In a study by Deloitte and The Fletcher School at Tufts University, it has emerged that an overwhelming majority of global investors are now incorporating ESG considerations into their investment strategies.
Key UK CyberTech investment stats in 2023:
• UK CyberTech companies raised a combined $217m, a 55% drop from 2022
• UK CyberTech deal activity reached 61 transactions in 2023, a 9% increase from the previous year
• London was the most active CyberTech city in the UK with 32 deals, a 52% share of UK deals In 2023, UK CyberTech companies witnessed...
Nature Action 100 has taken a significant step forward in the global effort to combat the urgent crisis of nature and biodiversity loss.
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 the stewardship of Chief Executive Officer Jane Fraser, the report outlines Citi's strategy and commitment towards aiding clients across various industries and nations in their transition to a sustainable, low-carbon future, according to ESG News. The...
The ASEAN Taxonomy Board (ATB) has unveiled Version 3 of the ASEAN Taxonomy for Sustainable Finance, extending its scope to encompass the Transportation & Storage and Construction & Real Estate sectors. This release signifies a pivotal advancement in ASEAN's commitment to promoting sustainable finance across the region. By integrating Technical Screening Criteria (TSC) for these additional sectors, the ASEAN Taxonomy...
In the banking industry, adhering to IT compliance standards is crucial for maintaining data security, safeguarding customer privacy, and ensuring financial stability. The sector is governed by an intricate web of standards, ranging from global benchmarks to protect against cyber threats and secure sensitive information. HCL BigFix stands out as a vital tool in helping financial institutions navigate these stringent compliance requirements.
Emerald Bay Risk Solutions, a collaborative underwriting carrier, is formally launching with a significant strategic investment from Bain Capital Insurance.
Company News
Pacific Catastrophe Risk Insurance Company and WFP partner to reinforce disaster risk financing in the Pacific
The Pacific Catastrophe Risk Insurance Company (PCRIC) and the United Nations World Food Programme (WFP) have partnered to enhance disaster resilience in Pacific Island countries by strengthening disaster risk financing initiatives.
Genasys, a leading provider of insurance administration software, has unveiled Genasys Unify, a major update to its core platform. The introduction of Genasys Unify aims to enhance insurance administration by providing a comprehensive and unified solution, streamlining processes from product building to policy management, claims, and billing, according to InsurTech Insights. The offering provides end-to-end insurance administration capabilities within a single unified...
Verisk, a leading global data analytics and technology provider, has welcomed Greg Hendrick as its new independent director on the Board of Directors.
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