Tagged: sustainability

August 5, 2023 @ 10:22 am By Omar Faridi  |  

In a move to further reduce its impact on the environment, Thames Technology is planning to eliminate “the use of virgin PVC from all its card production.” Thames Technology has already “been manufacturing 100% of its non-financial cards such as gift, loyalty and membership cards… Read More

July 30, 2023 @ 9:09 pm By Omar Faridi  |  

The United Kingdom and Singapore held the 8th UK-Singapore Financial Dialogue in London. The Dialogue facilitated a useful exchange of views, and “identified opportunities for further collaboration on joint projects, in priority areas such as sustainable finance and FinTech and innovation.” Sustainable Finance Both countries… Read More

July 24, 2023 @ 9:45 am By Omar Faridi  |  

Tink, which claims to be one of Europe’s leading open banking platforms, reveals research finding that “an estimated 40% of people in the UK would like their bank to offer tools to track their environmental impact.” Based on a survey of over 2,000 UK consumers… Read More

July 23, 2023 @ 6:37 am By Omar Faridi  |  

Institutional Shareholder Services Inc. (ISS), a provider of corporate governance and sustainable investment solutions to financial market participants, launched ISS Exchange, a streamlined, mobile-friendly voting solution, “to augment its Global Proxy Distribution (GPD) offering.” ISS Exchange is the latest in ISS’ suite of outsourced solutions… Read More

July 16, 2023 @ 7:32 pm By Omar Faridi  |  

Sustainability is a fundamental aspect of Vision 2030, and Saudi Arabia is committed to achieving its net-zero target by 2060; however, “the adoption of sustainability considerations remains its initial stages in Saudi Arabia.” As the concept of Environmental, Social, and Governance (ESG) gains momentum in… Read More

July 10, 2023 @ 9:13 am By Omar Faridi  |  

Bundlee, which claims to be a sustainable and scalable kidswear rental subscription, creating a better future to grow into, has secured 101% (£335,986) of its £330,001 target (at the time of writing) from 106 investors with 4 days left in the firm’s crowdfunding campaign, carried… Read More

July 9, 2023 @ 2:10 pm By Omar Faridi  |  

Ampergia Limited, which aims to enable businesses’ net-zero transitions, has reportedly acquired 58% (£117,100) of its £200,000 fundraising target with 5 days left in the sale (at the time of writing) from 92 investors through its crowdfunding campaign, carried out via Crowdcube. Based in the United… Read More

July 4, 2023 @ 12:30 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM) announced the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation, “reinforcing its position as a sustainable financial hub and a natural hub for sustainable finance activities.” The framework encompasses rules “on… Read More

June 21, 2023 @ 10:18 am By Omar Faridi  |  

Finastra, a global provider of financial software applications and marketplaces, and Green RWA, a pioneering association in climate transition, announced the launch of the Climate-Extended Risk Model (CERM) Sandbox. The new platform reportedly “offers an interactive and immersive experience for banks to understand and manage… Read More

June 19, 2023 @ 2:39 pm By Omar Faridi  |  

AvidXchange Holdings, Inc. (Nasdaq: AVDX), a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers,  released its 2022 Environmental, Social and Governance (ESG) Report. This report “highlights the company’s commitments to ESG, how these commitments tie back… Read More

June 18, 2023 @ 9:42 am By Omar Faridi  |  

Hexaware Mobiquity, a digital consultancy that designs and delivers innovative digital products and services for the world’s leading brands, released the results of the firm’s annual Global Benchmark for Sustainable Banking Report. This third iteration of the report “surveyed 600 C-suite banking executives across the… Read More

June 8, 2023 @ 11:32 pm By Omar Faridi  |  

C6 Bank announces that its new carbon footprint product which launched last month running on Thought Machine’s cloud-native core banking technology, Vault Core, has offset more than 900 tonnes of carbon. ‍The carbon footprint offering, “built at record speed in under six months, makes C6… Read More

June 5, 2023 @ 9:44 pm By Omar Faridi  |  

Ant Group released its 2022 Sustainability Report, highlighting progress made in implementing its Environmental, Social and Governance (ESG) strategy throughout 2022. In the technological innovation field, Ant Group has “invested RMB 20.46 billion (approx. USD 2.89 billion) in research and development (R&D) in 2022, effectively… Read More

June 3, 2023 @ 6:16 pm By Omar Faridi  |  

Tandem, the UK’s “greener” bank, reports that it “delivers full year profitability for first time in the bank’s history after 12 months of strong growth.” Tandem Bank says it is “further cementing its position as one of the nation’s go-to banks for those looking to… Read More

June 2, 2023 @ 3:22 pm By Omar Faridi  |  

Tink, Europe’s open banking platform, and ecolytiq, a climate engagement solution, are collaborating to incorporate financial and sustainability-focused coaching into a seamless experience. By combining the power of money management tools with climate education tools,  Tink will make it possible “for new and existing customers… Read More

May 28, 2023 @ 9:05 pm By Omar Faridi  |  

NatWest Group has announced that, from today, it aims to provide an additional £1 billion in lending to the UK Manufacturing sector by the end of 2030, aiming “to stimulate growth in the sector and help manufacturers invest in cleaner, more efficient forms of energy… Read More

May 25, 2023 @ 6:05 am By Omar Faridi  |  

The Commonwealth Bank of Australia’s (CBA) is launching a new tool to help small and medium sized enterprises (SMEs) to embed sustainability into their operations. CBA’s new Sustainability Action Tool “provides insights into actions businesses can take to reduce their environmental impacts and lower costs.”… Read More

May 21, 2023 @ 10:02 pm By Omar Faridi  |  

Solaris, Europe’s embedded finance platform, published its first sustainability report, detailing sustainability performance and activities covering the entirety of 2022. Following the implementation of Solaris’ ESG strategy titled ‘Nature, People, Business’ (NPB) last year, the report “highlights key steps that the organization is taking to… Read More

May 17, 2023 @ 6:30 am By Omar Faridi  |  

The Centre for the Fourth Industrial Revolution Malaysia (C4IR Malaysia) was officially launched by the Prime Minister of Malaysia, Anwar Ibrahim, and the President of the World Economic Forum, Børge Brende. C4IR Malaysia will “play a crucial role in driving the advancement of the digital… Read More

May 11, 2023 @ 8:12 am By Omar Faridi  |  

Cassini Systems, which claims to be the industry leader of pre- and post-trade margin and collateral analytics for derivatives market participants, announces its partnership with CF Partners, the provider of energy and environmental solutions for companies looking for a low-carbon future, with services including emissions… Read More