Sustainable - Long Reads, News, Articles & Research: Finextra

Why banks are pivotal to financing sustainable cities

Madhvi Sonia Head of Content at Finextra

Why banks are pivotal to financing sustainable cities

This is an excerpt from 'The Future of ESGTech 2024' report. What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and ...

17 October 2023 /sustainable

Can behavioural science guide the formation of a sustainable city?

Scott Hamilton Contributing Editor at Finextra Research

Can behavioural science guide the formation of a sustainable city?

This is an excerpt from 'The Future of ESGTech 2024' report. “By 2050, 68% of the world’s population is projected to be urban,” according to the United Nations. This reinforces the idea that sustainable cities will be important to the overall well-being of humankind. Beyond the actual objectives, plans, and approaches associated with creating envir...

13 October 2023 /sustainable

How AI can address climate change and nature-related risk in fintech

Sehrish Alikhan Reporter at Finextra

How AI can address climate change and nature-related risk in fintech

This is an excerpt from 'The Future of ESGTech 2024' report. As the world plummets further into climate disaster and ecological crisis, every organisation has an obligation to actively work towards becoming more a sustainable and ethical institution. Within the financial services sector, corporations have an influence on how sustainability is being...

12 October 2023 /sustainable

How can we accelerate the delivery of clean and affordable energy?

Níamh Curran Senior Reporter at Finextra

How can we accelerate the delivery of clean and affordable energy?

This is an excerpt from 'The Future of ESGTech 2024' report. Our global economy has been “driven and shaped by oil, gas, and coal” for over 100 years. Fossil fuels powered the industrial revolution and formed the global financial ecosystem into what it is, but this has to change. Over 80% of the world's energy consumption comes from fossil fuels, w...

11 October 2023 /sustainable

Environmental frameworks shaping a decade of change for sustainable finance

Paige McNamee

Environmental frameworks shaping a decade of change for sustainable finance

This is an excerpt from 'The Future of ESGTech 2024' report. Over the last decade, there has been a growing awareness of the financial risks posed by environmental factors. This led to the creation of the Task Force on Climate-related Financial Disclosures (TCFD) in 2015 and the Task Force on Nature-related Financial Disclosures (TNFD) in 2021. T...

10 October 2023 /sustainable

Why climate transition planning is gaining attention from smaller banks and clients

Scott Hamilton Contributing Editor at Finextra Research

Why climate transition planning is gaining attention from smaller banks and clients

Amid lots of talk about everything big corporations and their financial partners are doing (or not doing) to confront climate change challenges, it’s important to dissect and explore the facts and fables involved. One way to do this is by comparing bank and corporate marketing claims against their actual environmental and social accomplishments - ...

10 October 2023 /sustainable

Why top banks must become sustainability leaders not laggards

Scott Hamilton Contributing Editor at Finextra Research

Why top banks must become sustainability leaders not laggards

Sustainable and Finance are not supposed to be disconnected concepts for most banks and their corporate customers these days. However, financial institutions have had varying levels of success putting the two words together and in action in relationships and lending practices with their business clients. This is important, because, as stated in a ...

05 October 2023 /sustainable

Is greater accountability needed to accelerate the transition to net zero?

Madhvi Sonia Head of Content at Finextra

Is greater accountability needed to accelerate the transition to net zero?

This is an excerpt from The Future of Fintech in the UK 2023: An Innovate Finance Global Summit and UK Fintech Week special edition' report. The recently published report by the Intergovernmental Panel on Climate Change (IPCC) – the scientific body that advises the UN on rising temperatures – revealed that as current trends stand, we will overshoo...

19 April 2023 /sustainable

Why climate adaption must consider people, profit, and planet in financial services

Richard Peers Founder at ResponsibleRisk Ltd

Why climate adaption must consider people, profit, and planet in financial services

The Right Honourable Lord Deben stepped up to the podium at City & Financial’s Financial Services Climate Adaptation Summit, in London during March, and was in no mood to deliver the normal platitudes often heard at a conference. Prior to Deben taking the stage, we had been hearing about the practical implications for managing climate risk, ope...

04 April 2023 /sustainable

How standardised reporting frameworks can clarify greenwashing claims

Scott Hamilton Contributing Editor at Finextra Research

How standardised reporting frameworks can clarify greenwashing claims

In our first story in this series, we highlighted some of the accusations made toward banks that are publicly committing on one hand to be sustainable; environmentally, socially, and in their governance policies and operations, yet are still actively lending to fossil fuel or other nonrenewable resource companies as customers. Many of the world’s...

22 March 2023 /sustainable

The challenges of authentic sustainability buffet the world’s banks

Scott Hamilton Contributing Editor at Finextra Research

The challenges of authentic sustainability buffet the world’s banks

Critics say carbon commitments don’t match lending policies. There are stiff breezes swirling around corporate sustainability, and it’s starting to erode the tough armour of larger financial institutions across the globe. They’re trying to showcase their dedication to diversity, equity, and inclusion, and they’re actively managing all sorts of ris...

15 March 2023 /sustainable

How Gen Z is driving sustainability across fintech

Sehrish Alikhan Reporter at Finextra

How Gen Z is driving sustainability across fintech

The up-and-coming generation of young adults that were born between 1995 and 2010, popularly known as Gen Z, has been at the forefront of green ambition and combatting climate change. Activism has been popular among this generation not as a mere trend, but as a genuine and passionate interest in safeguarding their future and the future of this pla...

06 February 2023 /sustainable

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