Thumbs Up: O’Money and Ethics
auxmoney and Ethic are leveraging fintech innovation to integrate ESG factors to promote responsible financial decision-making and make significant progress in sustainability.
A frontrunner in financial inclusion, auxmoney operates Europe’s leading digital lending platform, with a cumulative transaction volume of around €6 billion by mid-2024.
Central to the company’s sustainability strategy is the issuance of social bonds, which aim to provide institutional investors with an attractive asset class that delivers social impact.
These bonds fund loans to underserved groups, including students, pensioners, low-income households, and the self-employed, among other borrowers who are often excluded from the traditional banking system. will help you.
auxmoney has issued four social bonds totaling €1.325 billion, contributing to the development of the European market for sustainable asset-backed securities.
auxmoney demonstrates the tangible social benefits of its lending activities, including improved financial health and resilience for borrowers, through transparent ESG reporting and a dedicated social bond report.
Additionally, the company’s commitment to reducing its carbon footprint through green energy initiatives and participation in the Düsseldorf Climate Agreement strengthens its focus on environmental sustainability.
Meanwhile, Ethics is revolutionizing sustainable investing by providing a personalized platform that aligns investors’ values and financial goals.
Its multi-asset portfolio allows wealth advisors to structure investments that prioritize environmental and social concerns.
A key innovation in 2023 was the launch of Ethic’s biodiversity and ecosystem investment solution, which integrates cutting-edge research to drive investments that support ecological sustainability.
Ethic’s platform also includes a proprietary data model that improves portfolio impact by approximately 15% compared to benchmarks, allowing clients to see the real-world impact of their investments.
Additionally, Ethic’s educational initiatives, including a new video studio and interactive portfolio reports, help advisors communicate the value of sustainable investing and foster deeper engagement with responsible financial practices.
Both companies demonstrate how fintech can drive sustainability, offering solutions that combine financial inclusion and environmental responsibility with cutting-edge technology.
