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Tide Launches New Carbon Calculator To Help SMEs Reach Net Zero Read more: https://lnkd.in/d9mVsmjS #Tide #CarbonCalculator #NetZero #Sustainability #SMEInnovation #GreenFinance #FinTech #Finance #FinancialIT

Tide Partners With Connect Earth to Help SMEs Reach Net Zero Vinay Ramani, CPO, Tide said: “Nearly half of small businesses say carbon reduction is a high or very high priority.3 That’s an astonishing starting point and translates into an opportunity to really capitalise on a transition to net zero for SMEs. Tide’s partnership with Connect Earth will create a range of innovative tools to help our members measure, monitor and manage their carbon emissions in their Tide accounts. This technology and support is crucial to delivering Tide’s own environmental pledges and a significant step to helping entrepreneurs globally reach net zero.” https://lnkd.in/eTEsMcxu Alexander L. #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

Bonds that provide financing for ocean-friendly and clean water projects are a nascent area of the sustainable bonds market. Associate Portfolio Manager Willem Visser and Head of ESG Fixed Income Tongai Kunorubwe explore how investing in blue bonds could help drive economic growth in emerging markets while advancing sustainable development goals. #bonds #sustainability #BlueFinance #Investing

The impacts of financial services are often undermined in the low-carbon transition discourse. However, research has shown that financial institutions play a major role in this cause…. 📊 A 2022 report from the Rainforest Action Network revealed that the 60 largest banks in the world financed a whopping ... ... $4.6 trillion in fossil fuels from 2015-2021 😨 The financial sector has a major and significant indirect emission footprint (aka scope 3). The narrative is now changing for good as….🔽 💡 Many financial institutions are now recognising their sustainability moral responsibility. Recently, Standard Chartered announced a new commitment to set a science-based target by 2025 to reduce its financed #methane emissions from the oil and gas sector (it represents 30% of their 2020 baseline financed emissions) 🔄 The latest commitment builds upon last year's announcement by the bank, where it reinforced its goal to reduce emissions in the sector. 🎯 This new commitment replaces the previous intensity-based financed emissions reduction target with a pledge to decrease absolute emissions by 29% by 2030, equivalent to a reduction of 3.8MT of CO2e. Wholesum, we recognise the potential role of financing in accelerating the low-carbon economy transition, and we have explored this in one of our articles (https://lnkd.in/etKPKkTz) Is managing financed emissions only important for the big banks? How can small financial actors also utilise finance for good purposes? …… Enjoyed this post? 👍Like 💬Comment 💌Share 🔔 Subscribe Our posts help people interested in #impactinvesting, #responsiblefinance, #ESG and #sustainability stay informed. 🔗 Follow Wholesum and Dr Tanvir Uddin for more insights, news, and articles.

OCBC is committed to driving the transition to a sustainable, low-carbon future. As a leading financial institution in Asia, our purpose is to enable people and communities to realise their climate aspirations. Centered around our commitment to support our clients in their transition towards a Net Zero ASEAN and Greater China, we offer our clients across the region innovative sustainable and transition advisory and financing solutions tailored to their needs. We are honoured to receive the Award for Innovation – Loan Structure at the Environmental Finance Sustainable Debt Awards 2024, recognising OCBC’s market innovation and leadership in sustainable finance. The award was granted to Singapore’s first green financing solution comprising green loan and carbon credits with Frasers Centrepoint Trust (FCT). As part of decarbonisation efforts, the S$419 million green loan offering with carbon credit will enable Tampines 1 - which has obtained BCA Green Mark GoldPlus certification - to make progress towards carbon-neutral status encompassing all energy-related emissions. The carbon credits, sourced through OCBC’s Emissions Trading Desk, will go towards investing in Verra or Gold standard certified carbon reduction nature-based projects. The first-to-market green financing solution would not have been possible without the cross-functional collaboration between OCBC’s Global Corporate Banking, Sustainability Office and Global Markets teams, working seamlessly to provide our clients a one-stop solution to support their decarbonisation journey. These recognitions are a testament to OCBC’s dedication as a trusted partner for our clients in their net zero journey through innovative financing solutions – for now, and beyond. (Photo credit: FCT)

Techcombank: Vietnam's First Private Bank to Launch Green Bonds: Techcombank marks a milestone as the first private bank in Vietnam to take a significant step toward sustainability. #Techkombank #vietnam

The newly launched Playbook outlines practical solutions for SMEs to reduce carbon emissions from electricity, petrol or diesel, providing access to free, usser-friendly tools such as carbon emissions calculators that can be used to estimate their emissions and identify potential savings. It also contains relevant resources for SMEs to enhance their sustainability practices through guidance on policies and incentives, as well as sustainable finance options to boost their transition. CIMB Ahmad Shazli Kamarulzaman

Revolutionise the world with your wallet. It's time to embrace the power of green finance as a catalyst for true, sustainable change. https://lnkd.in/dNgzwf-M Investigations into economic alternatives are revealing a tantalising truth - green finance holds the keys to our environmental future. Renewable energy investment and the formation of robust public-private partnerships have the potential to drastically reduce CO2 emissions, bolstering our shared goal of environmental sustainability. As we stand on the cusp of a new age, our financial decisions can have a profound impact on the health of our planet. I invite you to think of the investments we make not only as a means to increase personal wealth but as a vehicle for global change. Imagine a future where our portfolios are not only prosperous but also contribute to a carbon-neutral economy! The potential for green finance to revolutionise our economic landscape is immense. We have an opportunity to usher in an era of sustainable prosperity, to use our financial power to form solutions tailored to the ecological challenges we face. Join the green finance revolution! Let's make an impact and navigate our way towards a carbon-neutral economy together. #Sustainability #Innovation #BusinessModels #SDGs #StakeholderEngagement #Sustainability #Innovation #OilAndGasIndustry #RenewableEnergy #Efficiency 🌿#GreenFinance #SDGs #EconomicInclusion #SustainabilityGoals #leadership #ThoughtLeadershipGuru #GreenLuxury #SustainableHospitality #PassionIsKey #RenewableEnergy #OperationClimate #SustainabilityJobs #GreenJobs #SustainableCareers #EcoJobs #EnvironmentalJobs #CSRJobs #RenewableEnergyJobs #ClimateJobs #SustainableBusiness #GreenCareers #SocialImpactJobs #CircularEconomyJobs #CleanTechJobs #EthicalJobs #SustainableDevelopment #SustainabilityProfessionals #ESGJobs #ConservationJobs #ResponsibleBusiness #FutureOfWorkSustainability #LinkedInStartups #TechSrtupLife #StartupCommunity #InnovativeTech #LinkedInEntrepreneurs #TechLeadership #LinkedInNetworking #StartupGrowth #TechInnovators #LinkedInBusiness #StartupSuccess #LinkedInConnections #TechIndustry #LinkedInEngagement #StartupMindset #LinkedInMarketing #LinkedInProfessionals #renewalenergy #energy #gas #oil #maersk

As part of our commitment to support Asia's transition to a low carbon economy, DBS' sustainable financing (for loans and trade finance) commitments, net of repayments, reached around SGD 70 billion as of end-2023, up from SGD 51 billion in 2022. We also facilitated close to SGD 18 billion of ESG bond issuances in 2023. And beyond focusing on large corporates, we are helping SMEs in their sustainability efforts. Last year, we established several strategic partnerships with industry leaders to provide more comprehensive solutions to SMEs. "This is a multi-year journey, and what we ultimately need to hit are the 2030 and the 2050 targets," said DBS' chief sustainability officer Helge Muenkel in a media briefing. While it’s not going to be easy and there will be challenges, DBS is making good progress, he said. Our 2023 Annual Report: https://go.dbs.com/3V6WYgK Our 2023 Sustainability Report: https://go.dbs.com/4a7tFyU