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Latest Results from /sustainable

/sustainable

Sustainable food-focused digital mutual bank ready for launch

A new sustainable farm and food-focused digital bank is set to open in the US after raising $24 million in Special Deposit Shares.

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Singapore's MAS opens ESG Impact Hub

The Monetary Authority of Singapore has launched an ESG Hub designed to spur collaboration between fintech startups, financial institutions and other stakeholders.

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SocGen and Altalurra invest €4.5 million in impak Ratings

Societe Generale is burnishing its environmental credentials by joining with Altalurra Ventures in a €4.5 million round in impact analysis and ratings agency impak Ratings.

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CCAF releases update to Bitcoin emissions estimate

The Cambridge Centre for Alternative Finance (CCAF) has published an update to its Cambridge Bitcoin Electricity Consumption Index (CBECI) which provides estimates on Bitcoin greenhouse gas emissions.

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America's biggest banks put to the test in climate risk pilots

Six of America's biggest banks are to participate in a year-long climate scenario analysis exercise, testing their ability to cope with hypothetical climate-related risks.

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NatWest pledges support to SMEs amid UK energy crisis

NatWest and the Federation of Small Businesses (FSB) have teamed up to analyse and provide support to UK businesses struggling with the cost of living crisis.

/sustainable

Cultivo taps Mark Carney for board seat

Climate-focused fintech, Cultivo, has announced six new board members including former Bank of England governor and current vice chair at Brookfield Asset Management, Mark Carney.

/sustainable

ACA Group buys Ethos ESG

Governance, risk and compliance advisor ACA Group has acquired Ethos ESG, a provider of ESG ratings data and software for financial advisors, asset managers, institutions, and investors. Financial details were not disclosed.

/sustainable

UK banks suffering due to lacklustre sustainable trade finance – Pole Star

90% of UK banks and 56% of Swiss banks have lost business in the trade finance industry due to lack of decarbonisation financing terms, according to research from Pole Star. The maritime, governmental, and financial technology solutions company is calling for environmentally-driven regulation for banks falling behind on sustainability and carbon emission reductions.

/sustainable

UBS joins $50 million round in client-centric investment platform Ethic

UBS has joined a $50 million round in tech-driven asset management platforrm Ethic.

/sustainable

Greenwashing is a systemic problem at UK banks

Greenwashing has become a 'systemic problem' among UK banks despite universal claims that sustainability is at the heart of their business, a new survey has found.

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DBS enters the metaverse to promote ESG efforts

Asian bank DBS has teamed up with decentralised gaming virtual world The Sandbox to launch a metaverse experience showcasing ESG ideas and initiatives.