Fintech to Support Agricultural Sustainability
Fintech broadens the prospect of agriculture by refurbishing farming practices with smart and extensive funding aids.
Source: www.bankingciooutlook.com
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As a core component of the wider EU Sustainable Finance Action Plan which aims to channel capital flows towards sustainable investment while managing financial risks, the EU Taxonomy heralds a new era for the sustainable investment landscape. In its simplest terms, the Taxonomy Regulation is a classification tool to determine whether an economic activity is environmentally sustainable. It helps investors, companies and policy makers to make more informed decisions by identifying activities that are deemed to make substantial contributions to environmental objectives and thereby help to finance the transition to a more sustainable economy.
Pembroke VCT invests in premium sustainable paint company COAT
Pembroke VCT, the venture capital trust focused on building the brands of tomorrow, has made an initial investment into COAT, the high-grade, sustainable paint company. COAT, which has been carbon-neutral since launch, is revolutionising the home decorating experience by redefining the customer experience of purchasing paint. Founded by Rob Abrahams and Rob Green in 2020, COAT was launched to address the negative aspects associated with the $90bn legacy paint industry and meet the needs of a more contemporary consumer by focusing on quality, sustainability and customer experience. Taking advantage of the founders’ combined experience in the paint industry and consumer marketing business, COAT offers a range of hand-made-to-order paints with free next-day delivery.
Porsche just set an EV world record – and it highlights a big charging issue
The Porsche Taycan has set a new Guinness World Record, with a cross-country drive seeing the EV go from coast to coast in the US with under 2.5 hours of charging stops along the way. It’s a sign of how far public electric vehicle infrastructure has come on in recent years, though also a reminder that there’s more to EV ownership than simply where you can plug in. The route itself was straightforward: from Los Angeles, CA all the way to New York City, NY on November 12, 2021. In total, the Taycan drove 2,834.5 miles, Porsche says, with driver Wayne Gerdes pausing at 18 different charging locations for a cumulative total of 2 hours, 26 minutes, and 48 seconds. That’s an average of around 157 miles per charging session. The previous record stood at 7 hours, 10 minutes, and 1 second.
MIT researchers discover ‘anti-aging molecule’ that can heal DNA lesions linked with Alzheimer’s | Daily
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The Soil Health Institute is launching “Healthy Soils for Sustainable Cotton,” to help U.S. cotton farmers improve cotton sustainability.