Issues related to financial services, green and sustainable finance are getting more and more attention thanks to policies, regulations, market forces and the actions taken by the United Nations and the European Commission.
Issues related to financial services, green and sustainable finance, which were discussed on 27 January this year at a conference entitled “ Future of sustainable finance. Digital Strategy and Initiatives in Luxembourg & Poland”, held at the Embassy of Luxemburg, are getting more and more attention thanks to policies, regulations, market forces and the actions taken by the United Nations and the European Commission.
This conference is organised by the Luxembourgish Embassy in Poland in close cooperation with the Luxembourg Poland Chamber of Commerce, the Polish Embassy in Luxembourg and Poland Luxembourg Chamber of Commerce from Poland. ProService Finteco was a partner of the event
The conference took place in the presence and under the Honorary Patronage of the Minister of Finance of Luxembourg, Mrs Yuriko Backes, and the Minister of Finance of Poland, Mrs Magdalena Rzeczkowska .
In September 2019, on the occasion of the upcoming 5th anniversary of the adoption of the Sustainable Development Goals (SDGs), the United Nations (UN) General Assembly declared 2020-2030 as the “Decade of Action for the Sustainable Development Goals”. The UN called on states and multinational corporations to accelerate sustainable solutions to all of the world’s biggest challenges – from poverty, inequality, closing the financial gap to climate change. Undoubtedly, one of the important elements enabling the SDG goals will be technological and digital transformation, which, among other things, can prevent global warming. Also not insignificant is the European Commission’s September 2020 Digital Finance Package, including the Digital Finance Strategy and legislative proposals on cryptoassets and digital resilience, for a competitive EU financial sector that provides consumers with access to innovative financial products.
“Already a few years ago, we at ProService Finteco realized that financial services integrating environmental, social and governance (ESG) criteria into business or investment decisions is the future, and it has become a reality. For corporations, ESG reporting will be one of the key challenges, along with digitizing data flows and providing competent staff for financial markets. Undoubtedly, we see ESG as the driving force behind our organization’s activities, and we are confident that the measures we have taken in the areas of environmental, social, labor and corporate policies, and above all, the alignment of our products and services with the needs of the market and our clients, will allow us to create value in our company in a sustainable manner. Using financial and non-financial information, we want to build long-term business strategies, mitigate risks and discover new opportunities, while making a positive impact on the environment and society” – said Pawel Sujecki, CEO of ProService Finteco.