ESG (Environmental, Social and Governance) in Payments - Thematic Intelligence
Summary
This report discusses the impact of ESG in the payments industry. It covers the different frameworks that are used by payment companies and financial institutions to adapt their businesses to ESG requirements. It also highlights the fact that the ESG sector does not have a global framework that can be used to standardize approaches to ESG and effectively compare companies’ ESG initiatives. The report also covers green bonds issued by financial institutions and payment providers to support the financing of ESG projects.
ESG is a growing trend that is affecting all industries, including the payments industry. The interest in the sector increased in recent years due to consumers’ and investors’ desire to see companies reflect their values. A growing number of companies have been recruiting in the sector in the past few years too. Through this approach, some companies have integrated ESG within their operations and are looking to make ESG part of their long-term strategies. Though still limited, some companies have fully dedicated ESG teams to integrate solutions and make operations more ESG-compliant, and also provide services to consumers to help them address their impact on the climate.
Scope
- In the past seven years, $10 billion was invested in ESG-related deals globally.
- Visa and Mastercard have both opted to tie executive compensation to ESG targets.
- JPMorgan Chase has a Sustainable Development Target of $2.5 trillion to facilitate and finance ESG projects over a 10-year period.
- Understand the different ESG frameworks currently available to companies.
- Understand the different approaches taken to integrate ESG within a company.
- Understand what is driving ESG adoption in the payments industry.
- Access case study insights on ESG adoption.
- Executive Summary
- GlobalData’s ESG Framework
- Environmental factors
- Social factors
- Governance factors
- Contributing factors and mitigating actions
- Trends
- Technology trends
- Macroeconomic trends
- Regulatory trends
- Industry Analysis
- Market size and growth forecasts
- Environment
- Social
- Governance
- Mergers and acquisitions
- Case studies
- Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) - ESGenome
- Visa - Eco Benefits
- Mastercard ties compensation to ESG goals
- JPMorgan Chase's $2.5 trillion sustainable development target
- Timeline
- Companies
- Sector Scorecards
- Payments sector scorecard
- Who’s who
- Thematic screen
- Valuation screen
- Risk screen
- Glossary
- Further Reading
- GlobalData reports
- Our thematic research methodology
- About GlobalData
- Contact Us
- List of Tables
- Table 1: Technology trends
- Table 2: Macroeconomic trends
- Table 3: Regulatory trends
- Table 4: Mergers and acquisitions
- Table 5: Companies
- Table 6: Glossary
- Table 7: GlobalData reports
- List of Figures
- Figure 1:GlobalData’s ESG framework
- Figure 2:Contributing factors and mitigating actions form part of our ESG framework
- Figure 3:ESG-related deals in the payments industry
- Figure 4:ESG-related jobs
- Figure 5:The ESG story
- Figure 6:Who does what in the payments space?
- Figure 7: Thematic screen
- Figure 8: Valuation screen
- Figure 9: Risk screen
- Figure 10: Our five-step approach for generating a sector scorecard
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