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Mashreq sings MoU with Fils for carbon offsetting platform

Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate and institutional clients to integrate carbon offsetting directly from their Mashreq corporate accounts.

/sustainable

POS home retrofitting solution gets almost £1.8m grant

A new project to develop an innovative point-of-sale finance technology solution for residential retrofit decarbonisation has been awarded almost £1.8m in government funding for its 14-month Pilot Phase. This follows an extensive six-month Discovery Phase that ended in October 2023.

/sustainable

Barclays launches climate tech hub in Cambridge

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on helping high growth climate tech startups to connect, grow and scale. The site has undergone a significant retrofit, with the goal of reducing its carbon emissions by 90 per cent compared to 2018.

/sustainable

Barclays establishes new Energy Transition Group to support clients on the path to net zero

Barclays today announces that it is establishing a new Energy Transition Group, within its Corporate and Investment Bank.

/sustainable

FCA establishes industry-led working group for sustainable finance

The FCA has appointed Daniel Godfrey as chair and Julia Dreblow as vice-chair of a new working group focused on building capability in sustainable finance across the financial advice sector.

/sustainable

Karma Wallet goes live with $2 million capital injection

In a bold move to fuse financial technology with environmental stewardship, Karma Wallet has announced the launch of their Karma Wallet Card, a groundbreaking new spending tool that redefines the power of purchase.

/sustainable

Apex launches standalone ESG unit, Holtara

Today sees the launch of new sustainability services brand, Holtara.

/sustainable

UK innovation sector on upwards trajectory as venture capital investment turns a corner

2024 could be the year of recovery after UK venture capital turned a corner in H2 2023 according to new analysis from HSBC Innovation Banking and Dealroom.

/sustainable

Financial regulators consult on technical standards for the European Single Access Point

ESAs consult on draft implementing technical standards specifying certain tasks of collection bodies and certain functionalities of the European Single Access Point.

/sustainable

E& enterprise and Fils to introduce carbon offset platform for payment transactions

e& enterprise today announced its strategic partnership with Fils, a groundbreaking fintech platform, establishing a new standard in the digital payments sector by promoting sustainability.

/sustainable

ABN Amro invests in Set Ventures sustainability fund

ABN AMRO is investing in SET Fund IV, a fund focused on data and digital technology companies that help accelerate the energy transition to a zero-carbon society.

/sustainable

MDP takes Mastercard carbon calcuator to market in Egypt

Mastercard has partnered with MDP to launch the first Carbon Calculator in Egypt, enabling customers to understand and consider the environmental impact of their purchases.

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