NatWest unveils innovative energy-saving tool for UK small businesses
NatWest, a prominent UK banking and financial services company, has introduced an innovative digital tool specifically designed to assist the nation's 5.5 million small businesses. This tool is geared towards helping these businesses save on their energy bills and reduce their carbon emissions, a crucial step especially during the winter months.
How did ESG fare in 2023 and what is in store for 2024?
FinTech Global discussed with Alexander Stevens, CEO of Greenomy, a developer of ESG and sustainability reporting software, the major ESG trends of 2023 and his predictions for 2024.
Malaysia’s ACSR to consult on ISSB Standards for enhanced sustainability reporting
The Advisory Committee on Sustainability Reporting (ACSR), led by the Securities Commission Malaysia (SC) and supported by the Ministry of Finance, is set to hold an online public consultation next month. This event will focus on the integration of the sustainability disclosure standards by the International Sustainability Standards Board (ISSB) within Malaysia.
Sphera expands ESG capabilities with strategic acquisition of SupplyShift
Sphera, a leading provider of ESG performance and risk management software, data, and consulting services, has announced its acquisition of SupplyShift, a supply chain sustainability software company known for empowering businesses to build transparent, responsible, and resilient supply chains.
FinTechs failing to address carbon emissions despite helping others reduce theirs
The urgent need for sustainability is evident, with a staggering 69% of global consumers opting for eco-friendly products and services, as per IPSOS. Amidst this environmental awakening, the FinTech sector, while championing sustainable innovations, must also introspect and mitigate its own carbon emissions.
Navigating ESG reporting for SMEs: Strategies and challenges
Currently, non-listed small and medium-sized enterprises (SMEs) in the EU are not required to report on their environmental, social, and governance (ESG) practices under the EU Green Deal directives like CSRD/EU Taxonomy/CSDDD. However, market realities are such that SME stakeholders, including investors, banks, and customers, are already imposing these reporting requirements.
Navigating ESG reporting compliance: 5 tips for investors and portfolio firms
Position Green, an ESG FinTech company, has offered some insight into how firms can spark engagement among portfolio companies during the reporting season.
HSBC’s Manuel Vicente joins Climate X as VP commercial strategy
Climate X, a renowned climate risk financial data firm, has announced the appointment of Manuel Vicente as its Vice President of Commercial Strategy.
Future, a climate-positive FinTech, secures $6.5m for eco-friendly rewards expansion
Future, a climate-positive FinTech firm, has raised $6.5m in funding, contributed by a mix of new and existing investors.
Mastering ESG compliance: key strategies for forming a dynamic reporting team
As the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy gain momentum, companies are prioritising their ESG reporting strategy. Central to this strategy is...