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Latest Results from /sustainable

/sustainable

ALT/AVE to drive new funding into its DLT offering

Having secured £535,000 investment, regtech ALT/AVE plans to further develop its distributed ledger solution docStribute, to expand its core uses beyond financial services.

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Investors can avoid missing out on returns of up to 5% a year with ESG

According to behavioural finance experts Oxford Risk, ESG can stop investors from missing out on returns of between 4% and 5% per annum on cash they do not invest because they are not emotionally comfortable with the risks, or familiar with the landscape.

/sustainable

How to reimagine risk modelling in sustainable finance

From 8-9 December 2020, Finextra and ResponsibleRisk brought together experts in the sustainable finance space to discuss how stakeholders can re-imagine the role of risk modelling.

/sustainable

HSBC to introduce recycled plastic payment cards globally

As climate change activists smash the windows at its Canary Wharf HQ, HSBC is attempting to burnish its green credentials with a new programme to eliminate single-use PVC plastic payment cards in favour of recycled PVC plastic (rPVC) across all its global locations by the end of 2026.

/sustainable

Big banks join net-zero emissions alliance

More than 40 of the world's biggest banks have joined a UN-convened alliance pledging to align their lending and investment portfolios with net-zero emissions by 2050.

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Stacs raises $3.6m for DLT-based ESG tech

Hashstacs (Stacs), a Singaporean startup using DLT to help financial institutions meet their Environmental, Social, and Governance (ESG) needs, has raised US$3.6 million in pre-Series A funding.

/sustainable

FCA appoint ESG director and CIO

The UK's Financial Conduct Authority has appointed Sacha Sadan director of environment, social and governance (ESG) and Ian Alderton as chief information officer and Ian Phoenix as director, intelligence and digital.

/sustainable

Klarna launches carbon footprint insights for 90 million consumers

Buy now, pay later giant Klarna is to provide shoppers with carbon footprint calculation tools from Mastercard-backed Doconomy to measure the emissions generated by their purchases.

/sustainable

FCA to introduce 'regulatory nursery' for newly-licenced firms

The UK's Financial Conduct Authority is to establish a 'regulatory nursery' in the Autumn to ensure keener oversight of newly-authorised institutions.

/sustainable

Fintech startup ekko opens waitlist for climate-friendly debit card

Capitalsing on consumer concern about climate change, fintech startup ekko has set up a waitlist for a new debit card that beds sustainability into every transaction,

/sustainable

New Zealand introduces financial sector climate reporting law

New Zealand has become the first country in the world to introduce a law that requires the financial sector to disclose the impacts of climate change on their business and explain how they will manage climate-related risks and opportunities.

/sustainable

Mastercard unveils carbon calculator for banks

Mastercard has teamed up with Swedish fintech Doconomy to develop a carbon calculator that banks can integrate into their apps to give customers a snapshot of the emissions generated by their purchases across spending categories.