Six Steps to Becoming a Sustainable FinTech
January 10, 2023
FinTechs, like other financial sector institutions, have to consider and respond to environmental, social and governance (ESG) issues. Although this will reduce their susceptibility to ESG-related losses, it can also provide something for FinTechs to capitalise on. ESG is rising in prominence in the venture capital sector, with Principles for Responsible Investment (PRI) recently releasing a due diligence questionnaire for venture capital limited partnersAsset owners’ focus on how their venture capital investments account for ESG risks is increasingly flowing down to their FinTech portfolio companies
Businesses are typically cognizant of the need to deliver financial returns in the short and long term. These days, they are becoming more aware of the additional need to be...