Tag: Environment

While environmental, social, and governance (ESG) have quickly become important factors in discussions about innovation, is the sector growing quickly enough in the FinTech world?

The Corporate Sustainability Reporting Directive (CSRD) was introduced in Europe at the beginning of the year. It replaced the Non-Financial Reporting Directive (NFRD) and bolstered the scope of reporting, with the aim of enhancing transparency and comparability of ESG data across the EU so stakeholders can easily evaluate the sustainability performance of companies.

The European Sustainability Reporting Standards (ESRS), which came into effect at the start of the year, brings significant changes to Environment, Social and Governance (ESG) related reports. The regulation brings new reporting requirements that can easily become complex if not using the right tools. The question is, what are the hallmarks of a good ESRS tool?

FinTech Global recently explored whether there is enough accountability and transparency related to ESG. One of the common themes was the need for standardisation within how firms handle ESG processes. However, it is hard to have a level of standardisation when opinions do not always match on the importance of ESG or countries shift their priorities.

The past few years have seen a lot of progress towards Environment, Social and Governance (ESG) practices. Countless banks and financial services have proudly highlighted their efforts in the space and outlined how they are trying to achieve greater sustainability. However, questions remain about whether there is enough transparency and accountability to ensure that real progress is being made.

As we enter the first month of 2024, FinTech Global spoke to Hari Menon, Partner, SVP and ESG Product Head at AI-powered wealth management solution IntellectAI, about the major ESG trends of 2023 and his predictions for 2024.

Environmental, Social, and Governance (ESG) has become an important topic across business. It has become an increased priority, not only to meet customer demands, but also an increasingly complex regulatory environment. Regulators around the world are expanding the legal frameworks around ESG. The EU’s European Sustainability Reporting Standards (ESRS) is probably the ESG regulation at the top of the priority list for many, but there are several others on the horizon.

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.

The implementation deadline of European Sustainability Reporting Standards (ESRS) is just around the corner, but are firms ready?

Environmental, social and governance (ESG) sits near the top of priority lists for many consumers, governments and businesses. As the world tries to encourage...