South Pole is proud to collaborate with Hitachi Consulting on their global digital platform to accelerate sustainable financing. The platform, which uses blockchain, the internet of things (IoT) and artificial intelligence (AI), addresses the inefficiencies slowing investment in sustainable projects. The investment community, insurers and government institutions can use the platform for reporting and analytics, drawing together currently fragmented information.
Hanna Varttö, Practice Leader, Investments and Climate Change, South Pole, emphasised the urgent need to accelerate sustainable finance in order to reach global climate goals. "This is not possible without industry cross-cutting initiatives to increase transparency and improve risk metrics on climate impacts – an area our team at South Pole is committed to advance together with partners such as Hitachi. We're excited to continue our collaboration complementing Hitachi's technological prowess with robust advisory on green bonds and climate risks."