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Economic uncertainties have seen Western economies grapple with challenges such as high-interest rates, amidst geopolitical issues like the war in Ukraine. This ripple effect has significantly impacted the wealth management sector. According to a recent BCG report, the global financial wealth experienced a reduction for the first time in 15 years in 2022, dwindling by...
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Is ESG reporting confidence waning amongst business leaders?
A recent survey by KPMG suggests only 1 in 4 companies feel highly confident in meeting ESG reporting requirements across several jurisdictions. Businesses are increasingly expecting their strategies to enhance business and financial outcomes in diverse areas, such as M&A, product opportunities, talent retention, and customer loyalty. Of the leaders surveyed, 43% reported a stronger...
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Position Green, hailing as the Nordic region’s paramount independent pure play sustainability enterprise, has unveiled its brand-new podcast series titled “Sustainable Edge” to complement its annual ESG100 report. This series will be steered by Joachim Nahem, Co-Founder and Executive Chair of Position Green. It promises to bring forth a myriad of guests, each offering their...
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Despite coming into the corporate lexicon in 2004, ESG remained fairly invisible for over a decade. With the fight for the climate heating up, ESG has become a huge part of the climate change discussion. “ESG has become a huge industry”, said Regnology SVP of product management Bodo Windmöller. “Considering the rapid growth of ESG-labelled funds launched...
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As the pressures increase for firms to act sustainably, there is a risk more will look to embellish their green efforts.
Greenwashing is still a widespread problem. As the pressures increase for firms to act sustainably, both through regulation and customer expectations, there is a risk more will look to embellish their green efforts. In a recent survey from Google Cloud, 80% of 1,491 executives across 16 countries claimed their organisation was above average for environmental sustainability....
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Climate change, cost of living & geopolitics among top points at Davos 2023
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. Position Green, a provider of ESG reporting software, stated this focus on climate change is refreshing compared to the previous events where sustainability issues have been forgotten...
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As technological innovation and changing customer behaviours continue to disrupt established financial service channels, the bancassurance model is coming under pressure. Pricing sophistication will help bancassurance operators meet the challenges of today. A whitepaper from Akur8, a next-generation pricing solution, explored how bancassurance became such a successful part of the bank industries business model, identified some of...
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Regnology on ESG data and reporting: challenges, Europe, and the consequences of fragmentation
Regnology believes that ESG should be at the centre of a company’s activities, from finance to risk departments and credit ratings. A good ESG data strategy is key to this. What is the current status of ESG reporting? The industry is currently in a “market frenzy” when it comes to ESG and data reporting. That’s according...
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What 2023 will mean for FinTech
Last year was quite the rollercoaster. As 2023 kicks off, what will the biggest developments and trends will be? Here is a look at some of those. The financial market has taken a beating over the past year, and everyone is back into a situation of survival. The effects of this are already being felt...
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The Earth has reached its tipping point. The warning signs are loud and clear and have been for decades. Quantifying Nature has set out to mobilise positive environmental change at scale by quantifying the financial risks of climate change & biodiversity loss.  The company’s core belief is that the current information gaps and language barriers...
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