Dive-in to understand the impact of FinTech on Environmental, Social, and Governance
ESG:
1. ESG stands for ==Environmental, Social, and Governance ==, and it is a set of standards that companies are expected to adhere to in order to promote sustainability, social responsibility, and good corporate governance.
2. Environmental factors include things like carbon emissions, resource use, and waste management. Social factors can include things like employee treatment, diversity and inclusion, and community engagement. Governance factors are related to a company's leadership structure, ethics, and accountability.
3. ESG is becoming increasingly important in the business world, as investors and consumers alike are looking for companies that prioritize sustainability and social responsibility. By adopting ESG standards, companies can not only improve their impact on the environment and society, but also potentially boost their financial performance over the long term.
Fintech:
1.Fintech is short for Financial Technology , and it refers to the use of technology to provide financial services and products.
2.Fintech companies can range from startups to established financial institutions, and their offerings can include things like mobile banking, payment processing, investment management, and insurance.
3.Fintech is changing the financial industry in many ways, by making financial services more accessible, convenient, and efficient. Fintech can also help reduce costs and improve transparency in financial transactions.
4.Fintech is also driving innovation in areas like blockchain, artificial intelligence, and machine learning, which have the potential to transform the financial industry even further in the years to come.
About
Hi there! I'm Saharsh Krishna , a senior at Northview High School in Johns Creek, Georgia. Growing up, I had always been interested in making a positive impact in the world. However, it was not until I had my own personal experience that I truly felt the need to take action. The COVID-19 pandemic had a significant impact on the world, and I saw firsthand how it affected lives across the globe. In particular, the supply chain disruptions and economic impacts were felt acutely by the artisans and craftsmen in my hometown.
I remember visiting the local market where these artisans sold their handmade products and seeing the empty stalls and closed shops. It was heartbreaking to see the direct impact that the pandemic had on their livelihoods and the skills that had been passed down for generations. I realized that these artisans were just one example of how economic disruption can have far-reaching consequences, and I knew that I had to do something to help.It was at this moment that I had my 'aha' moment. I realized that there was an opportunity to use fintech and ESG principles to help support these artisans and promote sustainable development. By leveraging technology and innovation, we could help these artisans connect with a wider market and promote sustainable business practices that would help them weather the economic storm. I was determined to take action and create a positive impact in their lives.As I started researching, I found that many young professionals and entrepreneurs shared my passion for creating positive change and making a difference. I knew that there was an opportunity to bring together these like-minded individuals and create something truly impactful. This led me to develop a mission-driven project that focuses on promoting impact investing and sustainable investing practices among young professionals and entrepreneurs. By doing so, we can help support artisans and other communities that have been affected by economic disruption, while also creating lasting change in the world.In addition to my research project, I have started a podcast called "ESG Fintech" and a LinkedIn Group [Sustainable Impact Network]((https://www.linkedin.com/groups/14200471/) where I bring on students, professors, and working professionals in the ESG and FinTech space to share their experiences and insights. My goal is to learn and share my findings with others and ultimately build a community of like-minded individuals who use technology for a sustainable green future.
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