Tag: ESG

NatWest’s new partnerships allow it to offer free perks to customers while furthering its own climate-related goals. UK bank NatWest wants to stand out by helping its corporate clients reduce costs by becoming more sustainable.   It just debuted new partnerships with tech firms Perse and Absolar to offer free, personalized recommendations on cutting energy […]

JPMorgan’s data platform for institutional investors is using a slew of partnerships to make ESG investing more cost effective for its clients, as environmental, social, and governance concerns continue to be a hot topic for regulators, board members, and customers alike.  JPMorgan is making sustainability-focused investing easier and more efficient for its clients.   The firm’s […]

GenZ and Millennials are interested in understanding their carbon footprints, so adding tracking tools can be a competitive differentiator for banks. Westpac wants to help its customers make greener spending choices.   The bank has partnered with Cogo to give its app users high-level insights into their carbon footprints, at a time when young people have […]

Through its Global Markets Incubator, SocGen has honed a way to fast-track innovation, build relationships with cutting-edge startups, and take a leading role in sustainable finance.  SocGen has a clever way to tap into the buzzy ESG technology industry.   It just selected eleven startups to join its Global Markets Incubator (GMI), where they will have […]

The lack of trust and verification around carbon markets has historically sidelined big banks from allowing their clients (and themselves) to use carbon credits to achieve ambitious ESG goals, so a group of banks is providing $45 million to build better infrastructure.  Banks need a better carbon credit transaction network, so they’re building it themselves.   […]

Sustainability continues to be a hot topic for regulators and corporate boards alike. Financial firms have a vested interest in supporting partners focused on building robust, transparent infrastructure for environmental commodities, so they can best support their clients’ ESG goals.  Bank of America and Goldman Sachs joined a $125 million investment into Xpansiv, which provides […]

Double materiality allows investors to not only understand the environmental, social, and governance risks facing their portfolios, but also the ESG impacts that those assets could have on the wider world. The more forward-looking, comprehensive principle is already baked into EU regulation, and is starting to gain traction in the US (while also facing blowback from […]

Rigorously tracking diversity, equity, and inclusion data is necessary to both monitor progress and find insights in that data that may highlight weak points and influence future strategies. Big financial institutions need to be better at tracking, forecasting, and reporting on their own diversity statistics, according to Dr. Hood in the same way “we’re presenting […]

As everyday consumers put an onus on sustainability, it’s a competitive differentiator to help users to track their own environmental impact. A whopping 83% of consumers think companies should be actively shaping environmental, social, and governance (ESG) best practices, according to PwC research, and, in alignment with that majority, Dutch bank ING is offering a […]