Tag: Sustainable finance

The Financial Conduct Authority (FCA) is enhancing its support for the FinTech industry by confirming new anti-greenwashing guidance ahead of its enforcement starting 31 May.

SC Ventures, the innovation and FinTech investment arm of Standard Chartered, has recently made a strategic investment in Algbra, a UK-based, Sharia-compliant ethical finance platform.

Fils, a leader in climate-positive transactions, has teamed up with Aion, which offers cutting-edge, AI-enabled financial services that enhance consumer and corporate banking, particularly in the MENA region.

Paynetics acquires Novus to bolster environmental, social, and governance (ESG) initiatives, a move that is set to transform the FinTech landscape.

Deutsche Bank has unveiled its latest initiative in the realm of sustainable finance with the introduction of an updated Sustainable Finance Framework.

Barclays has recently announced significant revisions to its climate policy, reaffirming its commitment to advancing the global transition towards sustainable energy.

Japanese FinTech investment stats in 2023: • Japanese FinTech investment totalled at $212m in 2023, a 52% drop from 2022 • Japanese FinTech deal activity reached...

The UK is gearing up to introduce the Sustainability Disclosure Requirements (SDR) in 2024, marking a significant shift in the Environmental, Social, and Governance (ESG) regulatory landscape. This pioneering legislation is set to standardise how asset owners and managers communicate and market their sustainable investment products. Through a mix of anti-greenwashing rules, investment labelling, and disclosures, the SDR aims to assist investors in making informed choices about sustainable finance products and investments.

Currently, non-listed small and medium-sized enterprises (SMEs) in the EU are not required to report on their environmental, social, and governance (ESG) practices under the EU Green Deal directives like CSRD/EU Taxonomy/CSDDD. However, market realities are such that SME stakeholders, including investors, banks, and customers, are already imposing these reporting requirements.

Climate X, a renowned climate risk financial data firm, has announced the appointment of Manuel Vicente as its Vice President of Commercial Strategy.