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SEB invests in Swedish sustainability platform Worldfavor

Stockholm-based sustainability platform Worldfavor (www.worldfavor.com) has today announced a Series A funding round of €10.2mn, that will fuel growth and expansion plans.

/sustainable

UOB and Doxa team up to digitise trade financing and procurement

UOB and Doxa are collaborating to enable companies to move their procurement and trade financing processes online. They signed a Memorandum of Understanding (MOU) today with their client Kimly Construction Private Limited (Kimly Construction), for the execution of the trio’s first green trade finance transaction together.

/sustainable

GreenGrowth and Datia partner to make sustainable investments easier for retail investors

Stockholm, Sweden. GreenGrowth Investments, the new sustainable investment app, and Datia, a climate fintech, have partnered to help UK consumers make more sustainable investment choices.

/sustainable

AirCarbon Exchange selects Eventus to introduce market surveillance program for carbon market

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, and AirCarbon Exchange (ACX), the global exchange revolutionizing the Voluntary Carbon Market (VCM), today announced that ACX has selected Eventus as its partner to introduce the first comprehensive market surveillance program for the VCM, which was created to drive financing activities that reduce greenhouse gas emissions globally.

/sustainable

300,000 NatWest users have now accessed their carbon footprint with Cogo integration

300,000 NatWest customers have now accessed their carbon footprint on the NatWest Banking app using the Cogo carbon tracking features.

/sustainable

Visa rolls out Eco Benefits package to Asian banks

Visa, a world leader in digital payments, today announced the launch of Visa Eco Benefits in Asia Pacific.

/sustainable

TradeSun and Coriolis Technologies partner for ESG scoring of trade transactions

TradeSun, a technology company leveraging artificial intelligence for trade compliance and automation, and Coriolis Technologies, a leading trade data and analytics provider, have partnered to launch an integrated solution for banks to measure and verify environmental, social and governance (ESG) performance across trade transactions.

/sustainable

CaixaBank creates climate risk unit

After the merger of CaixaBank and Bankia, Spain's leading financial institution decided to commit to sustainability as a core element to its development.

/sustainable

EBF response to EBA paper on the role of environmental risks in the prudential framework

The European Banking Federation has responded to the discussion paper of the European Banking Authority on the role of environmental risk in the prudential framework.

/sustainable

Tatra banka taps ecolytiq for green banking features

Tatra banka has announced the launch of its latest green banking feature for its online banking brand Blue Planet to its over 600,000 customers.

/sustainable

Portuguese impact investment outfit raises €1.2 million

Goparity, a Portuguese impact finance platform, reached the target of 1,2M€ in an hour and the community is still invited to become a shareholder. The round was led by the European impact investment fund Mustard Seed Maze (MSM). The initial goal was to reach €1.2M in equity, but the Portuguese fintech increased this amount based on demand and is accepting “overfunding”. The funds will be used to further develop the platform and to expand into Europe and Canada.

/sustainable

CommBank adds carbon footprint tracker to app

In an Australian banking first, retail CommBank customers will be able to view their personalised carbon footprint within the CommBank app from early August.

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