Social Impact
What is happening? Fintech company, ParagonEX, will move its trading servers to carbon-neutral hosting sites.
Why is this important? Listen to the CEO. Simon Duggan, ParagonEX’s CEO said: “We need to be socially responsible in our actions, both on the trading/customer-facing side and on the global responsibility side. One cannot ignore the fact that high electricity consumption has a detrimental effect on the environment, and companies must take responsibility for minimizing their carbon footprint.”
How will this be important? More companies in the new economy will be touting their ESG moves.
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