Asset finance banks shun SBTi climate verification
The withdrawal by SocGen, ABN Amro and HSBC underscores the banks' concerns that adhering to SBTi rules would impose limitations on their ability to finance fossil fuels.
08 December 2023
08 December 2023
The withdrawal by SocGen, ABN Amro and HSBC underscores the banks' concerns that adhering to SBTi rules would impose limitations on their ability to finance fossil fuels.
UK asset finance provider to SMEs has seen over 400% growth since 2020.
Investec announces new partnership with Walbrook Asset Finance, marking a significant move in portfolio management within the financial sector.
Collaboration aims to help finance firms and fintech companies identify fraud and meet compliance requirements.
In a resounding testament to economic resilience, the FLA's latest data reveal a noteworthy 11% boost in asset finance new business for October 2023.
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The leading themes that GlobalData has identified that will shape the future of work in insurance over the next decade are AI, the shift to WFH, drones, the metaverse, the gig economy, and ESG. AI is already well established within the insurance industry and used throughout the value chain, though Gen AI could open up the possibility of further advancement.
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