Highly recommended: auxmoney and ethics
auxmoney and Ethic are making notable strides in sustainability, leveraging fintech innovations to integrate ESG factors and promote responsible financial decision-making.
auxmoney, a leader in financial inclusion, operates a leading digital lending platform in Europe, with a cumulative volume of approximately €6 billion by mid-2024.
At the heart of its sustainability strategy is the issuance of social bonds, designed to offer institutional investors an attractive asset class that has a social impact.
These bonds help fund loans for underserved groups such as students, retirees, low-income households and the self-employed, borrowers often excluded from traditional banking systems.
auxmoney has issued four social bonds, for a total amount of 1.325 billion euros, contributing to the development of the European sustainable asset-backed securities market.
With transparent ESG reporting and a dedicated Social Bond Report, auxmoney demonstrates the tangible social benefits of its lending activities, such as improving the financial health and resilience of borrowers.
Additionally, the company’s commitment to reducing its carbon footprint through green energy initiatives and participation in the Düsseldorf Climate Pact reinforces its focus on environmental sustainability.
Ethic, for its part, revolutionizes sustainable investing by offering a personalized platform that aligns investors’ values with their financial goals.
Its multi-asset portfolios enable wealth advisors to construct investments that prioritize environmental and social concerns.
A key innovation in 2023 was the launch of Ethic’s Biodiversity and Ecosystems investment solution, which integrates cutting-edge research to promote investments that support ecological sustainability.
Ethic’s platform also includes proprietary data models that improve portfolio impact by approximately 15% compared to benchmarks, allowing clients to see the real effects of their investments.
Additionally, Ethic’s educational initiatives, such as its new video studio and interactive portfolio reports, help advisors communicate the value of sustainable investing, fostering a deeper commitment to responsible financial practices.
Both companies exemplify how fintech can drive sustainable development, providing solutions that combine financial inclusion and environmental responsibility with cutting-edge technology.
