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Latest Results from /sustainable

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Danske Bank to replace plastic payments cards with recycled material

Danske Bank is to phase out all existing payment cards and replace them with cards made from 86% recycled plastic.

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Barclays launches Eagle Lab Farm to boost UK agriculture

Barclays has teamed up with the University of Lincoln to open a lab housing cutting-edge agricultural technology that will support entrepreneurs and researchers looking to boost the UK's farming sector.

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FactSet agrees to buy ESG data firm TruValue

Financial analytics vendor FactSet has agreed to buy AI-driven environmental, social, and governance (ESG) data outfit Truvalue Labs. Financial terms of the deal were not disclosed.

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Coutts MD: Sustainability is about ‘unpeeling’ investment decision making

Mohammad Kamal Syed, managing director and head of investment management at Coutts & Co, tells Finextra Research of the ‘root and branch uplift’ in the firm’s investment decision making to address ESG goals.

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Ecosia invests in wooden debit card startup

Forget your flash metal debit cards, eco-friendly search engine Ecosia has invested £1 million for a 20% stake in TreeCard, a wooden payment card that channels profits from merchant surcharges into reforestation programmes.

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Big banks give backing to Singapore Green Finance Centre

The Monetary Authority of Singapore and nine international banks have leant their weight to the establishment of a research institute dedicated to green finance research and talent development.

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Sibos 2020: Defining sustainable finance and ESG, beyond climate action and the environment

As wildfires, hurricanes, social and economic unrest and the pandemic play out across the global stage, the final of day of Sibos 2020 focuses on banking for humanity, the impact of ESG and the triple bottom line as a driver for sustainable business.

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Renewable energy not as prominent in cryptocurrency mining as previously claimed

The prevalence of renewable energy in cryptocurrency mining is being driven by hydroelectricity, according to a study by the Cambridge Centre for Alternative Finance (CCAF), but APAC’s cheap coal-powered energy is what sets it apart from other regions.

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NatWest to test carbon emissions app

NatWest is to run an eight-week pilot of an app which calculates customer carbon emissions as they spend.

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EY: Sustainable goals in finance won’t be met with traditional behaviours

Financial services firms must evolve their mindsets to both manage risk effectively and to ensure that the industry meets sustainable goals, according to Sandy Trust, sustainable finance consulting lead at EY and deputy chair of the IFOA’s Sustainability Board.

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Finastra to prioritise tackling financial exclusion and SME funding issues

As part of its accelerated innovation mission and open cloud platform strategy, Finastra has set forth a plan to support nine million lives around the world and focus on resolving the SME funding gap, inequality in financial services and financial exclusion.

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Coalition of UK banks launched to standardise carbon accounting

The Partnership for Carbon Accounting Financials (PCAF) is launching a coalition aimed at the promotion of measuring and disclosing carbon emissions in the UK financial services industry.