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

Sustainable finance, data, and technology: The way forward for a climate resilient future

Hamish Monk Senior Reporter at Finextra

Sustainable finance, data, and technology: The way forward for a climate resilient future

Financial institutions around the globe are increasingly responding to stakeholder demands on sustainability and environmental, social and governance (ESG) actions by articulating a corporate purpose and explaining how that purpose will drive their decision making. Sustainability within the context of banking and financial services manifests in tw...

14 June 2022 /sustainable

Money 20/20 EU: How banking will evolve in the conscious consumer age

Retired Member

Money 20/20 EU: How banking will evolve in the conscious consumer age

Could we be entering the age of customer-created banking, where conscious consumerism takes centre stage? Traditionally, product marketing teams at fintechs and banks have a remit to continuously develop services and digital capabilities which will attract new customers and reduce churn. Over the past decade, stubbornly low interest rates have mad...

07 June 2022 /sustainable

World Earth Day 2022: How are banks progressing with their afforestation pledges?

Hamish Monk Senior Reporter at Finextra

World Earth Day 2022: How are banks progressing with their afforestation pledges?

In the world of sustainability, planting trees has, arguably, captured the public’s imagination most – and received plenty of attention from financial institutions. Trees provide the planet with oxygen, they sequester carbon, and stabilise the soil so that much of the world’s wildlife can live. To boost the planet’s ever-decreasing stock of trees,...

22 April 2022 /sustainable

TCFD and the IPCC report: Are we still missing a piece of the net-zero puzzle?

Hamish Monk Senior Reporter at Finextra

TCFD and the IPCC report: Are we still missing a piece of the net-zero puzzle?

It has been a busy week for the world of sustainable finance. The working group three report, as part of the Intergovernmental Panel on Climate Change (IPCC)’s sixth assessment, was released – which explores viable options for robust carbon removal, and stresses the importance of carbon pricing. On top of this, as of 6th April, over 1,300 of the l...

08 April 2022 /sustainable

How banks can inspire consumers to make sustainable decisions

Níamh Curran

How banks can inspire consumers to make sustainable decisions

Banks have a crucial role to play in promoting sustainable lifestyles among their customers. Information such as transactional data can now be leveraged to distribute sustainability advice and product recommendations to end-users. This approach doesn’t just make sense for the planet and institutions’ net zero journeys – it will prove beneficial fr...

29 March 2022 /sustainable

How should UK FMPs remain compliant with 2022 sustainability regulations?

Hamish Monk Senior Reporter at Finextra

How should UK FMPs remain compliant with 2022 sustainability regulations?

With the Sustainable Finance Disclosure Regulation’s (SFDR) first reference period just around the corner, asset managers, banks and fund brokers are working closely with their underlying companies to report on their environmental, social and governance (ESG) impact. Given the vast amount of information and new data points that must be sourced to ...

09 March 2022 /sustainable

The Future of ESGTech: Goal 16 - Peace, justice and strong institutions

Hamish Monk Senior Reporter at Finextra

The Future of ESGTech: Goal 16 - Peace, justice and strong institutions

Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 16.4: By 2030, significantly reduce illicit financial and arms flows, strengthen the re...

28 February 2022 /sustainable

EU Taxonomy - A gamechanger for Sustainable Finance

Retired Member

EU Taxonomy - A gamechanger for Sustainable Finance

This article was co-authored by Subramanian Kuppuswami, global head, sustainable banking, finance and investments and Saritha B S, domain consultant, sustainable banking, finance, and investments at Tata Consultancy Services. Climate change is affecting the entire world. According to a recent intergovernmental panel on climate change (IPCC) report,...

23 February 2022 /sustainable

The Future of ESGTech: Goal 15 - Life on land

Hamish Monk Senior Reporter at Finextra

The Future of ESGTech: Goal 15 - Life on land

Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification, and halt and reverse land degradation and halt biodiversity loss. This is an extract from Finextra's The Future of ESGTech 2022 report. Like many other SDG topics, the issue of biodiversity and ecosystem preservation is far-r...

22 February 2022 /sustainable

Banks as ESG partners: ensure cautious corporates don’t get left behind

Mladen Levanic Head of Infrastructure and Energy & ESG Advisory at Commerzbank AG

Banks as ESG partners: ensure cautious corporates don’t get left behind

Commerzbank’s Mladen Levanic, managing director and head of sustainability & ESG Advisory, and Wolfgang Vitzthum, director of real estate & ESG Advisory, delve into the complex world of corporate sustainability and explain why even the smallest businesses should be paying attention. Soon, no corporate will be beyond the reach of environmen...

22 February 2022 /sustainable

4 ways fintech can halt environmental degradation

Hamish Monk Senior Reporter at Finextra

4 ways fintech can halt environmental degradation

Responsible investing is becoming a top industry priority. By incorporating physical and transitional risks into capital allocation decisions, not only can long-term economic resilience be fostered, but the natural assets we rely on for ecosystem services – such as biodiversity – can be preserved. Unfortunately, the industry has not yet reached th...

21 February 2022 /sustainable

The Future of ESGTech: Goal 14 - Life below water

Madhvi Sonia Head of Content at Finextra

The Future of ESGTech: Goal 14 - Life below water

Conserve and sustainably use the oceans, seas and marine resources for sustainable development. This is an extract from Finextra's The Future of ESGTech 2022 report. Focus target 14.1: By 2025, prevent and significantly reduce marine pollution of all kinds, in particular from land-based activities, including marine debris and nutrient pollution. O...

18 February 2022 /sustainable

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