Tag: carbon emissions
French InsurTech funding hit five-year low in 2023
Key French InsurTech investment stats in 2023:
• French InsurTech companies raised a combined $94m in 2023, a 60% drop from 2022
• French InsurTech deal...
FinTechs failing to address carbon emissions despite helping others reduce theirs
The urgent need for sustainability is evident, with a staggering 69% of global consumers opting for eco-friendly products and services, as per IPSOS. Amidst this environmental awakening, the FinTech sector, while championing sustainable innovations, must also introspect and mitigate its own carbon emissions.
Tenet raises $30m+ for ESG-driven growth of EV financing platform
Tenet Energy Inc. has revealed that it has closed a funding round of over $30m, as it looks to grow its industry-leading EV financing platform.
Over a third of public companies now report Scope 3 emissions,...
A newly published report from MSCI has revealed a significant rise in public companies disclosing Scope 3 emissions.
European Parliament votes for member states to reduce emissions by 2030
The European Parliament has passed legislation that will require EU member states to cut greenhouse gas emissions by the year 2030.
Greenwashing is impacting faith in ESG – can data be the...
Greenwashing is still a widespread problem. As the pressures increase for firms to act sustainably, both through regulation and customer expectations, there is a risk more will look to embellish their green efforts.
World’s first carbon insurer Kita scores seed funding
Kita, the world’s first carbon insurer, has closed a “heavily” oversubscribed pre-seed round on £350,000, which was led by seasoned investor Insurtech Gateway.
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