إعلان مُمول

Over 72% of Financial Institutions plan to invest heavily in ESG Tech

0
4كيلو بايت

BCT Digital, a global digital transformation company delivering FinTech, RegTech and SustainTech solutions, in collaboration with Chartis Research, has published the findings of their extensive ESG and Climate Risk Survey. Titled ‘Chartis Market View: ESG and Climate Risk Survey’, it analyzes how global financial institutions are integrating ESG and climate risk factors into their risk management and investment decision-making processes.

The survey captured insights from 77 ESG and climate risk practitioners representing financial institutions with AUM ranging from $1 bn to $500 bn based in the APAC, North America, Europe and the MENA region. It is found that over 72% of financial institutions plan to spend upto $500,000 or more on ESG technology.

Most firms review their ESG strategies quarterly, spending an average of $250,000 to $500,000 annually, with North American and European institutions likely to exceed $500,000.

When it comes to ESG, 52% of the respondents indicated regulatory compliance as the primary challenge followed by risk assessment (48%). For climate risk, the challenges are meeting regulatory stress testing expectations (67%), accurate Greenhouse Gas Accounting (56%) and integrating climate risk operationally into product lines (50%).

Read Full News @ https://ai-techpark.com/over-72-of-financial-institutions-plan-to-invest-heavily-in-esg-tech/ 

Related Article -

Mental Healthcare with Artificial Intelligence

إعلان مُمول
إعلان مُمول
البحث
إعلان مُمول
الأقسام
إقرأ المزيد
أخرى
Hydrogen Fuel Cells Market Segmentation and Regional Analysis Report 2023-2030
Hydrogen Fuel Cells Market Industry Analysis Scope & Overview The Hydrogen Fuel Cells...
بواسطة Nick_Tech 2023-11-20 04:54:56 0 5كيلو بايت
Health
Bio Decontamination Market Size: Market Segmentation and Trends
The Bio Decontamination Market size was estimated USD 225 million in 2022 and is expected to...
بواسطة mattmile92 2023-10-05 06:50:08 0 6كيلو بايت
Networking
Amyloid Peptides Market is Expected to Gain Popularity Across the Globe by 2033
  According to the Regional Research Reports, the Global Amyloid Peptides...
بواسطة Nit234 2023-09-27 12:55:57 0 4كيلو بايت
أخرى
Metaverse Market Size, Share | Growth Report [2030]
Metaverse Market Overview: The Metaverse Market is rapidly evolving, capturing the...
بواسطة Technews 2024-08-05 07:32:59 0 3كيلو بايت
أخرى
Uav Propulsion Systems Market Size, Industry Share, Report and Global Forecast till 2023-2033
According to the Regional Research Reports, the global uav propulsion systems...
بواسطة Harshsingh 2023-07-28 07:22:03 0 5كيلو بايت
إعلان مُمول
TikTikTalk https://tiktiktalk.com