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EU regulators present common understanding of greenwashing and warn on related risks

The European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) today published their progress Reports on greenwashing in the financial sector.

/sustainable

BBVA trains over 100,000 employees in sustainability in two years

BBVA has trained 102,000 employees in sustainability between 2021 and 2022.

/sustainable

SEB Greentech VC acquires stake in Esforin

SEB Greentech Venture Capital has acquired a part-owner stake in the German company Esforin. The company has developed a solution for algorithm-based trading that increases flexibility in the energy market and contributes to reducing carbon dioxide emissions by bringing more renewable energy to the grid.

/sustainable

NatWest touts clean energy in £1bn lending pledge to UK manufacturing

NatWest has announced that, from today, it aims to provide an additional £1billion 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 generation and use, with lending deployed through loans, asset finance, and overdrafts.

/sustainable

Climate fintech Pyrpose raises $1 million

Pyrpose, a breakthrough climate finance platform which connects climate conscious consumers directly with climate innovators to reduce future carbon emissions, is looking to accelerate its growth trajectory after announcing today that it has completed its fundraise.

/sustainable

RFI Foundation sets innovation challenge for fintech companies working on the blue economy

RFI Foundation is excited to announce a competition to find technology companies working on the blue economy whose products can be used by financial institutions to increase their financing of the blue economy.

/sustainable

NayaOne and Cogo to fast-track carbon footprint tracking integration for banks

Cogo – the carbon footprint management company that works with banks to help customers measure, understand and reduce their carbon footprint – and NayaOne – the Global Digital Transformation Platform for financial services firms – are today announcing the launch of a new partnership which will fast-track the process for banks and financial institutions to integrate carbon footprint management tools into their banking apps.

/sustainable

SaveMoneyCutCarbon snags £5 million in growth financing

SaveMoneyCutCarbon, recently billed in the media as the UK’s leading money-saving platform through sustainability, has announced it has received £5 million in growth funding.

/sustainable

S&P releases nature and biodiversity risk dataset

S&P Global Sustainable1 has today launched Nature & Biodiversity Risk, a new dataset assessing nature-related impacts and dependencies across a company's direct operations that can be applied at the asset, company and portfolio level.

/sustainable

CF Partners deploys Cassini Systems to manage initial margin

Cassini Systems, the industry leader of pre- and post-trade margin and collateral analytics for derivatives market participants, announces today its partnership with CF Partners, the leading provider of energy and environmental solutions for companies looking for a low-carbon future, with services including emissions and carbon credits trading.

/sustainable

Climate Action Data Trust appoints new executive director

The Climate Action Data Trust (CAD Trust), a decentralised metadata platform that links, aggregates and harmonises all major carbon registry data, has announced the appointment of Yuvaraj Dinesh Babu as Executive Director, with effect from 1 May 2023.

/sustainable

Westpac rolls out Cogo carbon footprint tracker

Westpac has today announced it has begun rolling out a new capability where customers can track their estimated carbon footprint in the Westpac App and gain insights to help make more environmentally friendly choices.

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