Digital lending and payment provider WLTH and Parley for the Oceans, a new form of environmental organisation, announce a five-year partnership to empower customers with an innovative lending solution that offers an everyday way to protect the oceans and support the movement to end marine plastic pollution across Australia.
WLTH is collaborating with Parley for the Oceans to develop and deliver simple mechanics to its customers to aid in the protection of Australia’s treasured reefs and coastlines from the threats of plastic pollution.
Aimed at a new generations of banking customers who are driven by authentic, impactful commitments to environmental responsibility, WLTH and Parley for the Oceans will deliver an eco-innovative suite of products and services over the next five years.
Scheduled for release in Q4 2021, WLTH will introduce the Convego® Parley Ocean Card developed with Giesecke+Devrient (G+D). The innovative new payment card, made of Parley Ocean Plastic® created from intercepted and upcycled marine plastic waste, will empower cardholders with an everyday tool to take action for the oceans.
Founder and CEO of Parley for the Oceans, Cyrill Gutsch said: “To end plastic pollution and the environmental crises behind it, we need to align our economic system with the ecosystem we all depend on: the oceans. Everyone has the power to demand change and take action to help create it, but it’s on industry leaders to own the responsibility of bringing new and better options into reality. The keys are collaboration and eco-innovation. This Convego® Parley Ocean Card and the alliance behind it represent the future we have the opportunity to create, and the role leaders of financial technology can play in shaping it.”
The dynamic partnership with WLTH gives Parley for the Oceans a new platform to scale its global mission to intercept plastic from beaches and coastlines while educating communities throughout Australia. Together, WLTH and Parley for the Oceans are re-imagining the future of lending and its social impact, creating a practical solution for customers to actively address today’s major ocean threats.
Co-founder of WLTH, Drew Haupt commented: “With sustainability in our core DNA, we have partnered with Parley for the Oceans and G+D to launch the first recycled ocean plastic cards in Australia. Not only is it an honor to be one of the first fintech doing so, but it’s also a goal we’ve been aspiring to achieve since the planning phase of building WLTH.”
“As a business, we want to make a difference to the environment and the world around us, and through this partnership, we will be fighting against the growing threat of marine plastic pollution, as well as protecting the oceans and waterways, that are such a huge part of the Australian lifestyle.”
Out of the gate, WLTH will contribute proceeds to Parley for the Oceans with every new user who activates a WLTH Pay account. WLTH will include additional mechanics such as round-up features, plastic off-setting options, and will host events and customer expeditions with Parley for the Oceans throughout the year to raise awareness for the beauty and fragility of the oceans.
WLTH’s commitment to support Parley for the Oceans includes allocating contributions for every home loan towards Parley for the Oceans’ Australian Clean-up Efforts to support intercepting plastic from beaches and coastlines from around the country.
Global Head of Sales and Distribution at G+D, Dr Carsten Wengel added: “Consumers are looking for new ways to a more sustainable lifestyle. That’s why we offer banks our ecologically eco-innovative payment cards. They remind consumers every day of their own and their bank’s environmental commitment to protecting the planet.”
Investment legend Charlie Munger, renowned for his wisdom and influence in the world of finance, has passed away at the age of 99.
The news of his death has prompted an outpouring of tributes from business leaders, investors, and admirers around the globe.
Munger, best known as Warren Buffett’s right-hand man and vice chairman of Berkshire Hathaway, leaves behind a legacy of unparalleled success and a treasure trove of investment insights. His timeless wisdom on value investing, rational decision-making, and the importance of lifelong learning has inspired countless individuals in their pursuit of financial excellence.
Notable figures like Warren Buffett, Bill Gates, and Elon Musk have expressed their deep sorrow at Munger’s passing. Buffett, his close friend and business partner, referred to Munger as his “partner in all things important” and praised his unparalleled intellect and integrity.
As the world mourns the loss of this investment sage, many are left wondering about the future of Berkshire Hathaway and the investment world as a whole. Munger’s legacy is sure to endure, but how will his absence impact the strategies and decisions of those who looked up to him for guidance?
“Charlie Munger was a legendary figure in the investment community,” said Brian Moynihan, the CEO of Bank of America, adding that “there are many who benefited greatly from his wisdom”.
Biotech breakthrough has Pancreatic Cancer in its sights with new treatments
Pancreatic Cancer, ranking as the third leading cause of cancer-related deaths in Australia, grapples with a disheartening 11.5% survival rate—one of the lowest among malignancies. Compounding the issue, late-stage diagnosis and a lack of awareness regarding early signs and symptoms contribute to the grim prognosis. The available treatment options for pancreatic cancer are not only limited but also exhibit a worrying lack of efficacy.
However, a ray of hope emerges from groundbreaking biotechnological advancements that have recently surfaced. These innovations offer the potential to eradicate cancer with minimal side effects, marking a significant stride in the quest for more effective treatments.
As the world observes November as World Pancreatic Cancer Awareness Month, the spotlight falls on Johnny Quattro from VentureCrowd. He shares insights into EnGeneIC’s latest success, shedding light on the strides being made in the realm of biotechnology to combat pancreatic cancer. This promising development underscores the importance of raising awareness, fostering early detection, and advancing cutting-edge treatments to improve the outlook for those affected by this formidable disease.
Industrial sustainability is evolving, as businesses in this sector actively seek environmentally conscious solutions to reduce their ecological footprint. From adopting renewable energy sources to implementing waste reduction measures, companies are reshaping their practices to align with global sustainability goals.
In the pursuit of industrial sustainability, businesses are integrating green technologies, embracing circular economies, and prioritising ethical supply chain management. These efforts not only benefit the environment but also position companies as responsible corporate citizens, appealing to a growing environmentally conscious consumer base.
Carlos Urbano, Vice President of Industry, Pacific Zone at Schneider Electric, tells us more about green technologies.
Schneider Electric is at the forefront of the digital transformation of energy management and automation.
