Welcome to the latest edition of Carbon Insights, your go-to source for the latest sustainable developments in the financial services sector.
- 74% of public companies to invest in ESG reporting technology: A Deloitte survey revealed that 74% of public companies plan to invest in new ESG reporting technology within the next year. This shift is driven by increasing regulatory requirements, with data quality remaining the primary challenge for these businesses.
- Earth records hottest day twice in a row: Experts stress the urgent need to tackle global warming after Earth recorded its hottest day ever twice in one week. On Monday, the global average temperature reached 62.87°F (17.15°C), breaking the record set just the previous day, according to preliminary data from the Copernicus Climate Change Service.
- Rise in companies adopting science-based targets: The recent SBTi report reveals a significant increase in the number of companies adopting science-based targets, with a 102% rise in companies and an 82% rise in financial institutions making these commitments.
- 57% of sustainability execs believe AI's benefits outweigh climate risks: A Salesforce survey reveals companies are leveraging AI for energy efficiency, carbon modelling, and ESG compliance. Despite 4 in 10 execs expressing concerns about AI’s impact on emissions reduction plans, the majority believe its benefits outweigh the risks.
- We’re proud to have been selected to participate in Fintech Scotland’s programme aimed at developing ESG solutions in collaboration with leading financial firms. Learn more.
- We announced a new partnership with Brighte to empower banks, energy retailers, governments, and other organisations to streamline sustainable home and business upgrades. Read more.
- Cogo was featured in Barclay’s Innovation Spotlight report, showcasing how carbon insights and our solutions are reshaping financial services. Learn more.
- Cogo is live in Emerge’s partner marketplace with an offer that will provide Kiwi businesses with the tools they need to start measuring, managing and improving their footprint. Find out more.
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