Le Figaro features Wangari Global on sustainable finance and causal AI
Le Figaro features Wangari Global on sustainable finance and causal AI
Le Figaro profiled Wangari Global in its financial performance supplement, highlighting how the company applies causal inference — including Granger causality and Naive Bayes classification — to model the relationship between ESG indicators and financial performance for institutional clients.
Le Figaro profiled Wangari Global in its financial performance supplement, highlighting how the company applies causal inference — including Granger causality and Naive Bayes classification — to model the relationship between ESG indicators and financial performance for institutional clients.
In March 2025, Le Figaro's financial performance supplement profiled Wangari Global as part of a broader feature on companies redefining the relationship between financial performance and sustainability. The article, published under the heading Performance Financière, presented Wangari Global as a young fintech startup applying big data and machine learning to model the financial impact of ESG indicators for banks, hedge funds, and large industrial clients.
The feature centred on a core argument that Ari Joury, founder and CEO, has made consistently: that sustainable commitments are not only costs — they are opportunities for mutual gain, for companies, investors, and the planet alike. The article noted that despite the analytical sophistication now available to financial institutions, most banks and hedge funds rarely examine the connection between ESG indicators and financial performance directly.
Wangari Global's methodology, as described in the feature, draws on causal inference techniques including Granger causality testing and Naive Bayes classification — approaches rooted in Joury's background in particle physics. One client case highlighted in the article involved a construction sector company operating in Ghana, where Wangari's analysis identified that the company's road-building processes were a direct cause of excess fuel consumption — and pointed toward a more efficient alternative.
"We are trying to describe the phenomena that lead to more or less performance," Joury told Le Figaro. "This causal research gives us material to tell a story — and it is always more convincing."
The feature positions Wangari Global at the intersection of quantitative rigour and sustainability strategy, at a moment when both regulatory pressure and investor expectations are converging on the same demand: evidence, not assertion.
In March 2025, Le Figaro's financial performance supplement profiled Wangari Global as part of a broader feature on companies redefining the relationship between financial performance and sustainability. The article, published under the heading Performance Financière, presented Wangari Global as a young fintech startup applying big data and machine learning to model the financial impact of ESG indicators for banks, hedge funds, and large industrial clients.
The feature centred on a core argument that Ari Joury, founder and CEO, has made consistently: that sustainable commitments are not only costs — they are opportunities for mutual gain, for companies, investors, and the planet alike. The article noted that despite the analytical sophistication now available to financial institutions, most banks and hedge funds rarely examine the connection between ESG indicators and financial performance directly.
Wangari Global's methodology, as described in the feature, draws on causal inference techniques including Granger causality testing and Naive Bayes classification — approaches rooted in Joury's background in particle physics. One client case highlighted in the article involved a construction sector company operating in Ghana, where Wangari's analysis identified that the company's road-building processes were a direct cause of excess fuel consumption — and pointed toward a more efficient alternative.
"We are trying to describe the phenomena that lead to more or less performance," Joury told Le Figaro. "This causal research gives us material to tell a story — and it is always more convincing."
The feature positions Wangari Global at the intersection of quantitative rigour and sustainability strategy, at a moment when both regulatory pressure and investor expectations are converging on the same demand: evidence, not assertion.