TEMPE, AZ – September 28, 2022 – Persefoni, a leading Climate Management & Accounting Platform (CMAP) for corporations, financial institutions, and government organizations, today announced that it has been named a top vendor in the ESGFinTech100 for 2022. Those standout companies selected for the honor were chosen by a panel of industry experts and analysts who reviewed a study of more than 500 ESG tech companies undertaken by FinTech Global, a data and research firm. The solution providers making the final list were recognized for their innovative use of technology to solve a significant industry problem, or their impact on ESG imperatives and/or sustainability enhancements generated for clients.
The pressure on financial institutions to adopt sustainability goals has increased rapidly during the last year driven by investor pressure, rising demand for ESG products by consumers, and the introduction of new regulations and reporting standards aimed to stamp out greenwashing in corporate disclosures.
As a result, the number of tech companies addressing challenges or opportunities faced by financial services organizations in the areas of climate risk, ESG assessment, sustainability, social responsibility, and governance has exploded during the previous year. Investment in the sector hit $1.17bn in 2021, growing at a CAGR of 173% during the past two years.
Given the huge rise in appetite for ESG tech solutions within financial services, the ESGFinTech100 was produced to identify the 100 most innovative tech companies every financial institution needs to know about as they consider and develop their ESG assessment and performance improvement strategies.
"It's an honor to be identified and featured by FinTech Global in its ESGFinTech100," said Persefoni CEO and Co-Founder Kentaro Kawamori. "From Forrester saying earlier this year that 'Persefoni is best for banks, asset managers, and large multinational companies in need of GHG accounting automation and financial reporting" to this latest recognition by FinTech Global, Persefoni continues to be honored by agnostic industry experts for its leading position in the Financial Services sector."
FinTech Global director Richard Sachar said, “Banks that adopt ESG across their business model will be better positioned to engage and retain clients over the coming years. This can turn into a competitive advantage – and a source of new revenue streams.”
"The ESGFinTech100 list helps senior management filter through all the solution providers in the market by highlighting the most innovative ESG tech companies in areas such as ESG Assessment & Reporting, Regulatory Change Management, ESG Intelligence & Data Analysis, Supply Chain Screening, and Banking & Investment products” he added.
A full list of the ESGFinTech100 can be found on their website. More detailed information about the companies is available to download for free on the website.
Persefoni’s Climate Management & Accounting Platform (CMAP) provides businesses, financial institutions, and governmental agencies the software fabric for managing their organization’s climate-related data and performance with the same level of confidence as their financial reporting systems. The company’s software solutions enable users to calculate their carbon footprint, perform climate trajectory modeling aligned to temperature rise scenarios set forth by the Paris agreement, and benchmark their impact by region, sector, or peer groups.
For more information about Persefoni, please visit https://www.persefoni.com/
About FinTech Global
FinTech Global is the world’s leading provider of FinTech information services, B2B media products, and industry events. We serve a network of over 300,000 FinTech professionals to provide them with essential business information and help them connect with potential investors, clients, and partners.
For more information about FinTech, please visit https://fintech.global/about/