Green Fintech
HSBC Bets on Climate Tech with US$1 Billion Investment
HSBC has pledged to invest US$1 billion in high-potential early-stage climate tech companies around the world. The funding will support startups working on a range of new solutions, including EV charging, battery storage, sustainable food and agriculture, and carbon removal
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Tenity and Julius Baer Announce Winners of Intrapreneurship Programme
Tenity, a fintech incubator and accelerator formerly known as F10, and Swiss wealth management group Julius Baer has announced the winners for the Julius Baer x Tenity Intrapreneurship Programme. The six-week programme, which ran from 27 May to 12 July
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Development Banks Driving Environmental Change Through Technology
Sustainability has emerged as one of the most pressing issues of our time and ESG is no longer just a nice-to-have. Nearly 90% finance executives surveyed in Hong Kong and Singapore by Finastra think it’s important for the financial services
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ASEAN’s Fintech Sector Attracts US$5.7Billion; Singapore Leads
Fintech innovation has driven economic growth, revolutionising financial services and bringing new solutions to meet evolving needs. Amid global uncertainties and challenges surrounding trust, security, and regulatory clarity, Singapore has emerged as a leading fintech hub in Southeast Asia. A
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OCBC Names Mike Ng as Sustainability Chief in Newly Created Role
OCBC has appointed Mike Ng for its newly created Group Chief Sustainability Officer (CSO) role, effective 1 August 2023 onwards. Ng will actively lead OCBC‘s sustainability agenda, including the transition to Net Zero economy on both the lending and wealth
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DBS Equips 1,800 of Its Relationship Managers With Sustainable Financing Skills
DBS has upskilled over 1,600 institutional banking relationship managers (RMs) and 170 credit risk managers (CRMs) to deepen their knowledge in sustainable financing practices through specialised Climate Activation Workshops. These workshops which DBS has been organising since December last year
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ESG Fintech to Play Critical Role in Net-Zero Journey
As the world races to achieve net-zero carbon emissions, the financial services sector is facing the challenge of reducing its financed emissions. Against this backdrop, ESG fintech, which leverages data and technology for environmental, social, and governance (ESG) purposes, will
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StanChart Appoints Singapore-Based Global Sustainability and Net Zero Lead
Standard Chartered has appointed Dana Barsky as its Global Head of Sustainability Strategy and Net Zero where she will be based in Singapore. In her new role, Dana will drive key sustainability agenda items that include overseeing the group’s delivery
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MAS Proposes Code of Conduct on ESG Ratings and Data Products
The Monetary Authority of Singapore (MAS) is proposing an industry code of conduct for providers of Environmental, Social, and Governance (ESG) ratings and data products. ESG ratings help provide an assessment of the impact of ESG factors on an entity.
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MAS and SGX Group Collaborate with CDSC to Drive Global Climate Data Transparency
The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) will collaborate with the Secretariat of the Climate Data Steering Committee (CDSC) so stakeholders around the world will have access to key climate transition-related data. This includes, but is
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