FinTech Magazine - May 2023 | Page 63

“ There will be a domino effect from nature and , in terms of biodiversity degradation , water scarcity , and obviously climate change itself in terms of the temperature rises ”
IBM

“ There will be a domino effect from nature and , in terms of biodiversity degradation , water scarcity , and obviously climate change itself in terms of the temperature rises ”

ADAM THOMPSON HEAD OF GLOBAL SUSTAINABLE FINANCE AND ESG , IBM CONSULTING
However , he points out that despite the advantages of the digital ecosystem , and the advances IBM Consulting has made , many challenges still exist because technology stacks aren ’ t standardised across the board . “ When you ’ re talking about other platform providers , we have alliances , but we also leverage their platforms . So , it will never be one size fits all .”
The future of sustainable finance Thompson is keen to emphasise that , despite the broad technocratic processes involved with implementation of ESG regulations , it is ultimately all about serving humanity more effectively , as well as preserving the environment .
“ First off , we already have goals in place that we don ’ t leave anybody behind – the 17 UN SDG ( sustainable development goals ) make that very clear .
“ For myself , I would like to see that we don ’ t just act as the torch-bearers , but we actually take more accountability than we do today , in terms of when we make financial investments , and that we ensure that it ’ s
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