Green Fintech
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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UNDP, GLEIF and MAS to Work on Digital ESG Credentials for MSMEs Worldwide
The United Nations Development Programme (UNDP), Global Legal Entity Identifier Foundation (GLEIF) and Monetary Authority of Singapore (MAS) will be working together to develop digital ESG credentials for micro, small and medium-sized enterprises (MSMEs) worldwide. MAS will deploy the ESGenome
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MAS Unveils Plans to Set up the Singapore Sustainable Finance Association
The Monetary Authority of Singapore (MAS), together with the financial industry, will establish the Singapore Sustainable Finance Association (SSFA) to build a vibrant ecosystem for green and transition finance. The Association of Banks in Singapore is leading the coordination and
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Can the Financial Industry Afford to Ignore ESG Principles?
As the world undergoes rapid changes, businesses in the banking, financial services, and insurance (BFSI) sectors are also expected to adapt to new norms. Environmental, social, and governance (ESG) principles have become more than an option and are now essential
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Temasek Joins Impact Verification Provider BlueMark’s US$10 Million Series A
BlueMark, a provider of independent impact verification and intelligence for the impact and sustainable investing market, announced that it has closed its US$10 million Series A funding round. The lead investor is S&P Global, with other new investors including Temasek
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Mastercard Pledges to Have Full Roll Out of Sustainable Cards by 2028
Payments giant Mastercard announced that it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. The firm said that this move further reinforces its sustainability commitments and scales the accessibility of more sustainable
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OCBC Disbursed Over S$3.5 Billion in Sustainable Loans Two Years Since Launch
OCBC Bank said that it has disbursed more than S$3.5 billion through the OCBC Eco-Care Loans in the two years since its launch in March 2021 where “traction in 2022 was particularly strong”. These loans accounted for 1 in 5
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Singapore Leads ASEAN’s Climate Fintech Revolution Amid Climate Emergency
The climate crisis is a defining challenge for Southeast Asia, a region that’s among the most vulnerable to global warming but which also significantly contribute to its cause. Against this backdrop, a new generation of fintech startups are emerging out
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Singapore Green Fintech MVGX Names Sandy Frucher as Vice Chairman
Singapore-based fintech MetaVerse Green Exchange (MVGX) announced that it has appointed Meyer “Sandy” Frucher as its Vice Chairman. In his new role, Sandy will be responsible for guiding the company toward establishing an interconnected global carbon infrastructure network with national
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Finastra Launches ESG Service for Lending
Financial services software and cloud solutions provider Finastra has launched its ESG Service, a cloud-native SaaS solution that streamlines sustainability-linked lending. As a cloud-native SaaS solution that uses open APIs, it provides a high degree of flexibility to support varied
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