AMPLYFI have been chosen to join a trade delegation of UK Fintechs to showcase groundbreaking ESG and Green finance solutions during New York Climate Week
The UK Department for International Trade (DIT), alongside the City of London Corporation, the Investment Association, and the Green Finance Institute, announced today that after a highly competitive recruitment process, 11 UK-headquartered FinTech companies specialising in ESG and sustainability were chosen to join a virtual trade delegation to New York Climate Week starting September 20th. The selected Fintechs have developed groundbreaking new products and services that are already helping companies, investors, consumers, and regulators around the world overcome key challenges in ESG adoption.
This trade mission comes at a critical moment as US financial services firms look to upgrade their capabilities, tools, and products to meet the growing demand for environmental, social, and governance conscious investment
strategies. One in 3 dollars invested in the US, or $17 trillion in AUM, already falls within an ESG or sustainability mandate and that number will only continue to rise. Outside of investment, the financial industry is also expected to play a key role in helping the world achieve net-zero, enabling climate action, and ensuring universal access to services, all of which can be aided by new technology.
Speaking about the mission, Kunal Khatri, Her Majesty’s Acting Trade Commissioner for the US said:
“The UK has been at the heart of global financial services innovation for decades, and as we lead up to the COP26 Summit in Glasgow, UK companies are poised to play an even greater part in driving ESG and sustainability across the financial industry. Fintech in particular will have a crucial role to play in achieving net-zero by spurring green innovation and expertise into sustainable investments, by providing companies with better tools to measure and mitigate their climate impact, and by giving consumers the information they need to make more informed decisions. The UK has world leading talent, technology and businesses with an enormous amount to offer to the US market we are excited to bring this delegation of cutting-edge technology firms to New York Climate Week.”
