ESG/Climate Risk

Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka secures $10m in groundbreaking funding for carbon credit InsurTech

Oka, a pioneering force in the carbon credit insurance market, has recently heralded the successful closure of a substantial $10m funding round.
A new global report from Citi has revealed that 42% of its energy clients lack comprehensive climate transition plans.

Citi report reveals 42% of energy clients lack climate transition plans

A new global report from Citi has revealed that 42% of its energy clients lack comprehensive climate transition plans. Released on March 28, 2024, under...
A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.

Global travel insurance industry steps up its commitment to sustainability

A new initiative, known as the Travel Insurance Eco Challenge, has been launched aiming to foster sustainable travel practices within the global travel insurance industry.
Billups has partnered with Cedara, a leading carbon intelligence platform, to introduce sustainable practices across the Out-of-Home (OOH) advertising industry.

Billups and Cedara partner to pioneer global sustainability solution

Billups has partnered with Cedara, a leading carbon intelligence platform, to introduce sustainable practices across the Out-of-Home (OOH) advertising industry.
BNP Paribas Asset Management, a leading global investment management firm, is set to launch an eponymous Net Zero Transition Equity fund in a bid to reinforce its commitment to sustainability and addressing climate change. 

BNP Paribas Asset Management launches innovative Global Net Zero Transition Equity fund

BNP Paribas Asset Management, a leading global investment management firm, is set to launch an eponymous Net Zero Transition Equity fund in a bid to reinforce its commitment to sustainability and addressing climate change. 
The European Parliament has proposed a stricter verification system for environmental marketing claims to enhance consumer protection.

European Parliament advocates for stricter verification system for environmental marketing claims

The European Parliament has proposed a stricter verification system for environmental marketing claims to enhance consumer protection.
Deutsche Bank sets new sustainability benchmark with updated finance framework

Deutsche Bank sets new sustainability benchmark with updated finance framework

Deutsche Bank has unveiled its latest initiative in the realm of sustainable finance with the introduction of an updated Sustainable Finance Framework.
Climate Impact X secures notable S$30m funding led by Mizuho for carbon credit exchange expansion

Climate Impact X secures notable S$30m funding led by Mizuho for carbon credit exchange...

Climate Impact X (CIX), a pioneering global marketplace and exchange for quality carbon credits, has successfully secured an additional S$30 million (US$22.3 million) in funding, according to regulatory filings accessed by DealStreetAsia.
The European Union (EU) has revealed new standards that are designed to combat greenwashing by adopting new rules aimed at ensuring the accuracy of environmental marketing claims made by companies.

EU adopts new verification requirements to combat greenwashing

The European Union (EU) has revealed new standards that are designed to combat greenwashing by adopting new rules aimed at ensuring the accuracy of environmental marketing claims made by companies.
Barclays has recently announced significant revisions to its climate policy, reaffirming its commitment to advancing the global transition towards sustainable energy.

Barclays revises climate policy to strengthen sustainability efforts

Barclays has recently announced significant revisions to its climate policy, reaffirming its commitment to advancing the global transition towards sustainable energy.

News Stories

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud and Immediate team up to revolutionise pay cycles in staffing industry

AkkenCloud, a leading innovator in the Staffing Industry known for its advanced automation and AI-driven solutions, has announced a groundbreaking partnership with Immediate, a forward-thinking provider of pay access solutions.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies and HSBC Expat join forces to launch digital ID verification

Tiller Technologies, a leading RegTech company, has teamed up with HSBC Expat, a branch of HSBC Bank specialised in services for expatriates, excels in offering tailored banking solutions across the globe.
FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.

FinTech funding flourishes amid diverse week for deal activity

FinTech funding activity flourished this week as deals were completed on all corners of the globe, with a total of $694.5m raised over 19 tranches.
Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna and Milkywire team up to expand Nature Transformation Fund for global biodiversity

Klarna, an AI-powered global payments network and shopping assistant, and Milkywire, an environmental impact platform, have launched the Nature Transformation Fund.

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