enterprises (SMEs) to embed sustainability into their operations. CBA’s new Sustainability Action Tool “provides insights into actions businesses can take to reduce their environmental impacts and lower costs.”… Read More

May 21, 2023 @ 10:02 pm By Omar Faridi  |  

Solaris, Europe’s embedded finance platform, published its first sustainability report, detailing sustainability performance and activities covering the entirety of 2022. Following the implementation of Solaris’ ESG strategy titled ‘Nature, People, Business’ (NPB) last year, the report “highlights key steps that the organization is taking to… Read More

May 17, 2023 @ 6:30 am By Omar Faridi  |  

The Centre for the Fourth Industrial Revolution Malaysia (C4IR Malaysia) was officially launched by the Prime Minister of Malaysia, Anwar Ibrahim, and the President of the World Economic Forum, Børge Brende. C4IR Malaysia will “play a crucial role in driving the advancement of the digital… Read More

May 11, 2023 @ 8:12 am By Omar Faridi  |  

Cassini Systems, which claims to be the industry leader of pre- and post-trade margin and collateral analytics for derivatives market participants, announces its partnership with CF Partners, the provider of energy and environmental solutions for companies looking for a low-carbon future, with services including emissions… Read More

May 8, 2023 @ 6:08 pm By Omar Faridi  |  

Westpac is rolling out a new feature on its banking app, which will allow customers to estimate their carbon footprint. Westpac customers will soon be able “to track their carbon footprint, with new functionality on the banking app that enables those with eligible accounts to… Read More

May 3, 2023 @ 1:23 pm By Omar Faridi  |  

Bitdeer Technologies Group (NASDAQ: BTDR), a technology company for the cryptocurrency mining community, and Druk Holding & Investments (DHI), the commercial arm of the Royal Government of Bhutan, announce a strategic partnership in order “to develop environmentally sustainable, carbon-free digital asset mining operations in the… Read More

April 30, 2023 @ 10:47 pm By Omar Faridi  |  

The Government of Singapore announced increases in the Additional Buyer’s Stamp Duty (ABSD) rates in order to support a sustainable property market. The revised rates will “take effect from 27 April 2023.” The implementation of the property market measures in December 2021 and September 2022… Read More

April 24, 2023 @ 9:49 pm By Omar Faridi  |  

According to figures certified by the China Environmental United Certification Center (CEC), Ant Group has once again “achieved operational carbon neutrality (Scope 1 & 2) for the second consecutive year, following the company’s initial achievement in 2021.” This marks another concrete step for Ant Group… Read More

April 22, 2023 @ 2:54 pm By Omar Faridi  |  

Commonwealth Bank is expanding its range of green financing to support home loan and personal loan customers “to enhance the energy efficiency of their homes, and purchase electric and hybrid vehicles.” The Green Loan is described as being “a low, 10-year secured fixed rate and… Read More

April 19, 2023 @ 10:05 pm By Omar Faridi  |  

CaixaBank is marking this year’s “World Earth Day” with an innovative activity at its “all in one” centers in Ibiza, Burgos, Valencia, Barcelona and Madrid. All customers visiting these centers will be able “to participate in the metaverse in a memorable experience on caring for… Read More

April 18, 2023 @ 11:28 am By JD Alois  |  

Seedrs, part of Republic, has commented on its performance in the impact investing sector. In a Tweet, Seedrs noted that, to date, the online investment platform has enabled the following: £330 million in funding for sustainability-focused startups Sustainability securities offerings listed on the platform hold… Read More

April 9, 2023 @ 4:22 pm By Omar Faridi  |  

Citi (NYSE: C) has announced the launch of a new sustainable time deposit solution designed to assist U.S. institutional clients when investing excess cash while supporting their sustainability goals. Citi’s new Sustainable Time Deposit (TD) will “deliver competitive yields and supports projects identified under Citi’s… Read More

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 8, 2023 @ 10:39 am By Omar Faridi  |  

Eleven new sustainability-focused start-ups joined Societe Generale’s (GLE.PA) flagship Global Markets Incubator (GMI) dedicated “to developing ground-breaking solutions for the financial industry.” From a selection pool of over 140 applicants, these start-ups are “addressing some of the finance industry’s biggest ESG concerns, including carbon emissions… Read More

April 7, 2023 @ 12:29 pm By Omar Faridi  |  

The Celo Foundation is pleased to announce a new partnership with Google Cloud in order to bolster the growth of mission-aligned projects in Celo’s blockchain ecosystem and to expand the early adoption of Google Cloud services. As cLabs’ preferred Cloud provider, Google Cloud’s secure and… Read More

April 4, 2023 @ 2:11 pm By Omar Faridi  |  

SEB and Crédit Agricole CIB are jointly launching so|bond, a “sustainable and open” platform for digital bonds built on blockchain technology. Through the platform, issuers in capital markets will be able “to issue digital bonds onto a blockchain network, aiming at improving efficiency and enabling… 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 18, 2023 @ 11:51 am By Omar Faridi  |  

Klarna, a global payments provider and shopping service, announced the launch of conscious badges in the Klarna App in collaboration with Clarity AI, the global sustainability tech platform. Klarna continues “to evolve beyond payments to become a starting point for every purchase for 150 million… Read More