Sustainable news

Sustainable headlines

SimCorp integrates with Clarity AI’s sustainability data

23 h

DBS unveils Metaverse adventure to spotlight global food waste challenge

25 Aug

Third consecutive year for weather-event insurance claims to top $100 billion

23 Aug

CreditNature secures major investment from Scottish Government, NatureScot and CivTech

16 Aug

Climate tech firm Persefoni raises $50 million

15 Aug

Kani Payments clients to track carbon footprints with Earthchain

15 Aug

NAB crafts bank-wide climate training programme

10 Aug

Pension funds need net-zero ‘paradigm shift’

09 Aug

Thames Technology working to eliminate virgin PVC from card production

03 Aug

CommBank introduces green buildings tool for commercial real estate

31 Jul

More /sustainable announcements »

UK forms climate finance partnership with Fiji

The UK Government has announced that the British High Commission (BHC) in Suva, Fiji have formed a partnership to deliver climate finance projects in Pacific Island countries.

Continue reading »

Iceberg Data Lab grows client list with Banque de France, ERAFP and Generali Group

Creating Climate Positive Companies with SustainableFinance.Live

BofE property expert Jackie Bennett joins Climate X

Sustainable Finance Live 2023: Hackathon

Sustainable Finance Live: Speakers announced!

Fintech and sustainability at the heart of UK and Singapore’s Financial Dialogue

BDC leads Canadian SMEs towards a greener future

Palau and Ripple pilot Government-backed stablecoin

Agile ESG reporting software key in evolving regulatory landscape

Sustainable Finance Live 2023: What to expect at this year’s conference and hackathon

[New Report] Can FIs lead the World's ESG charge with Pioneering and Transparent Data Visualisation?

Sustainable blogs

Financial Inclusion

Beyond the Surface: The concept of Underbanked in Developed countries

Joris Lochy

Joris Lochy - Capilever - Brussels

Fintech

A-book/B-book brokers: what the difference is and how to make a right choice

Elena Berestovaya

Elena Berestovaya - Ubanksy.com, UpTrader Software Design - New York

Fintech

Why payments shouldn't cost the earth

Luke Fossett

Luke Fossett - GoCardless - Melbourne

Alternative Investments

Valuable Insights from The Gambia Government's Asset Recycling Agreement with AFRICA50

Foday Joof

Foday Joof - Central Bank of The Gambia - Banjul

See all /sustainable blogs »

Latest TV

See all TV »

Creating Climate Positive Companies with SustainableFinance.Live

Paul Jepson, Head of Innovation and Science, CreditNature, shares with Richard Peers from Responsible Risk, how the workshops and community at SustainableFinance.Live enabled the creation of CreditNature and where their innovative solutions are taking them now.

The Emperor’s New Climate Scenarios

Sandy Trust, Head of Organisational Risk, M&G, and former Chair of the Sustainability Board at the Institute and Faculty of Actuaries, discusses with Richard Peers from Responsible Risk, how commonly used climate-change scenarios are hindering financial services and proposes alternative approaches.

Why Sustainable Cities are Essential to Addressing Climate Change

Professor David Simon, Professor of Development Geography, Director of External Engagement, Royal Holloway, University of London, speaks to Richard Peers from Responsible Risk in the lead-up to Sustainable Finance.Live, about the solutions for tackling cities' overconsumption, which accounts for over two-thirds of the world's energy and is responsible for more than 70% of global energy-related CO2 emissions.

Achieving Sustainable Growth: ESG Importance and Solution Technologies

Speaking at TCF 2023, Kalliopi Chioti, Chief Marketing and ESG Officer, Temenos, and Schuyler Weiss, Chief Executive Officer, Alpian, discuss the path to sustainable growth, the importance of ESG and the solution technologies out there to help achieve sustainability goals.

The long read

See all »

Madhvi Mavadiya

Is greater accountability needed to accelerate the transition to net zero?

Madhvi Mavadiya - Finextra Research

Discussion

Beyond the Surface: The concept of Underbanked in Developed countries

Joris Lochy

Joris Lochy

Scott, thanks a lot for the feedback. Much appreciated. Indeed even though the list of examples I gave in the article is already quite long, this list is far from exhaustive. A few more examples are: * Discrimination against certain minorities. Although laws exist to avoid this, we can not ignore there is an inherent (often unintentional) bias both in the automated risk algorithm and manual risk decision process. This means that certain minority groups are definitely "underbanked". * For medical insurance, obviously people with a history of cancer is not the only example. Everyone with a history of medical expenses or pre-existing conditions might be impacted. In many countries medical insurances are even more expensive for women, due to the expected medical costs associated with child birth. * Any form of non-traditional employment. In the blog I refer to freelancers and gig-workers, but obviously other non-traditional roles like e.g. artists, performers, or creatives are also impacted. * People with disabilities might need specialized financial products and services that aren't widely available or are offered at higher costs. * Language barriers for non-native speakers * Temporary Residents and people doing remote work (due to complex tax regulations) * ... Clearly the list is enormous, leading to a considerable percentage of the population being underbanked in some form.

Reply Read article

Beyond the Surface: The concept of Underbanked in Developed countries

Scott Hamilton

Scott Hamilton

Very thorough analysis, Joris Lochy! Perhaps we can chat on further issues here, some of which we've previously explored in Finextra articles?

Reply Read article

Sustainable Finance Live 2023: Hackathon

Richard Peers

Richard Peers

see you all there

Reply Read article

Agile ESG reporting software key in evolving regulatory landscape

A Finextra Member

A Finextra member

I am not sure ESG is going to survive in its present format for too much longer.... The cracks are beginning to show in the 'Social' element as the public try to understand why banks and corporations are preaching to them whilst simultaneously behaving badly to its consumers. UK Banking? FMCG (Unilever/Russia), Hollywood and USA Brewing all spring to mind as recent examples of the ESG backlash. Even investors seem to be having second thoughts now.

Reply Read article

Featured

See all news »

JPMorgan rolls out sustainable investment data product suite

HSBC launches ESG Index

Google Ventures backs carbon removals market-making platform CUR8

EU Parliament votes for new crypto rules

The long read

See all »

Richard Peers

Why climate adaption must consider people, profit, and planet in financial services

Richard Peers - Contributing Editor, Finextra

Elsewhere...

The long read

See all »

Scott Hamilton

How standardised reporting frameworks can clarify greenwashing claims

Scott Hamilton - Contributing Editor, Finextra