Latest Sustainable News: Finextra Research

Maths for ESG: How one calculation could ignite climate action

A cluster of ESG driven minds are honing a risk-weighting methodology for banks to implement across climate-exposed assets.

09 September 2020

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Linux Foundation targets climate risk with open source platform

The Linux Foundation has announced plans to user AI-enhanced open source analytics and open data to tackle climate risk and opportunity.

01 September 2020

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ECB cautions against the power of Big Tech in financial services and cloud provision

The European Central Bank has bemoaned the absence of an EU challenger capable of taking on the might of Big Tech cloud providers from the US.

27 August 2020

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Alipay Ant Forest, the catalyst for enabling citizen action towards carbon reduction

According to the Green Digital Finance Alliance (GDFA), by introducing nudging and incentives on digital platforms, there is potential for substantial behavioural change among digitally-savvy consumers. This can act as a springboard for scalable global climate change mitigation and reduce 8.6% of emissions from public transport.

26 August 2020

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UN Secretary-General: Digital finance is the optimal channel to deliver long-term financing of SDGs

The UN Secretary-General’s Task Force on Digital Finance has today launched an Action Agenda that justifies how harnessing digitalisation can empower citizens to be in control of their finances. This will in turn ultimately align with the needs collectively manifested in the Sustainable Development Goals (SDGs).

26 August 2020

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Tandem acquires green lender Allium

Tandem Bank has acquired Allium Lending Group, a leading green loans company, as part of a £60million fundraising deal that was finalised last week.

24 August 2020

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Deutsche Bank prototypes carbon consumption app

Deutsche Bank has developed a prototype app that can track a clients’ carbon footprint and help them save money by challenging their behaviour.

20 August 2020

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Morgan Stanley to address sustainability challenge through dedicated accelerator programme

Morgan Stanley is launching an accelerator programme to identify and scale breakthrough innovations focused on systemic change for sustainability.

13 August 2020

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Visa issues green bond, appoints chief sustainability officer

Visa has burnished its environmental credentials, pricing its first green bond offering, totaling $500 million, and appointing Douglas Sabo as its first chief sustainability officer.

12 August 2020

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AFME: Support banks in reducing investment in high carbon emitting sectors, don’t punish them

In light of the European Commission’s call for comment on the Renewed Sustainable Finance Strategy, the Association for Financial Markets in Europe (AFME) posited that the cornerstone of future policies should be transition in the real economy – non-financial sectors – and banks should encourage and support them to reflect on uptake, effectiveness and identify issues and gaps in their current approach.

05 August 2020

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Moody’s VP: Bring alternative data to the mainstream for greater ESG transparency

The senior vice president of ESG engagement at Moody’s believes the key to driving demand for ESG investments lies in alternative data, of the like used by hedge funds managers and venture capitalists and not generally available in traditional data sets, such as financial statements.

30 July 2020

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Coordinating ESG solution ideation for investment and asset management

In June 2020, Finextra Research welcomed industry experts to Sustainable Finance Live, the first virtual interactive workshop to discuss how financial services firms and technology companies can achieve the UN’s Sustainable Development Goals (SDGs) by 2030.

27 July 2020

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