Sustainable - Long Reads, News, Articles & Research: Finextra

COP28: Why climate science is critical for banking regulation

Lukky Ahmed CEO at Climate X

COP28: Why climate science is critical for banking regulation

Science is at the heart of COP28 Against a backdrop of record global temperatures and associated extreme weather events, climate diplomats from 198 countries are wrapping up intense negotiations at COP28, the biggest U.N. climate summit to date. A major feature of the summit has been the completion of the first ‘global stocktake’ of progress towar...

14 December 2023 /sustainable

What are the top COP28 takeaways for banks – thus far?

Scott Hamilton Contributing Editor at Finextra Research

What are the top COP28 takeaways for banks – thus far?

Amid all of the high hopes and sometimes lofty or overstated goals, achievements, and elusive dreams of the COP28 conference, continuing through to the 12th of December, financial services remained one of the top industries to watch. Noted by environmental scientists and experts the world over as key influencers of potential action, on their own p...

07 December 2023 /sustainable

What is the carbon market and how does it work?

Sehrish Alikhan Reporter at Finextra

What is the carbon market and how does it work?

The carbon market is a complex and often convoluted industry that has emerged in recent years amid the ESG and sustainability boom that has rocked the financial services sector. Numerous new carbon accounting start-ups have emerged that have contributed to the carbon market, which calculate the carbon emissions that a company is making and advise o...

06 December 2023 /sustainable

Fintech: Leading the fight against greenwashing with data and transparency

Nameer Khan Founder and CEO at Fils

Fintech: Leading the fight against greenwashing with data and transparency

In an era of heightened consciousness, consumers, investors, and regulatory bodies are scrutinising companies' environmental, social, and governance (ESG) practices more than ever. According to one Edelman report, almost three out of four institutional investors do not trust companies to achieve their ESG commitments. This scepticism has been driv...

30 November 2023 /sustainable

How California’s new climate laws will impact companies across the globe

Scott Hamilton Contributing Editor at Finextra Research

How California’s new climate laws will impact companies across the globe

Recognising that climate change is a global issue that doesn’t respect human-created boundary lines, in the past month-plus the state of California took decisive action that will impact many companies defined as doing business within its boundaries. Its legislature passed two bills, both later signed by Governor Gavin Newsom, that will require lar...

14 November 2023 /sustainable

Why the net zero transition needs people at its heart

Ivana Popovic Research Associate at Centre for Climate Finance & Investment

Why the net zero transition needs people at its heart

It is no secret that we need to act more urgently if we are to effectively tackle the most severe consequences of climate change. Global warming, and the dire effects that come with it, are already drastically impacting the world and its civilians. Whether it be increased natural disasters, the reduction of biodiversity, or less clean air for peop...

06 November 2023 /sustainable

Finextra Research Writer at Finextra

How to finance a sustainable city

Kicking off Sustainable Finance Live 2023 at Events@no6 in London, founder of ResponsibleRisk Richard Peers, highlighted the objective of this year’s event, to bring people together in their likeminded desire to drive sustainability in their work. He outlined this year’s main theme: how to finance sustainable cities, what we can do to identify solu...

18 October 2023 /sustainable

Why banks are pivotal to financing sustainable cities

Madhvi Mavadiya Head of Content at Finextra

Why banks are pivotal to financing sustainable cities

This is an excerpt from 'The Future of ESGTech 2024' report. What is sustainable finance? Sustainable finance refers to the process of taking environmental, social and governance (ESG) considerations into account when making investment decisions in the financial sector, leading to more long-term investments in sustainable economic activities and ...

17 October 2023 /sustainable

Can behavioural science guide the formation of a sustainable city?

Scott Hamilton Contributing Editor at Finextra Research

Can behavioural science guide the formation of a sustainable city?

This is an excerpt from 'The Future of ESGTech 2024' report. “By 2050, 68% of the world’s population is projected to be urban,” according to the United Nations. This reinforces the idea that sustainable cities will be important to the overall well-being of humankind. Beyond the actual objectives, plans, and approaches associated with creating envir...

13 October 2023 /sustainable

How AI can address climate change and nature-related risk in fintech

Sehrish Alikhan Reporter at Finextra

How AI can address climate change and nature-related risk in fintech

This is an excerpt from 'The Future of ESGTech 2024' report. As the world plummets further into climate disaster and ecological crisis, every organisation has an obligation to actively work towards becoming more a sustainable and ethical institution. Within the financial services sector, corporations have an influence on how sustainability is being...

12 October 2023 /sustainable

How can we accelerate the delivery of clean and affordable energy?

Níamh Curran Senior Reporter at Finextra

How can we accelerate the delivery of clean and affordable energy?

This is an excerpt from 'The Future of ESGTech 2024' report. Our global economy has been “driven and shaped by oil, gas, and coal” for over 100 years. Fossil fuels powered the industrial revolution and formed the global financial ecosystem into what it is, but this has to change. Over 80% of the world's energy consumption comes from fossil fuels, w...

11 October 2023 /sustainable

Environmental frameworks shaping a decade of change for sustainable finance

Paige McNamee Senior Reporter at Finextra

Environmental frameworks shaping a decade of change for sustainable finance

This is an excerpt from 'The Future of ESGTech 2024' report. Over the last decade, there has been a growing awareness of the financial risks posed by environmental factors. This led to the creation of the Task Force on Climate-related Financial Disclosures (TCFD) in 2015 and the Task Force on Nature-related Financial Disclosures (TNFD) in 2021. T...

10 October 2023 /sustainable

Long reads