FinTech Australia is ramping up its sustainability focus

FinTech Australia is launching a new event next month aimed at showcasing sustainability-focused fintech companies.

FinTech for Net Zero is a panel discussion on fintech’s role in managing the challenge of climate change.

It will be held at BDO’s office Sydney office at 1 Margaret St, in the CBD, from 4pm on Tuesday, March 12.

Several impact fintechs including Slyp, FootprintLab, Good for B and Clima will also pitch at the event, which is being backed by The Australian Trade and Investment Commission, StartUpBoottcamp and BDO.

FinTech Australia general manager Rehan D’Almeida said the organisation will also partner with Clima to offset any emissions associated with the event.

“FinTech has a fundamental role to plan in addressing climate change and other key environmental issues tied to it,” he said.

“Everything from reducing carbon in the finance industry, helping companies account for emissions through to interesting new funding mechanisms for tackling climate issues. We need to deploy every tool we have at our disposal to reach net zero. Fintech is an integral part of the solution.

“This event forms part of our broader push to raise the profile and awareness of fintech companies in the sector addressing climate and sustainability. It builds on the launch of our Positive Impact Finnie Award in 2023, and is a theme we will continue to champion into 2024.”

Slyp chief of staff Jude Blankfield said fintech is looking to shape a sustainable future as well as create financial innovation.

“FinTech for NetZero is a testament to our commitment to sustainability and a call to action for all FinTech stakeholders,” she said.

“Slyp is proud to be one of few fintech’s in Australia that has achieved their B-Corp certification, a significant milestone in our journey towards creating a positive impact. Our mission to become the most trusted digital receipt and loyalty standard in Australia has been fuelled by our long-term objective to reduce the environmental impact of the 10.6 billion paper receipts in circulation in Australia every year.”

Entries for the FinTech Australia Finnies awards are currently open. Details here.