In 2023, sustainability will be hard to ignore. There is greater awareness around the role of fintech in helping slow down climate change. Consumers are looking for new ways to live a more sustainable lifestyle and will expect businesses to do everything they can to support environmental practices. It’s up to us as business leaders to take control of the issue. Our customers are becoming more socially conscious, and we must empower them to be more involved in protecting the environment.

Being clear and transparent in communicating efforts and progress toward being a responsible company will be a top priority for all businesses. Provide data from credible sources and drive real action to avoid making misleading environmental claims. With the Australian Competition and Consumer Commission (ACCC) clamping down on misleading environmental claims, a legitimate ESG strategy is needed to ensure that climate-related obligations are top of mind.

Source: Forbes