Tagged: sustainability

March 13, 2023 @ 8:42 am By Omar Faridi  |  

Finastra has announced the availability of its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. Open and scalable, ESG Service “facilitates the integration of sustainability performance target criteria into ESG pricing for both Finastra Loan IQ and other back-office systems in the market.”… 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 5, 2023 @ 6:00 pm By Omar Faridi  |  

Sunstone Credit, Inc., a technology-enabled clean energy financing platform that helps businesses go solar, announced an oversubscribed $20 million Series A funding round. The investment round was “led by an affiliated fund of Greenbacker Capital Management LLC, which provides flexible capital and best-in-class guidance for… Read More

January 29, 2023 @ 6:00 pm By Omar Faridi  |  

As the “crypto winter” continues to drag on, Bitcoin miners are feeling the effects of the prolonged bear market. Many miners, particularly those operating at a small scale, have been forced to shut down operations due to the lack of profitability. However, for those who… Read More

January 26, 2023 @ 8:21 am By Omar Faridi  |  

Smart Pension, which claims to be one of the UK’s leading workplace pension providers, announces the launch of three new fully sustainable lifestyle strategies “with different growth fund options: the Smart Sustainable Growth Core Fund, Smart Sustainable Growth Fund (the Smart Pension default fund) and… Read More

January 16, 2023 @ 7:25 pm By Omar Faridi  |  

For the past 17 years the World Economic Forum’s Global Risks Report has warned about “deeply interconnected” global risks. Conflict and geo-economic tensions have “triggered a series of deeply interconnected global risks,” according to the World Economic Forum’s Global Risks Report 2023. These include energy… Read More

January 15, 2023 @ 7:22 pm By Omar Faridi  |  

Jumio, the provider of end-to-end identity proofing, risk assessment and eKYC/AML compliance solutions, announced its partnership with GetGo, which claims to be the largest car-sharing service in Singapore, “to create an ecosystem where mobility is shared and sustainable for all.” GetGo prides itself on an… 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

January 6, 2023 @ 7:27 pm By Omar Faridi  |  

Maybank announced that it is offering Flood Relief Assistance to individual, SME and other non-retail customers “affected by floods arising from heavy rainfall recently.” The relief assistance is “aimed at easing the financial burden of Maybank customers impacted by the floods.” The Flood Relief Assistance… Read More

December 19, 2022 @ 8:01 pm By Omar Faridi  |  

Cerved, the Italian platform focused on credit risk analysis and management, has signed a strategic partnership with Greenomy, the ESG Market Infrastructure, “to deliver a new service on the Italian market designed to help businesses comply with new EU Sustainable Finance regulations (EU Taxonomy, CSRD,… 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 26, 2022 @ 5:14 pm By Omar Faridi  |  

The partnership between the banking platform, Temenos (SIX: TEMN), and Greenomy’s, EU Taxonomy alignment SaaS solution, “expedites fully automated non-financial reporting and monitoring of the alignment of the bank’s assets in their banking book against their sustainability objectives.” The implementation of EU Taxonomy (EUTax), the… Read More

November 24, 2022 @ 2:33 pm By Omar Faridi  |  

UOB EVOL cardholders will now be able “to offset 100 per cent or more of their household electricity carbon footprint for free when they charge SP Group’s (SP) utilities bills to their credit card, via a new exclusive feature jointly launched by UOB and SP… Read More

November 15, 2022 @ 8:32 am By Omar Faridi  |  

LSEG (London Stock Exchange Group) and Mizuho Financial Group, Inc., one of Japan’s leading global financial institutions, announced an agreement “to collaborate in providing sustainability solutions to the bank’s corporate clients.” The agreement will enable Mizuho “to strengthen its offering to customers by combining LSEG’s… 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

November 4, 2022 @ 10:33 am By Omar Faridi  |  

Sustainability and climate protection are “central challenges” of our time. Therefore, the EU is successively “obliging companies, credit institutions and other financial service providers to make the sustainability of their economic activities measurable within the framework of the EU Taxonomy Regulation.” The aim is “to… Read More

October 30, 2022 @ 4:04 pm By Omar Faridi  |  

As the financiers of two-thirds of the European economy, banks “bear an important responsibility to propose real solutions to mitigate climate change.” This partnership between Swedbank and eAgronom with regard to issuing sustainability-linked loans and leasing will have “a significant impact, as agriculture is one… 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