Tag: Green Finance

Institutional investors are spending an average of $1.3m annually to collect, analyse and report climate data to inform their investment decisions, according to a study from ERM.

MioTech, an AI-powered sustainability data and solution developer, has closed its Series B+ round, which will help it increase product development efforts.

Climate X, which designed financial risk modelling for climate chance, has raised £1.1m in its pre-seed round.

FutureProof, which helps financial services companies assess climate change risk, has secured $3m in funding.

As dangers associated with climate change continue to become more inescapable in the lives of companies and individuals alike, the importance and need for ESG – Environmental, Social and Governance – in the financial sector is growing stronger. Is it time for globally mandated ESG reporting in the financial sector?

The People’s Bank of China (PBOC) has revealed it will begin quarterly assessments of the green finance performance of 24 major Chinese banks starting 1 July this year.

A green finance task force convened by the Monetary Authority of Singapore (MAS) has issued a slew of initiatives for financial institutions to enhance climate-related disclosures and green capabilities.

Global technology company Nasdaq has boosted its environmental, social, and governance (ESG) operations through acquisition of OneReport.

As part of the European Banking Authority’s (EBA’s) action plan on sustainable finance, it will initially focus on key metrics and disclosure to support bank’s green strategies.

The UK’s Financial Conduct Authority (FCA) has issued a feedback statement which outlines its proposals to improve climate change and green financial products.