ESG/Climate Risk

Climate tech investment marketplace HeavyFinance has raised €3m in its seed funding round as it looks to bolster European growth.

Around 4.6 million UK banking users would shop greener if shown the carbon impact data of their choices.

The Bank of Canada believes an offline Central Bank Digital Currency (CBDC) would help to boost financial inclusion.

Doconomy, a climate technology startup helping banks understand their environmental impact, has acquired Stockholm-based financial wellbeing FinTech Dreams Technology.

Temenos, an enterprise software developer for banks and financial services, has received validation from Science Based Target initiative (SBTi) for its emissions reduction targets.

Leaders of governments, businesses and NGOs met last week at the World Economic Forum, which was hosted in Switzerland. Topping their concerns were climate change, cost of living and geopolitics.

Visa will team with Plan A to offer its Sustainability platform as a part of its FinTech Partner Connect programme to Visa’s issuer network.

Carbon footprint management expert Cogo has partnered with challenger bank Tandem to help banking customers better manage their carbon footprint.

As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.

Sugi, a platform that shows retail investors the environmental impact of their investments, has expanded to cover fixed income investments.