Defined by the World Economic Forum as any structured financial activity created to ensure a better environmental outcome , green finance – also known as sustainable finance or climate finance – is firmly in the spotlight as countries across the globe attempt to play their part in the fight against global warming .
Clearly , conversation was amplified by the Paris Agreement of 2015 , which reaffirms that developed nations should take the lead in providing financial assistance to those “ less endowed and more vulnerable ”.
From a business perspective , the pressure is on companies big and small to align financial activities with responsible practice and prioritise investments in environmentallyfriendly initiatives .
As CFO of IFS , a global leader in enterprise software development , Matthias Heiden is – needless to say – in tune with the green finance responsibilities of today .
“ Green finance promotes environmentally sustainable practices and investments ,” he says , offering up his own explanation .
“ In essence , it ’ s about integrating environmental considerations into financial decision-making processes , which aligns with our commitment to delivering value while contributing positively to the environment through innovative software solutions and responsible investments .”
Describing his ongoing work in the space , he adds : “ As a CFO , I support transformations like ESG reporting and the move toward green financing . I manage financial portfolios or investments in a manner that favours
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