Tag: climate change

Carver Bancorp secures $25m loan facility for NYC decarbonisation projects

Carver Bancorp, Inc., a certified Community Development Financial Institution and a designated Minority Depository Institution, has announced the closing of a $25m revolving senior unsecured term loan with NY Green Bank.

CEOs and Investors align on ESG goals amid climate extremes, EY...

In response to the escalating challenges posed by climate change, business leaders globally are intensifying their commitment to sustainable practices. Despite another year marked by climate extremes—including severe heatwaves, droughts, and catastrophic floods that pushed the global average temperature to 1.48 degrees Celsius above pre-industrial levels—CEOs are steadfast in their efforts to decarbonize and achieve net zero emissions.

Iceberg Data Lab clinches $10m Series A for ESG data expansion,...

Iceberg Data Lab, a frontrunner in climate and biodiversity data solutions for financial institutions, has successfully completed the initial close of its Series A funding, securing US$10m (£8m).

Chubb revolutionises flood insurance: Faster quotes with new digital platform

Chubb Personal Risk Services (PRS), known for its commitment to providing exceptional insurance services, has announced the launch of an innovative self-service Flood Insurance System.

Hellas Direct secures €30m in funding, paves the way for European...

Greek FinTech Hellas Direct, a pioneering force in the InsurTech industry, has successfully completed a funding round, securing €30m.

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.

Major Chinese Stock Exchanges reveal new mandatory sustainability reporting requirements for...

China's major stock markets, including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), have introduced fresh sustainability reporting guidelines for listed companies, according to ESG Today.

ECB amplifies climate focus: Green transition and nature risks in spotlight

The European Central Bank (ECB) is taking a decisive step forward in addressing the pressing challenges posed by climate change. The institution has outlined a robust action plan that hinges on three pivotal themes for the years 2024 and 2025.

Driving change with data: The evolution of sustainability in financial reporting

The macroeconomic environment is undoubtedly a focal point in today's discussions within wealth management, banking, and insurance sectors. However, the urgency of addressing climate...

UK InsurTech funding doubled in 2023 defying global trends

UK InsurTech investment stats in 2023: • UK InsurTech companies raised a combined $395m in 2023, a 43% increase from 2022 • UK InsurTech deal activity...

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