" " Finance in the Metaverse Era Should be Green and Sustainable by Default – Financial Tips " "
Financial Tips
Advertisement
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us
No Result
View All Result
Financial Tips
No Result
View All Result
Home Banking

Finance in the Metaverse Era Should be Green and Sustainable by Default

admin by admin
November 17, 2022
in Banking


The following is a sponsored blog post from Finastra.

Post-pandemic recoveries stalled by rocketing energy prices are leading to calls for stalling a green transition that has already begun. But the costs to businesses due to climate-related weather events within the next four years will be over $1 trillion.

Investors and financial institutions are increasingly applying non-financial factors (Environmental, Social, and Governance) as part of their analysis process to identify material risks and growth opportunities. Also, there is a high interest coming from consumers in the sustainability of businesses and how they impact the environment.

But because of the broad range of indicators coupled with the lack of standards, transparency, and unified reporting makes it a challenge to assess and measure true, impactful ESG credentials and the sustainability of a business.

At the same time, many banks have started to embrace/experiment in the Metaverse including DBS Bank in partnership with The Sandbox with a focus on driving sustainability. Will this be an opportunity or a challenge for financial institutions keen to demonstrate their commitment to a more sustainable future?

To help navigate these challenges Finastra invited three experts in ESG and Sustainable Finance alongside Christophe Langlois, their Global Marketing Lead, Fintech & Developer Ecosystem at Finastra, who hosted this insightful conversation:

  • Marcus Cree, MD Financial Technology and Services, GreenPoint Global
  • Tanuj Pasupuleti, CEO, Bankify
  • Jay Mukhey, Global Director of ESG, Purpose & Impact, Finastra

They discussed the following topics:

  • The case of ‘greenwashing’ in 2022 and how to identify it.
  • The main differences in terms of sustainable finance adoption and challenges between the key regions of the world?
  • The opportunities that come with sustainable finance.
  • The essential role open/API banking plays in fostering sustainable finance.
  • Metaverse from a sustainable finance standpoint.

To learn about the successful adoption of ESG and sustainable finance and what solutions are available right now on the market, watch the video by visiting this page.


Photo by Michael Marais on Unsplash



Source link

Previous Post

KeyBank’s Cugini joins Bank Automation Summit US 2023 speaker faculty

Next Post

Wells Fargo Launches Small Dollar Digital Financing Solution, Flex Loan

Next Post

Wells Fargo Launches Small Dollar Digital Financing Solution, Flex Loan

Recommended

Binance US Plans to Acquire Voyager Digital’s Assets for $1 Billion in Bankruptcy Bid – Bitcoin News

December 19, 2022

Redefining the Retirement Income Goal

February 9, 2023

Don't miss it

Investment

Public Debt: Four Ways to Deleverage

June 3, 2023
News

From Living in a Van to Conquering One of America’s Most Expensive Markets

June 3, 2023
News

Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

June 3, 2023
Banking

Finovate Global Estonia: Talking Conversation Intelligence and Automation with Ender Turing

June 2, 2023
Banking

Stay bold amid techno-panic; long-term tech relationship is positive-sum

June 2, 2023
Investment

Active vs. Passive Revisited: Six Observations

June 2, 2023

© Financial Tips News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • News
  • Investment
  • Digital Payment
  • Banking
  • Contact us

© 2022 Financial Tips News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/