ESG FinTech

Chuka Umunna takes charge of JPMorgan’s green economy and sustainable solutions

JPMorgan has promoted Chuka Umunna to Managing Director, Global Head of Sustainable Solutions, and EMEA Head of Green Economy Investment Banking.
Blackbaud accelerates social impact innovation with latest tech startups cohort

Blackbaud accelerates social impact innovation with latest tech startups cohort

Blackbaud, a leader in software solutions for social impact, recently unveiled the latest group of early-stage companies joining its Social Good Startup Program.

S&P Global halts ESG ratings for Indian firms under new SEBI rules

S&P Global has ceased issuing ESG scores to Indian companies regulated by the Securities and Exchange Board of India (SEBI), following the implementation of stringent guidelines.
UK

UK urged to accelerate ISSB adoption for stronger climate finance

The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...

Scope 3 emissions pose significant financial risks, warns BCG and CDP report

Most companies and investors are not yet measuring and targeting reductions in Scope 3 value chain emissions, leading to significant overlooked and unreported financial risks in their supply chains, according to a new report released by BCG and environmental disclosure system CDP.
The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.

ECB researchers claim that EU banks have already reduced climate risk

The European Central Bank (ECB)’s climate-related supervision has already led to an improvement in banks’ risk exposure and management, and increased capital allocation towards green finance, according to researchers at the central bank.

FRC’s revised stewardship code eases reporting demands

The Financial Reporting Council (FRC) has implemented significant changes to the UK Stewardship Code, aimed at simplifying the reporting process for signatories. According to...

HSBC sets sights on sustainable finance with climate-focused infrastructure unit

HSBC has announced the creation of the HSBC Infrastructure Finance (HIF), a new division focusing on climate-aligned infrastructure and project financing. According to ESG News,...
environment

Navigating the future of sustainability: The role of AI in environmental strategies

The integration of AI, is transforming sustainability across various sectors. By handling extensive data analysis, AI equips sustainability experts with actionable insights, freeing them to implement strategies that have real-world impacts.

New Deloitte survey reveals major shift in corporate ESG strategies for 2024

A new survey from Deloitte has highlighted significant trends among public companies gearing up for enhanced ESG disclosures.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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