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Analyzing the Impact of ESG Integration and FinTech Innovations on Green Finance: A Comparative Case Studies Approach

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Abstract

This paper investigates the dynamic interplay between Environmental, Social, and Governance (ESG) principles and Financial Technology (FinTech) innovations within Green finance. Drawing insights from real-world case studies, including Eneco’s green bond issuance, Wealthsimple’s robo-advisory platform, IBM Food Trust’s blockchain-based supply chain finance, and Abundance Investment’s P2P lending for renewable energy, the study explores how organizations are integrating ESG considerations with FinTech solutions across diverse sectors. The findings reveal sector-specific impacts, commonalities, and challenges, emphasizing the potential for enhanced transparency, responsible investment practices, and positive societal outcomes. The study contributes to the evolving discourse on sustainable finance by offering actionable recommendations for practitioners, policymakers, and researchers seeking to navigate the complex convergence of ESG and FinTech for a more sustainable financial ecosystem.

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Acknowledgements

The author expresses his gratitude to IIM Shillong for providing him research environment to conduct this research.

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  1. Information Systems and Analytics, Indian Institute of Management, Umsawli, Shillong, 793018, Meghalaya, India

    Pradeep Kumar Dadabada

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Idea generation, collection of case studies information, analysis of cases, framework development, preparation of manuscript.

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Correspondence to Pradeep Kumar Dadabada.

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Dadabada, P.K. Analyzing the Impact of ESG Integration and FinTech Innovations on Green Finance: A Comparative Case Studies Approach. J Knowl Econ (2024). https://doi.org/10.1007/s13132-024-02197-0

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