Is FinTech the answer to a more sustainable planet? EJINSIG

Is FinTech the answer to a more sustainable planet? EJINSIGHT


Helen Langton
July 14, 2021 09:08
Environmental, social and governance (ESG) investments have surged in Asia-Pacific over the last year – 57% of investors in the region expect to have “completely” or “to a large extent” incorporated ESG issues into their investment analysis and decision-making processes by the end of 2021, according to a MSCI 2021 Global Institutional Investor survey. Sustainable investing has hit an all-time high as investors, stakeholders, businesses and consumers alike place greater emphasis on our impact on the planet.
Several Asian financial institutions have formalised their commitment to align their businesses with the goals of the Paris Climate Agreement. However, sustained action from the global to the local level is expected to cost USD 5-7 trillion annually, and investors in sustainable development, such as banks and other financial services, will need to scale up their analytics platforms to better understand the operating, financial and sustainability performance of their assets.

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