SC Ventures, ENGIE Factory back conservation financing venture

The venture is expected to launch this year.

SC Ventures and ENGIE Factory have teamed up to invest in a venture that aims to fill the financing gap in conservation projects through carbon credits.

“Sustainability is part of our four high-conviction themes at SC Ventures — investing in conservation is not only a societal imperative but also a smart business decision,” SC Ventures CEO Alex Manson said in a statement.

SC Ventures is Standard Chartered’s innovation, fintech investment, and ventures arm, while ENGIE Factory is the startup studio of the ENGIE Group.

The parties will utilise technology in identifying and evaluating conservation projects globally, which will allow investments to come into these projects.

MORE LIKE THIS: Hong Kong and Shenzhen strengthen environmental collaboration

With its expected launch this year, the venture aims to address the planet’s urgent environmental challenges while delivering attractive returns for investors.

“The partnership with SC Ventures is an example of the power of collaboration to transform the future and drive positive change,” ENGIE Factory Managing Director Caroline Guyot, adding that the organisation is looking forward to sharing its expertise in high-quality carbon credits to unlock new investment opportunities.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

What is Lorem Ipsum?

What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Evergreen Group obtains financing license to expand in Malaysia