Tag: renewable energy

Plenti Group Limited, a FinTech company specialising in providing innovative financing solutions, has announced the launch of its HEUF discounted green loans.

Understory, a provider of insurance solutions against severe weather losses, has secured $15m in a Series A funding round.

In the realm of sustainability reporting, ESG reporting has become a crucial tool for organisations looking to support long-term value creation.

XTCC, an investment ecosystem that specialises in high-integrity carbon credits, has announced the launch of the first Shariah-compliant multi-currency asset class for high-integrity carbon credits.

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.

The European Union is embarking on an ambitious journey to become the first climate-neutral continent by 2050, with a significant milestone set for 2040.

The Council and the European Parliament have made a significant step forward by reaching a provisional agreement on the Net-Zero Industry Act (NZIA).

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.

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.

Future, a climate-positive FinTech firm, has raised $6.5m in funding, contributed by a mix of new and existing investors.