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Standard Chartered taps Doconomy for carbon consumption app

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Standard Chartered taps Doconomy for carbon consumption app

Standard Charetered has contracted with Sweden's Doconomy to provide customers with a digital tool that tracks carbon emissions and freshwater consumption on goods bought using the bank's credit and debit cards.

Nasdaq acquires majority stake in carbon removal startup Puro.earth

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Nasdaq acquires majority stake in carbon removal startup Puro.earth

Nasdaq has acquired a majority stake in emerging carbon removal market Puro.earth.

NatWest calls for SMB commitment to UK government net zero campaign

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NatWest calls for SMB commitment to UK government net zero campaign

NatWest has set the standard after becoming the first banking partner to join the UK Government Together for our Planet campaign.

Goldman Sachs joins Green Software Foundation

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Goldman Sachs joins Green Software Foundation

Goldman Sachs is the first financial service player to sign up to a new Green Software Foundation founded by Microsoft, Accenture, GitHub and ThoughtWorks.

Banks back tool to help portfolios correct extinction risk

/sustainable

Banks back tool to help portfolios correct extinction risk

A UN-backed biodiversity module has been launched to help financial institutions explore the extent to which their portfolios indirectly drives species extinction risk and impact ecological integrity.

BNY Mellon taps RTP network for digital bill-pay play

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BNY Mellon taps RTP network for digital bill-pay play

BNY Mellon is taking advantage of The Clearing House's RTP network for a new real-time electronic bill and payment service.

Swiss challenger neon opens green bank account

/sustainable

Swiss challenger neon opens green bank account

Swiss fintech neon has unveiled a sustainable account for everyday banking, backed by certified CO2 compensation from myclimate and a pledge to plant five trees per user, per month.

UK finance sector responsible for more carbon emissions than Germany

/sustainable

UK finance sector responsible for more carbon emissions than Germany

A new report from Greenpeace and WWF, finds that UK banks and asset managers were responsible for financing 805 million tonnes of CO2 in 2019, which would make The City of London the 9th biggest emitter of CO2 in the world if it were a country – ranked higher than Germany.

Deutsche Bank creates ESG centre in Singapore

/sustainable

Deutsche Bank creates ESG centre in Singapore

Deutsche Bank is setting up an environmental, social and governance (ESG) centre of excellence in Singapore.

DBS, SGX, Standard Chartered and Temasek team on carbon exchange

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DBS, SGX, Standard Chartered and Temasek team on carbon exchange

DBS, Singapore Exchange, Standard Chartered and Temasek are creating a global exchange and marketplace for carbon credits.

Sustainable Finance Live: How to value nature and better assess financial risk

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Sustainable Finance Live: How to value nature and better assess financial risk

On 11th May, Finextra hosted the first workshop of its two-day virtual event, Sustainable Finance Live. The interactive session brought together expert investors and asset managers to explore how to build a portfolio that effectively supports biodiversity, natural capital, and ecosystem services.

Adyen brings climate action to the checkout

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Adyen brings climate action to the checkout

Adyen is looking to combat climate change at the checkout, giving merchants the ability to offer shoppers the opportunity to offset the carbon footprint of their purchases at the end of the sale.

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