ESG in Action: The Role of Fintech Companies in Belgium’s Sustainable Financial Future
2025 ESG in Action Report
Press Release
Belgium’s Fintech Sector Leads the Charge in ESG Innovation
Brussels, February 12, 2025 – A new report by FinTech Belgium and Accenture highlights the rapid evolution of ESG (Environmental, Social, and Governance) integration within the Belgian fintech sector, positioning the region as a key driver of sustainable finance solutions. Drawing on insights from extensive research, industry collaborations, and executive discussions, the report provides a comprehensive overview of how fintech firms are addressing ESG challenges and leveraging regulatory frameworks to drive positive impact.
Key findings reveal that Europe’s proactive stance on ESG regulation, exemplified by frameworks such as CSRD and CSDDD, has cemented the region’s leadership in setting global sustainability standards. This regulatory momentum mirrors the influence of GDPR in shaping data privacy norms.
The fintech boom and rise of ESG-focused solutions
The number of fintech firms offering ESG-driven services in Belgium has grown significantly in recent years, with projections indicating continued expansion. Data & analytics and RegTech (Regulatory Technology) solutions are at the forefront of this growth, helping financial institutions navigate complex compliance landscapes and unlock new opportunities for ESG-driven value creation.
Belgian fintech firms are also actively fostering collaboration with traditional financial institutions, amplifying the impact of ESG initiatives. By working together, these entities can drive broader industry-wide sustainability efforts and accelerate ESG advancements.
Niche ESG expertise and social responsibility in fintech
Another notable trend is the rise of fintech companies specializing in targeted ESG challenges. These firms offer highly tailored solutions that support financial institutions and corporations in meeting compliance requirements and implementing sustainable business models.
In addition to compliance, fintech firms in Belgium are placing greater emphasis on social and governance aspects of ESG, particularly by assessing their impact on clients and communities. These initiatives provide a clearer and more measurable pathway for companies to advance sustainability goals beyond environmental concerns.
Collaboration as the key to sustainable finance progress
Achieving sustainable finance objectives requires robust collaboration across the ecosystem. Fintech firms play a critical role as facilitators, bridging the gap between financial institutions, policymakers, and technology providers. By enabling scalable, data-driven ESG solutions, fintechs are accelerating the financial sector’s ability to meet regulatory demands while fostering impactful innovation.
This report underscores how Belgium’s fintech sector is not only adapting to ESG regulations but is also leading in the development of solutions that make compliance more efficient and effective. By leveraging regulatory technology, data analytics, and strategic partnerships, fintech firms are transforming ESG from a challenge into a growth opportunity.
The report serves as a crucial benchmark for industry stakeholders seeking to navigate the evolving ESG landscape, offering actionable insights and best practices for sustainable finance innovation.
About FinTech Belgium
FinTech Belgium asbl/vzw is the independent federation by and for Fintechs active in Belgium. Created in 2015, our grassroot non-profit organisation is also the first and largest community of FinTechers in Belgium, gathering financial professionals, startup entrepreneurs and investors, who are interested in discovering and discussing disruptive business models and new technology, for the financial services industry.
Our mission is threefold: to promote fintechs, be their SPOC for regulators and other parties, and share information and best practices for Fintech, RegTech, PayTech, Insurtech, Wealthtech, … In other words, make the magic happen!
For more info: www.fintechbelgium.be
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy & Consulting, Technology, and Operations services. With a deep understanding of ESG principles and financial services, Accenture helps fintech firms and institutions navigate regulatory challenges, drive sustainable transformation, and create long-term value. Our team’s expertise in innovation and data-driven solutions enables us to empower businesses in shaping a more sustainable and responsible financial ecosystem.
For more info: www.accenture.com.be