SAN FRANCISCO, California., Nov. 5, 2024 /PRNewswire/ —

The third annual ESGFinTech100 list, released today, highlights the leading tech firms empowering financial institutions to achieve their environmental, social, and governance (ESG) objectives.

The urgency for sustainability among financial institutions has surged over the past year, with regulations like the EU’s CSRD putting greater pressure on firms ESG-related compliance. Not only are governments putting emphasis on ESG regulations, but consumers are increasingly aligning with companies that reflect their values.

The importance of ESG FinTech solutions is further highlighted by its resilience amid a broader market downturn. While most areas of FinTech suffered a dry spell in funding during 2023, ESG FinTech investment remained relatively stable at $28.8bn.To support firms in navigating the growing demand for ESG-focused technology, the ESGFinTech100 identifies the top 100 tech innovators that every financial institution should know as they develop their ESG strategies.

A panel of industry experts and analysts meticulously reviewed over 500 ESG tech companies to pinpoint the leaders in the field. FinTech Global provided comprehensive data for the panel, which selected companies based on their innovative technology solutions addressing a significant industry challenge, as well as their contributions to ESG imperatives and sustainability improvements for clients. Richard Sachar, Director of FinTech Global, stated, “ESG-focused frameworks like CSRD are becoming more common around the world. Financial institutions face mounting requirements for ESG reports and alignment to sustainability targets.

“The ESGFinTech100 serves as a crucial resource for senior management, helping them identify the leading ESG tech companies. The detailed company profiles offer insights into their solutions, the challenges they address, their operational regions, and more. This guide is essential for any organization committed to achieving net-zero targets.”