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Are Banks, Fintechs, or Financial Institutions Sustainable Organizations?
Banks are in a unique position to influence the transition to a low carbon economy. They can do that by reducing the impact of their own operations as well as the emissions they finance. Using AI in asset and wealth management as the basis for impact investing, this allows banks to measure the non-financial impact of their portfolios. The bank runs on the TEMENOS banking cloud powered by Microsoft Azure and it actually was able to generate up to 96% less emissions compared to on-premise alternatives.