ESG IN

FINTECH
Name:- Mukul Kumar Sharma
Batch: - PGDMBM5CM/2125
Submitted To: - Dr. Priya Solomon
 ESG stands for Environmental, Social, and
Governance and is a set of standards for a
company's operations that focus on how it
affects the environmental, threat its people,
and is governed.
ESG

ESG standards have became more important

in the past few years, as away for investors
to measure a company's commitment to
sustainability, ethical practices, and
responsible governance and to assess the
associated risks and opportunity.
 FINTECH
• Fintech, short for Financial Technology, refers to the
use of technology to improve, automate, or provide
access to financial services. This includes everything
from mobile payments and online banking to
cryptocurrency and insurance. Fintech is driving
innovation in the financial services industry, making
it easier and more secure for customers to access
financial services and products.
WHAT IS THE LINKAGE IN ESG
IN FINTECH ?

Incorporation of E S G - focused approaches to

environmental, social, and finance are designed to Promoting gender and racial
governance factors into the address global sustain ability diversity, reducing carbon
management and operations challenges, promote social emissions, and increasing
o f financial technology responsibility, and foster financial inclusion.
companies. sound corporate governance.
 ISSUES WITH FINTECH
Lack of Indulgence - Consumers
have not been able to trust these
technological techniques up to this
point, and therefore steadfastly
adhere to only conservative habits.
Finding and Sharing Content - I'm
not even counting the Fintech
Giants, yet there are over 600
fintech start-ups in India alone. It
can be difficult to stand out from
the crowd and establish a
reputation.
Adoption - Adopting fintech is
difficult for all business types,
which could hurt their productivity.
It is challenging for an economy like
India's, where MSMEs dominate.
Paying through digital methods
might be challenging.
Data Security and Privacy Risk -
Data is the new oil, as we all know.
Due to the use of Big Data and the
virtual nature of Fintech, there is a
high danger of data theft, fraud,
and other security risks.
Uncertainty in Regulation -
Comprehensive regulatory
frameworks that can contain the
risks are necessary. Policies must be
created in order to reduce potential
dangers.
Lack of awareness - The majority of
Indians reside in cities, yet more
than 70% of the country's
population lives in villages. This
industry needs to raise awareness
in rural India