Squashing the Greenwashing with Emerging Technology
5/5 (1)
Spread the love
5/5 (1)

Our financial system plays a central role in crystallising priorities and incentives for businesses and other stakeholders across the globe. So, many of us breathed a sigh of relief as the financial community got behind the Environmental, Social and Governance (ESG) movement in recent years, signalling a very visible acceleration in ESG as a hot button issue for investors and lenders.

Unfortunately, the growth of ESG as a priority for investors, lenders and consumers has driven many companies to oversell their green and/or social credentials in order to burnish their brands and attract investment. This is referred to as “greenwashing” and “social washing”.

As sustainability becomes a critical pillar for investors and consumers in their decision-making, data, analytics and technology play an increasingly critical role in enabling better decisions based on credible, accurate and more real-time information.

Read on to find out the three themes for technology enablement in sustainable finance, together with examples and potential use cases including companies such as IBM, Triodos Bank, Alipay, Floodmapp, and Data Gumbo.

Squashing-Greenwashing-with-Emerging-Technology-1
Squashing-Greenwashing-with-Emerging-Technology-2
Squashing-Greenwashing-with-Emerging-Technology-3
Squashing-Greenwashing-with-Emerging-Technology-4
Squashing-Greenwashing-with-Emerging-Technology-5
Squashing-Greenwashing-with-Emerging-Technology-6
Squashing-Greenwashing-with-Emerging-Technology-7
Squashing-Greenwashing-with-Emerging-Technology-8
Squashing-Greenwashing-with-Emerging-Technology-9
Squashing-Greenwashing-with-Emerging-Technology-10
Squashing-Greenwashing-with-Emerging-Technology-11
previous arrowprevious arrow
next arrownext arrow
Squashing-Greenwashing-with-Emerging-Technology-1
Squashing-Greenwashing-with-Emerging-Technology-2
Squashing-Greenwashing-with-Emerging-Technology-3
Squashing-Greenwashing-with-Emerging-Technology-4
Squashing-Greenwashing-with-Emerging-Technology-5
Squashing-Greenwashing-with-Emerging-Technology-6
Squashing-Greenwashing-with-Emerging-Technology-7
Squashing-Greenwashing-with-Emerging-Technology-8
Squashing-Greenwashing-with-Emerging-Technology-9
Squashing-Greenwashing-with-Emerging-Technology-10
Squashing-Greenwashing-with-Emerging-Technology-11
previous arrow
next arrow
Shadow
Get your Free Copy
1

Please rate this

Gerald Mackenzie is an industry leader in Digital Transformation, particularly in Banking and Financial Services. Gerald’s international career spans 25 years and multiple industries. Most recently, Gerald led the Strategy and Transformation for the Bank of New Zealand where he drove the re-set of the BNZ strategy, shaped the BNZ response to COVID and the acceleration of their digital transformation. Prior to that he held multiple roles leading Strategy and Transformation programs for Credit Suisse, including the build out of their multi-award winning Digital Private Bank in Asia Pacific. He also led innovation and fintech engagement for Credit Suisse detailing and executing on strategic opportunities to partner with Fintech players and building out a new data and analytics function to drive insights for the bank’s leaders on sales, risk, and operations. Gerald has also worked for McKinsey & Company leading large scale Performance Transformation programs; assisting clients to shape strategy and transformation programs, and to build and sustain the capabilities required to drive transformative change as they delivered on their strategy objectives. Gerald started his time in Asia following the Asian Financial crisis working with Ferrier Hodgson in Thailand, Singapore, Indonesia and China to negotiate and implement financial restructuring plans between banks and their clients, and managed companies through court appointed and voluntary administration processes. In his spare time, Gerald enjoys backcountry skiing, hiking and fly fishing in the mountains of New Zealand. Gerald is a keen cook, loves to read, travel and spend time with his wife and 2 daughters. Increasingly, Gerald is passionate to contribute to sustainability initiatives and how business can lead in building resilient and sustainable enterprise models.


Similar Blogs

Join the community and receive insights and analysis directly to your inbox.

Connect with an Expert
0 0 vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments