ESG investing: A beacon for future finance or merely a green façade?

ESG investing A beacon for future finance or merely a green façade?

The latest episode of Fenergo FinTalks podcast, an series keeps its audience updated with the latest developments in the RegTech, compliance, and anti-money laundering (AML) sectors, focused on Environmental, Social, and Governance (ESG) investing.

Lesley Li, CEO of uIMPACT, was a special guest on this episode. uIMPACT is a forward-thinking firm with the lofty ambition to make sustainable investment an attainable goal for millions globally.

Li has an inspiring story, having boldly stepped away from a successful banking career spanning more than ten years to embark on a new journey as an entrepreneur. Driven by a passion to effect real-world change, she leverages her in-depth financial knowledge to address financial inequality while simultaneously promoting sustainability. This, she contends, is where the future of finance truly resides.

Li’s overarching mission is to assist financial institutions in enabling their clients to transition to sustainable investing. She envisions a future where engaging with ESG is as effortless as making an online purchase.

In this illuminating episode of FinTalks, Li, alongside host Dhanum Nursigadoo, grapples with the concept of greenwashing, exploring why it exists and what the ESG movement actually signifies. They also consider the weighty question of whether ESG can indeed be the saviour of our planet.

Together, they delve into various facets of ESG, covering topics such as:

  • Deciphering the degrees of green: Just how sustainable is your FinTech?
  • The necessity for all FinTech firms to plan for long-term sustainability
  • The impact of the absence of standardisation and understanding of ESG data on the adoption of EU sustainability standards

Li further investigates the sustainability of ESG, challenging companies to reflect on whether they are creating something truly needed by all. This involves an inquiry into whether sustainability has evolved into a bona fide avenue for profitability.

“Being profitable is one of the pillars of sustainability, enabling ultimate sustainability: Environmental, Social, and economic,” said uIMPACT CEO Lesley Li.

Listen to the podcast here.

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