Dec 13, 2023
Frigg Secures 2nd Place in HKMA’s Pioneering Green Fintech Competition
Frigg, a Swiss-based pioneer in sustainable finance technology, proudly announces its remarkable achievement of securing the 2nd place in the Hong Kong Monetary Authority (HKMA) Green Fintech Competition, held as part of the Green and Sustainable Banking Conference on December 11, 2023.
This prestigious event, which convened around 400 experts from banks, technology firms, regulatory authorities, and academia, focused on accelerating the net-zero transition through innovative technology.
The HKMA Green Fintech Competition, a highlight of the conference, sought market-ready solutions in areas such as Net-zero Transition, Climate Risk Management, Green and Sustainable Finance, and Sustainability or Climate-related Disclosure and Reporting. Frigg, among more than 70 companies, showcased its advanced solutions, which include blockchain-based systems for ESG data reporting and analysis, and AI-powered tools for physical risk assessment.
Mr. Arthur Yuen, Deputy Chief Executive of the HKMA, emphasized the urgency of the transition to net-zero and the central role banks play in achieving climate goals. The conference aimed to equip banks with the latest technological knowledge to effectively direct capital towards sustainable transition efforts.
Frigg’s participation in the Green Fintech Competition and the Green and Sustainable Banking Conference underscores its dedication to advancing green finance and contributing to global climate goals. The company’s innovative approach in sustainable finance, which includes AI and IoT technologies for due diligence and real-time performance monitoring, aligns perfectly with the conference’s objective of fostering low-carbon technology and green fintech.
“Frigg is honoured to be awarded 2nd place and to be part of this important conversation on the future of sustainable banking and finance. Our participation in the HKMA Green Fintech Competition and the conference is a testament to our commitment to supporting the net-zero transition with cutting-edge technological solutions.”
Philip Berntsen, Founder and CEO of Frigg
Frigg continues to establish itself as a leader in sustainable finance, bridging the gap between technological innovation and financial practices to create a more sustainable and efficient financial future.
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