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Fintech Insider Podcast by 11:FS
801. Insights: How does climate change impact fintechs?
Nov 10, 2023
Niclas Persson, CEO at Deedster, joins the host to discuss how fintechs are embedding green thinking and supporting climate targets. They explore the impact of short-term returns on addressing climate change, the divide in banks' response to Gen Z concerns, and the factors driving the transition in the financial industry. The podcast highlights the challenges and opportunities for fintechs in promoting sustainability and introducing green financial products.
47:38
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Quick takeaways
- Fintechs are embedding green thinking into their business models and supporting organizations in achieving their climate targets.
- The financial industry has a unique opportunity to play a major role in the transition to a more sustainable future.
Deep dives
The Impact of Climate Change on the Fintech Space
Climate change is impacting the Fintech space, with Fintechs embedding green thinking into their business models and supporting organizations in achieving their climate targets. The financial industry has a unique opportunity to play a major role in the transition to a more sustainable future. Fintechs like Deedster are helping individuals understand the impact of their spending and providing guidance on reducing carbon emissions. Bank platforms are seen as the perfect place to provide guidance and incentivize more sustainable living. While some banks and Fintechs have embraced sustainability, there is still a need for greater transparency and action throughout the industry.
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