Latest Sustainable News: Finextra Research

Mastercard invests in Doconomy to offer cardholders CO2 emissions tracker

Announcing at the COP25 climate summit in Madrid, Mastercard has extended its collaboration with Swedish fintech Doconomy to offer cardholders carbon footprint tracking based on purchases made through the Bank of Åland’s cloud-based Åland Index.

10 December 2019

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SustainableFinance.Live: Beyond ‘greenwashed’ ideas and toward tangible results

After a morning of keynotes and ‘speed dating’ roundtable sessions, SustainableFinance.Live attendees broke out into whiteboard sessions where they learned by doing, workshopping scenarios to create tangible results.

06 December 2019

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Disclosing sustainability does not guarantee sustainability

81% of banks are disclosing information on progressive climate-related public policy. According to a report by Boston Common Asset Management, this is a slight increase from 71% in 2018.

05 December 2019

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SustainableFinance.Live: Empowering ESG data for green bonds and the supply chain

$30 trillion of capital is pledged to Sustainable Finance and supporting outcomes aligned to Sustainability and Impact goals, such as the UN SDGs.

04 December 2019

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Bitcoin's impact on climate change not as great as feared

Despite previous claims that the carbon footprint of bitcoin mining was on par with entire countries, a new study has shown that its impact is much smaller than was feared.

28 November 2019

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ECB poised to champion climate change action under Lagarde

As part of a strategic review of the ECB’s purpose, the bank’s president Christine Lagarde will underline action on climate change as a fundamental component of monetary policy.

28 November 2019

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Bunq plants trees while customers spend on new Green Card

Dutch mobile bank bunq is launching a limited-edition Green Card which helps users to offset their carbon footprint as they spend.

28 November 2019

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Standardised data reporting is the lynchpin for future of sustainable finance

In a recent survey by State Street Global Advisors, 52% of European investors cited regulation as the key driver toward ESG adoption. Yet, despite attempts to introduce regulatory requirements, a lack of standardisation in reporting obligations is proving a significant challenge towards achieving meaningful progress.

26 November 2019

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Innovative business models and green investments for sustainable goals

It is estimated that over the next 15 years, $93 trillion of investment will be required to build a low-carbon infrastructure across the world. This is an eye-watering sum, given that the CIA estimates the entire total of money currently in existence to be $80 trillion.

22 November 2019

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Finnish fintech Enfuce to track CO2e emissions of purchases

Working in tandem with Amazon Web Services and Mastercard, Finnish fintech Enfuce has launched My Carbon Action, a digital tool that allows businesses to track and calculate the carbon dioxide equivalent (CO2e) emissions of every purchase and provide insights into their climate change impact.

21 November 2019

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The impact of climate risk on investment decisions and disclosure law

Climate change is predicted to cost 200 of the world’s largest companies $1 trillion over the next five years, according to a survey conducted by the charity CDP. But should the financial services industry be concerned? The answer is yes and for two fundamental reasons: the impact on investment and disclosure laws.

21 November 2019

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IZettle ships mPOS device made from ocean plastic

Swedish mPOS vendor iZettle has launched a recycled card reader made from fishing ropes and nets collected from the North and Baltic seas.

20 November 2019

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