Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. But it doesn’t stop there. This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change.
Greenwashing, providing incorrect information to the public about the ethical and environmental impact of a firm, was one of the biggest challenges facing fintechs at one point. There used to be a lack of transparency, however, over the last couple of years, this has been sternly dealt with, resulting in more accurate news-sharing about ESG (environmental, social, governance) goals and how they are being met.
Nonetheless, challenges still persist, so we spoke to the industry to find out what fintechs are still struggling with.
Read full article: https://thefintechtimes.com/what-esg-challenges-do-fintech-firms-face/
This article was originally published onhttps://thefintechtimes.com. Accessed on Dec 5 , 2024.
Start the Conversation
AVANA Companies has originated $1.7B+ in commercial real estate loans across 23 years and all 50 states. Whether you are exploring private credit, hospitality investment, or another real estate opportunity, our team is ready to help you find the right structure for your goals.
Bring us your deal — we will get back to you within 24 hours.
Contact AVANA | 1-877-850-5130
