Greenomy helps companies and financial institutions comply with EU sustainable finance regulations by digitalizing the data capturing and reporting process. Greenomy integrates various green taxonomies to offer a one-stop solution for global operations. Euroclear, a provider of post-trade services, partners with Greenomy to bridge gaps between standards and help economies transition to sustainability. Together, Greenomy and Euroclear aim to create a new global market infrastructure to support issuers and institutions in sustainability strategies.
This study from the Ponemon Institute and Accenture reviews the economic impact of cyber attacks in financial services and shares insights on the security investments that make a difference in financial services. Read our Cost of Cyber Crime blog series, which takes a closer look at the results: https://accntu.re/2GrL8El
This document summarizes a webinar on powering ESG ambitions through data. It discusses how ESG reporting is challenging due to different standards and data sources, but that a targeted data strategy can help. It recommends starting with cataloging ESG data, selecting key stakeholder dimensions, targeting a maturity level, building a data sandbox, and creating a community of practice to embark on an ESG journey through data. The webinar emphasizes that ESG is both urgent and important given regulatory demands, consumer expectations, and how financial markets are increasingly considering ESG metrics.
ESG and sustainability investing has become a major trend in the financial industry. Over $35 trillion is now invested according to sustainable investing strategies, representing one third of total assets under management globally. Major asset managers like BlackRock and banks like Nordea are increasingly integrating ESG factors into their investment decisions and excluding companies deemed unsustainable. Regulators are also supporting this shift through new rules requiring companies to report on their sustainability impacts and human rights due diligence practices.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
Risk management is important for public sector organizations to address uncertainties and help achieve objectives. There are challenges like balancing priorities across different services with increased public involvement. A successful risk management program looks at operational, strategic, corporate and performance aspects holistically. It is important to distinguish between operational risks affecting short term goals and strategic risks impacting long term objectives.
A tour of the global ESG standards landscape, 100 days out from COP26, explaining how Inline XBRL, a building block approach to international standards consistency, and independent review of coming mandatory ESG disclosures will change reporting. Presented to the Taiwan Stock Exchange 21 July 2021.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
This study from the Ponemon Institute and Accenture reviews the economic impact of cyber attacks in financial services and shares insights on the security investments that make a difference in financial services. Read our Cost of Cyber Crime blog series, which takes a closer look at the results: https://accntu.re/2GrL8El
This document summarizes a webinar on powering ESG ambitions through data. It discusses how ESG reporting is challenging due to different standards and data sources, but that a targeted data strategy can help. It recommends starting with cataloging ESG data, selecting key stakeholder dimensions, targeting a maturity level, building a data sandbox, and creating a community of practice to embark on an ESG journey through data. The webinar emphasizes that ESG is both urgent and important given regulatory demands, consumer expectations, and how financial markets are increasingly considering ESG metrics.
ESG and sustainability investing has become a major trend in the financial industry. Over $35 trillion is now invested according to sustainable investing strategies, representing one third of total assets under management globally. Major asset managers like BlackRock and banks like Nordea are increasingly integrating ESG factors into their investment decisions and excluding companies deemed unsustainable. Regulators are also supporting this shift through new rules requiring companies to report on their sustainability impacts and human rights due diligence practices.
NL:
ESG Routekaart.
De dwingende uitdaging waarvoor wij staan op het gebied van milieu is, om met zijn allen de beweging in gang te zetten om de gemiddelde opwarming van de aarde tot 1,5 graden te beperken. Sommige belanghebbenden, gouvernementele organisaties en banken, vragen regelmatig om verbetering en het aanscherpen van de Europese wetgeving met betrekking tot het klimaat. De EU zou tegen 2050 een totale reductie van de binnenlandse emissies van 80% moeten realiseren. Door een eenduidig stappenplan te borgen, is een concrete stap naar verduurzamen. Denk daarbij aan de interne- en externe belanghebbenden te betrekken voor de implementatie van initiatieven om CO2-emissies te verminderen, of een stap verder zou zijn, om de emissies te compenseren. De Routekaart beschrijft aan de hand van analyses, en sector specifieke KPI’s, modellen hoe dit beleid goed zou kunnen worden geborgd in een Environmental Socio-Economic Governance beleid. De Routekaart biedt op de lange termijn een kosten efficiënt pad naar een schonere, klimaatvriendelijke bedrijf.
Short biography of the presenter; Ginio Franker, September 1966, Suriname.
Position Learning and Development NLP-trainer & Transpersoonlijke coach + Climate Leader trained by Al Gore. "A Moral Call to Climate Change" + "Environmental Justice".
Website www.greandream.com.
EN:
ESG-ROADMAP
With the effects of climate change already upon us, the need to cut global greenhouse gas emissions is nothing less than urgent. It’s a daunting challenge, but the technologies and strategies to meet it exist today. A small set of ESG policies, designed and implemented well, can put us on the path to a low carbon future. ESG Key Performance Indicators are complex, so they must be sector specific, focused and cost-effective. One-size-fits-all approaches simply won’t get the job done. Sustainability managers need a clear, comprehensive resource that outlines the ESG policies that will have the biggest impact on our climate future, and describes how to implement these policies well within their own organisations.
We don’t need to wait for new technologies or strategies to create a low carbon future—and we can’t afford to. ESG-ROADMAP gives professionals the tools they need to select, design, and implement the policies that can put us on the path to a livable climate future.
The Environmental Social Governance challenges e.g: on regulatory and reputational risks, market scandals and new market opportunities makes ESG information a data source of growing importance. With ESG in company seminars, round table discussions, scholarships and online association programs, we leave no one behind. Sign up today. Zentrepreneur Environmental Social Governance Associates Training. (ZESGA).
contact@esgwatch.eu
+32485773608 BE
+31630092220 NL
Risk management is important for public sector organizations to address uncertainties and help achieve objectives. There are challenges like balancing priorities across different services with increased public involvement. A successful risk management program looks at operational, strategic, corporate and performance aspects holistically. It is important to distinguish between operational risks affecting short term goals and strategic risks impacting long term objectives.
A tour of the global ESG standards landscape, 100 days out from COP26, explaining how Inline XBRL, a building block approach to international standards consistency, and independent review of coming mandatory ESG disclosures will change reporting. Presented to the Taiwan Stock Exchange 21 July 2021.
The document provides guidance for companies listed on Nasdaq Nordic exchanges on reporting environmental, social and governance (ESG) metrics. It recommends a set of 11 ESG metrics that are most material for investors based on their prevalence in reporting frameworks, potential to impact company performance, and practicality for companies to report. The suggested metrics cover topics like greenhouse gas emissions, energy use, water and waste management, diversity and pay equity, and business ethics. Companies are encouraged to publicly report on these metrics and engage with stakeholders to improve access to capital, profitability, risk management and reputation. Overall the guidance aims to help companies meet growing investor demand for ESG data and contribute to sustainable development.
The document discusses emerging issues around environmental, social, and governance (ESG) reporting and standards. It provides an overview of key frameworks for ESG reporting like the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Global Reporting Initiative (GRI). It also outlines recent developments that aim to establish a comprehensive global system for ESG reporting, including the International Sustainability Standards Board (ISSB) and European Union's Corporate Sustainability Reporting Directive. The accounting profession has an important role to play in the implementation of ESG standards and providing assurance on ESG reports.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
Workshop on Metrics for Climate Transition - PPT Joeri RogeljOECD Environment
The document discusses the need to keep net-zero targets for climate action realistic and avoid greenwashing. It notes that current climate policies and promises are not on track to meet goals like limiting warming to 1.5C. It emphasizes the importance of setting net-zero targets that clearly define their scope in terms of greenhouse gases covered and timeframe, are fair and adequate, and include a long-term roadmap. Financial institutions are urged to set rigorous, transparent targets with measurable near-term progress and consider broader sustainability issues beyond just climate. While diversity in pathways is important, current projections give less than 50% odds of effectively limiting warming to 1.5C.
The Global Reporting Initiative (GRI) provides sustainability reporting guidelines that are voluntarily adopted by organizations worldwide. The number of organizations publishing GRI-based reports has grown significantly since 1999. The G3 Guidelines, released in 2006, feature streamlined performance indicators and disclosures to improve comparability across reports. The GRI framework includes sector supplements and national annexes to address specific reporting needs. Organizations are encouraged to use the GRI Guidelines and provide feedback to help further develop the reporting standards.
The document discusses an energy company's efforts to reduce emissions and enable the transition to a lower carbon future. It outlines the company's commitment to achieving net zero emissions by 2040 for Scope 1 and 2 emissions. It also details various initiatives to reduce methane leaks from pipelines and other infrastructure, increase the efficiency of compressor stations, and ensure assets are ready to transport hydrogen and other renewable gases. The company is working with suppliers and international partners to reduce Scope 3 emissions and promote decarbonization across its value chain.
The SEC has proposed new rules to standardize and enhance climate-related disclosures for public companies. Key elements of the proposal include:
- Requiring governance, strategy, risk management, and targets disclosures around climate-related issues.
- Mandating financial statement metrics on the impact of severe weather events and the transition to a lower-carbon economy if such impacts exceed 1% of the relevant line item.
- Specifying greenhouse gas emissions disclosure of Scope 1, 2 and material Scope 3 emissions over time, starting with limited assurance and progressing to reasonable assurance.
- Placing most climate disclosures in a new section before the Management Discussion and Analysis rather than within the financial statements themselves. A
Workshop on Metrics for Climate Transition - PPT Claire FysonOECD Environment
The document discusses Climate Action Tracker's (CAT) methodology for rating countries' climate action and policies. CAT rates countries based on their emissions reductions targets and policies to date, and whether they are sufficient to limit warming to 1.5°C. CAT also considers what would constitute a fair contribution for each country based on factors like responsibility and capability. CAT provides modelled pathways to 1.5°C warming at national levels, and benchmarks to track sectoral progress in countries.
This document outlines Ujjivan Small Finance Bank's approach to strengthening environmental, social and governance (ESG) integration. It details the key activities the bank has undertaken, including a materiality assessment, benchmarking against peers, and assessments against the Dow Jones Sustainability Index and EY's Sustainable by Design framework. It establishes six pillars for the bank's ESG framework: sustainable operations, empowering communities, responsible finance, customer centricity, human capital, and effective governance. Under each pillar, focus areas and goals are defined for the short, medium and long term to guide the bank's sustainability strategy and reporting.
Drive Successful ESG Initiatives with Trusted DataPrecisely
Organizations are adjusting their business processes to align with environmental, social, and governance (ESG) goals driven by new business opportunities, aggressive governmental regulations, and consumer & societal expectations.
As a result, it’s becoming imperative for organizations to quantify their ESG efforts accurately. Businesses must seamlessly and efficiently identify, extract, and aggregate the granular data necessary to produce impactful ESG reports. An organization’s ability to achieve this greatly depends on having access to high-quality, trustworthy information.
Still, they find their data incomplete, unstandardized, or lacking sufficient insight for the deep level of reporting required. To move faster, remain compliant, and accurately demonstrate and quantify commitment to ESG initiatives, an organization’s data strategy must prioritize data integrity – or data that is accurate, consistent, and contextualized.
Join us for this informative webinar regarding data integrity and its importance to corporate ESG initiatives. We will cover the following topics:
Significant ESG concerns and issues
Explain why complete, accurate, and actionable ESG data is critical for ESG reporting
Data and IT processes to meet requirements for corporate ESG tracking and reporting
An overview of how Vontobel has embedded ESG into their business operations
ESG Engagement Insights, a presentation by Nawar Alsaadi of best engagement practices of 30 asset managers, owners, pension funds, and non-profits around the world. (The work is derived from BlackRock & Ceres’ paper entitled Engagement in the 21st Century).
January 2024. Environmental, Social, and Governance (ESG) is a framework that helps investors evaluate how a company manages risk and opportunities around sustainability issues. ESG takes a comprehensive view that extends beyond the environmental aspect to include the social and corporate governance aspects.
ESG metrics are non-financial indicators that evaluate companies' ESG performance. They are quantitative, such as GHG emissions; and qualitative, such as Diversity, Equity, and Inclusion (DEI).
ESG reporting is the public disclosure of ESG data. Its purpose is to shed light on a company’s ESG activities and improve transparency with investors.
ESG reporting offers many advantages to a business, including improved reputation, being more attractive to investors, competitive advantage, improved performance, resilient and sustainable business, capacity building, and climate change mitigation.
However, ESG reporting faces challenges such as the lack of a universal standard, being complex requiring specialized expertise, risk of greenwashing, and constantly changing regulations.
An ESG framework is a structured approach to ESG reporting. Using an ESG framework produces measurable, actionable, and credible results.
ESG standards translate ESG framework principles into action by specifying factors such as metrics, methodologies, and reporting formats. The absence of a universal ESG reporting standard has resulted in reliance on various standards.
The most commonly used ESG reporting standards include Task Force on Climate related Financial Disclosures (TCFD) and United Nations Global Compact (UNGC).
ESG compliance refers to meeting or exceeding ESG guidelines established by the compliance frameworks and regulatory bodies.
An ESG rating, also called an ESG score, provides a benchmark for investors to evaluate a company’s ESG performance and compare it to other companies.
Policy wise, the Sustainable Stock Exchanges (SSE) initiative was launched in 2009 to improve corporate transparency and performance on ESG issues. The SSE is coordinated by United Nations Global Compact (UNGC), UN Conference on Trade and Development (UNCTAD), and UN Department of Economic and Social Affairs (UNDESA).
In this slideshow, you will learn about the definition, advantages, challenges, implementation steps, UN policy, and global statistics of ESG reporting. For more slideshows on environmental sustainability, please visit s2adesign.com
ESG Integration Case Studies (SASB Edition)Nawar Alsaadi
The document discusses several case studies of asset managers integrating ESG factors using the SASB standards. It provides examples of how Temasek, Neuberger Berman, and Glenmede Investment Management incorporate ESG analysis into their investment processes. Temasek enhanced its climate analysis and engagement efforts. Neuberger Berman identifies material ESG issues using SASB and engages with companies to address issues. It provides an example of engaging with a Japanese company on IT resilience and diversity. Glenmede Investment Management incorporates an ESG momentum strategy that identifies stocks with improving ESG performance.
What New EU Reporting Standards Mean for North AmericaGreenBiz Group
Significant changes are coming to sustainability reporting in Europe. From 2022, the Corporate Sustainability Reporting Directive (CSRD) will bring in mandatory ESG disclosure for all large or listed companies operating in the EU – expanding current non-financial reporting requirements from 11,000 companies to more than 50,000. As a result, many North American companies who do business in the EU will be included. This session will review the incoming changes and updates on the new sustainability reporting standards that will apply, for which GRI has been appointed by the European Commission to co-construct. Requiring double-materiality reporting of impacts and building on the widespread adoption of the GRI Standards, these developments will have a significant role in the global convergence of sustainability reporting.
Integrating the UN Sustainable Development Goals into sustainability performance requires new organizational approaches and methods.
Presentation given to Society of Petroleum Engineers, Gulf Coast Section Study Group, Houston, TX October, 2016
Ajms ifrs 17 implementaiton & challengesRajesh Rai
IFRS 17 introduces significant changes to insurance contract accounting and will be challenging for insurers to implement. It requires more granular data, complex calculations, and changes to systems and processes. Insurers face issues with updating actuarial models, integrating processes, managing higher data needs, implementing new accounting approaches, and meeting disclosure requirements. A structured implementation approach is needed for a timely transition.
Throughout the years the attention and interest for
innovation in the Real Estate and Construction sector has further grown. KPMG recognizes this and wants to facilitate the emergence and development of
these innovations that will shape the Real Estate and Construction market of the future. Due to the success of our first global edition last year we have
further extended the list of companies and added an interactive online dashboard!
The document discusses sustainability reporting and frameworks for reporting. It provides definitions and explanations of sustainability reporting, its importance, and common frameworks used like the GRI Standards. The GRI framework is explained in depth, including its development, structure, principles, and types of performance indicators. National and global scenarios for sustainability reporting are also summarized.
Discover our 2019 Integrated Annual Report which endorses our commitment to delivering value to society.
Measuring financial and non-financial performance throughout the year, the 2019 integrated report shows what sustainability looks like in practice by showcasing the people, expertise, investment, finance and skills that underpin the business, and their impact on people and the environment.
The document discusses recent changes in sustainability and ESG reporting standards. It notes that organizations are working to develop comprehensive and consistent global standards to increase transparency and comparability. Initiatives are underway to merge existing standards and develop a unified framework for sustainability reporting. Stakeholders are calling for standardized metrics and disclosures to better measure performance and contributions to sustainable development goals.
The document discusses emerging issues around environmental, social, and governance (ESG) reporting and standards. It provides an overview of key frameworks for ESG reporting like the Sustainability Accounting Standards Board (SASB), Task Force on Climate-related Financial Disclosures (TCFD), and Global Reporting Initiative (GRI). It also outlines recent developments that aim to establish a comprehensive global system for ESG reporting, including the International Sustainability Standards Board (ISSB) and European Union's Corporate Sustainability Reporting Directive. The accounting profession has an important role to play in the implementation of ESG standards and providing assurance on ESG reports.
Environmental, social and governance (ESG) refers to the three main areas of concern that have developed as central factors in measuring the sustainability and ethical impact of an investment in a company or business. These areas cover a broad set of concerns increasingly included in the non-financial factors that figure in the valuation of equity, real-estate, corporate, and fixed-income investments. ESG is the catch-all term for the criteria used in what has become known as socially-responsible investing. Socially responsible investing is among several related concepts and approaches that influence and, in some cases govern, how asset managers invest portfolios.
The Rise, Impact, and Challenges of ESG Factor Based Investing.JacobReynolds24
Covers a wide range of topic regarding ESG integration and ESG factor-based investing.
With many pension funds starting to follow the UN’s PRIs, and the signatories representing $70 trillion. ESG factor-based investing cannot be ignored, regardless of the participant's principles. The divestitures we are seeing by major players such as GPIF, Norwegian Oil Fund, CalSTRS as well as many smaller endowment funds.
Has this led to an increase in PE activity in the affected sectors, the driver is that the –what can be seen as forced- selling leading to said companies trading at a discount in public markets. Which leads to the question: through ESG conscious funds investing inline with their principles, do they end up bounding their returns (in the case of tobacco divestment) and arguably making the companies who are deemed poor on the E and S vector less transparent and accountable.
Workshop on Metrics for Climate Transition - PPT Joeri RogeljOECD Environment
The document discusses the need to keep net-zero targets for climate action realistic and avoid greenwashing. It notes that current climate policies and promises are not on track to meet goals like limiting warming to 1.5C. It emphasizes the importance of setting net-zero targets that clearly define their scope in terms of greenhouse gases covered and timeframe, are fair and adequate, and include a long-term roadmap. Financial institutions are urged to set rigorous, transparent targets with measurable near-term progress and consider broader sustainability issues beyond just climate. While diversity in pathways is important, current projections give less than 50% odds of effectively limiting warming to 1.5C.
The Global Reporting Initiative (GRI) provides sustainability reporting guidelines that are voluntarily adopted by organizations worldwide. The number of organizations publishing GRI-based reports has grown significantly since 1999. The G3 Guidelines, released in 2006, feature streamlined performance indicators and disclosures to improve comparability across reports. The GRI framework includes sector supplements and national annexes to address specific reporting needs. Organizations are encouraged to use the GRI Guidelines and provide feedback to help further develop the reporting standards.
The document discusses an energy company's efforts to reduce emissions and enable the transition to a lower carbon future. It outlines the company's commitment to achieving net zero emissions by 2040 for Scope 1 and 2 emissions. It also details various initiatives to reduce methane leaks from pipelines and other infrastructure, increase the efficiency of compressor stations, and ensure assets are ready to transport hydrogen and other renewable gases. The company is working with suppliers and international partners to reduce Scope 3 emissions and promote decarbonization across its value chain.
The SEC has proposed new rules to standardize and enhance climate-related disclosures for public companies. Key elements of the proposal include:
- Requiring governance, strategy, risk management, and targets disclosures around climate-related issues.
- Mandating financial statement metrics on the impact of severe weather events and the transition to a lower-carbon economy if such impacts exceed 1% of the relevant line item.
- Specifying greenhouse gas emissions disclosure of Scope 1, 2 and material Scope 3 emissions over time, starting with limited assurance and progressing to reasonable assurance.
- Placing most climate disclosures in a new section before the Management Discussion and Analysis rather than within the financial statements themselves. A
Workshop on Metrics for Climate Transition - PPT Claire FysonOECD Environment
The document discusses Climate Action Tracker's (CAT) methodology for rating countries' climate action and policies. CAT rates countries based on their emissions reductions targets and policies to date, and whether they are sufficient to limit warming to 1.5°C. CAT also considers what would constitute a fair contribution for each country based on factors like responsibility and capability. CAT provides modelled pathways to 1.5°C warming at national levels, and benchmarks to track sectoral progress in countries.
This document outlines Ujjivan Small Finance Bank's approach to strengthening environmental, social and governance (ESG) integration. It details the key activities the bank has undertaken, including a materiality assessment, benchmarking against peers, and assessments against the Dow Jones Sustainability Index and EY's Sustainable by Design framework. It establishes six pillars for the bank's ESG framework: sustainable operations, empowering communities, responsible finance, customer centricity, human capital, and effective governance. Under each pillar, focus areas and goals are defined for the short, medium and long term to guide the bank's sustainability strategy and reporting.
Drive Successful ESG Initiatives with Trusted DataPrecisely
Organizations are adjusting their business processes to align with environmental, social, and governance (ESG) goals driven by new business opportunities, aggressive governmental regulations, and consumer & societal expectations.
As a result, it’s becoming imperative for organizations to quantify their ESG efforts accurately. Businesses must seamlessly and efficiently identify, extract, and aggregate the granular data necessary to produce impactful ESG reports. An organization’s ability to achieve this greatly depends on having access to high-quality, trustworthy information.
Still, they find their data incomplete, unstandardized, or lacking sufficient insight for the deep level of reporting required. To move faster, remain compliant, and accurately demonstrate and quantify commitment to ESG initiatives, an organization’s data strategy must prioritize data integrity – or data that is accurate, consistent, and contextualized.
Join us for this informative webinar regarding data integrity and its importance to corporate ESG initiatives. We will cover the following topics:
Significant ESG concerns and issues
Explain why complete, accurate, and actionable ESG data is critical for ESG reporting
Data and IT processes to meet requirements for corporate ESG tracking and reporting
An overview of how Vontobel has embedded ESG into their business operations
ESG Engagement Insights, a presentation by Nawar Alsaadi of best engagement practices of 30 asset managers, owners, pension funds, and non-profits around the world. (The work is derived from BlackRock & Ceres’ paper entitled Engagement in the 21st Century).
January 2024. Environmental, Social, and Governance (ESG) is a framework that helps investors evaluate how a company manages risk and opportunities around sustainability issues. ESG takes a comprehensive view that extends beyond the environmental aspect to include the social and corporate governance aspects.
ESG metrics are non-financial indicators that evaluate companies' ESG performance. They are quantitative, such as GHG emissions; and qualitative, such as Diversity, Equity, and Inclusion (DEI).
ESG reporting is the public disclosure of ESG data. Its purpose is to shed light on a company’s ESG activities and improve transparency with investors.
ESG reporting offers many advantages to a business, including improved reputation, being more attractive to investors, competitive advantage, improved performance, resilient and sustainable business, capacity building, and climate change mitigation.
However, ESG reporting faces challenges such as the lack of a universal standard, being complex requiring specialized expertise, risk of greenwashing, and constantly changing regulations.
An ESG framework is a structured approach to ESG reporting. Using an ESG framework produces measurable, actionable, and credible results.
ESG standards translate ESG framework principles into action by specifying factors such as metrics, methodologies, and reporting formats. The absence of a universal ESG reporting standard has resulted in reliance on various standards.
The most commonly used ESG reporting standards include Task Force on Climate related Financial Disclosures (TCFD) and United Nations Global Compact (UNGC).
ESG compliance refers to meeting or exceeding ESG guidelines established by the compliance frameworks and regulatory bodies.
An ESG rating, also called an ESG score, provides a benchmark for investors to evaluate a company’s ESG performance and compare it to other companies.
Policy wise, the Sustainable Stock Exchanges (SSE) initiative was launched in 2009 to improve corporate transparency and performance on ESG issues. The SSE is coordinated by United Nations Global Compact (UNGC), UN Conference on Trade and Development (UNCTAD), and UN Department of Economic and Social Affairs (UNDESA).
In this slideshow, you will learn about the definition, advantages, challenges, implementation steps, UN policy, and global statistics of ESG reporting. For more slideshows on environmental sustainability, please visit s2adesign.com
ESG Integration Case Studies (SASB Edition)Nawar Alsaadi
The document discusses several case studies of asset managers integrating ESG factors using the SASB standards. It provides examples of how Temasek, Neuberger Berman, and Glenmede Investment Management incorporate ESG analysis into their investment processes. Temasek enhanced its climate analysis and engagement efforts. Neuberger Berman identifies material ESG issues using SASB and engages with companies to address issues. It provides an example of engaging with a Japanese company on IT resilience and diversity. Glenmede Investment Management incorporates an ESG momentum strategy that identifies stocks with improving ESG performance.
What New EU Reporting Standards Mean for North AmericaGreenBiz Group
Significant changes are coming to sustainability reporting in Europe. From 2022, the Corporate Sustainability Reporting Directive (CSRD) will bring in mandatory ESG disclosure for all large or listed companies operating in the EU – expanding current non-financial reporting requirements from 11,000 companies to more than 50,000. As a result, many North American companies who do business in the EU will be included. This session will review the incoming changes and updates on the new sustainability reporting standards that will apply, for which GRI has been appointed by the European Commission to co-construct. Requiring double-materiality reporting of impacts and building on the widespread adoption of the GRI Standards, these developments will have a significant role in the global convergence of sustainability reporting.
Integrating the UN Sustainable Development Goals into sustainability performance requires new organizational approaches and methods.
Presentation given to Society of Petroleum Engineers, Gulf Coast Section Study Group, Houston, TX October, 2016
Ajms ifrs 17 implementaiton & challengesRajesh Rai
IFRS 17 introduces significant changes to insurance contract accounting and will be challenging for insurers to implement. It requires more granular data, complex calculations, and changes to systems and processes. Insurers face issues with updating actuarial models, integrating processes, managing higher data needs, implementing new accounting approaches, and meeting disclosure requirements. A structured implementation approach is needed for a timely transition.
Throughout the years the attention and interest for
innovation in the Real Estate and Construction sector has further grown. KPMG recognizes this and wants to facilitate the emergence and development of
these innovations that will shape the Real Estate and Construction market of the future. Due to the success of our first global edition last year we have
further extended the list of companies and added an interactive online dashboard!
The document discusses sustainability reporting and frameworks for reporting. It provides definitions and explanations of sustainability reporting, its importance, and common frameworks used like the GRI Standards. The GRI framework is explained in depth, including its development, structure, principles, and types of performance indicators. National and global scenarios for sustainability reporting are also summarized.
Discover our 2019 Integrated Annual Report which endorses our commitment to delivering value to society.
Measuring financial and non-financial performance throughout the year, the 2019 integrated report shows what sustainability looks like in practice by showcasing the people, expertise, investment, finance and skills that underpin the business, and their impact on people and the environment.
The document discusses recent changes in sustainability and ESG reporting standards. It notes that organizations are working to develop comprehensive and consistent global standards to increase transparency and comparability. Initiatives are underway to merge existing standards and develop a unified framework for sustainability reporting. Stakeholders are calling for standardized metrics and disclosures to better measure performance and contributions to sustainable development goals.
ESG Assurance and Reporting The road to ESG Leadershipdrriteshdubey84
This document provides an overview of ESG assurance. It begins with an agenda and introductions. It then discusses why companies undertake ESG reporting and assurance to meet stakeholder expectations. Regulators are increasingly requiring assurance over ESG disclosures. Investors want reliable ESG information and trust assured reports more. There are different types and levels of assurance. Common areas assured include emissions, social practices, and governance. Assurance is also provided for green bonds and sustainability-linked financing. Overall, assurance brings credibility and transparency to ESG reporting.
This talk will unveil QIAGEN’s Biomedical Knowledge Base products, elucidating their structure and schema design optimized for complex data exploration and sophisticated question-answering in the biomedical sector.
- Infosys announced financial results for the quarter ending June 30, 2012, with revenues growing 28.5% year-over-year to 9,616 crore. Net profit grew 32.9% to 2,289 crore.
- For the full 2013 fiscal year, Infosys expects at least 19.7% revenue growth and at least 14.4% EPS growth.
- Infosys won several awards over the quarter and expanded several consulting, systems integration, business IT services, and engineering projects for clients in various industries.
The document outlines Danang Suryo Wardhono's background and experience in industrial engineering, business administration, and as the head of a large security printing company and restaurant owner. It then describes the structure and content of 1-day and 2-day strategic management and financial training courses. The remainder of the document discusses BP's strategic report, including its business model, strategy to transition to gas and low-carbon energy, financial framework, key performance indicators, and risk management approach.
Sustainability Knowledge Group has launched a new digital reporting tool through a partnership with APlanet. The tool will allow SKG's clients to easily manage and track sustainability performance and ESG criteria. It provides dashboards to unify sustainability data in one place and create reports aligned with standards like GRI and SASB. The partnership will digitalize SKG's services and revolutionize how it collaborates with clients.
The document provides an overview of SGS's 2020 integrated annual report. It discusses SGS completing its 'Mission 2020' strategy and sustainability ambitions on time despite challenges from COVID-19. SGS delivered a strong financial performance in 2020 and started implementing the next phase of its strategic evolution to focus on key trends in testing, inspection and certification. It acquired SYNLAB Analytics & Services, its largest acquisition, to enhance its position in Europe. SGS also discusses its leadership in sustainability, service innovations to support customers during COVID-19, and outlook for 2021 including further acquisitions and launching new 2030 sustainability ambitions.
This document discusses EDP Energias de Portugal's efforts to promote transparency in its supply chain. It outlines EDP's strategy of engaging over 11,000 key suppliers in a supplier relationship management system to ensure strategic relevance, technical specifications, and sustainability. It also describes EDP's CValor project which provided sustainability reporting training to 5 suppliers using GRI guidelines to increase trust and maturity in supplier management systems with the goal of improving both parties' sustainability performance. The project was deemed a positive initial step and EDP plans to continue such engagement efforts going forward.
TIM Group - Sustainability Financing FrameworkGruppo TIM
1) TIM Group is committed to sustainability, with a plan to become carbon neutral by 2030 and improve eco-efficiency.
2) They have a long history of sustainability reporting and participation in ESG indexes. Their risk score from Sustainalytics is low.
3) TIM has achieved results in reducing energy consumption and increasing renewable energy usage while growing traffic volumes. They offer green products and services to help customers lower environmental footprints.
PA Cost Out Maturity Benchmark - Full 10 Sector Report v 141016Liam Palmer
The document discusses cost-out maturity across different sectors. It finds that the ability to reduce costs sustainably varies significantly between sectors. Automotive leads in cost-out maturity due to decades of competition and pressure to standardize supply chains. Life sciences ranks second due to factors like the "patent cliff" forcing a focus on reducing non-value adding costs. While all sectors can improve, automotive scores well in strategy, skills and approaches but still has gaps, such as integrating cost data. Leading organizations address cost reduction through six dimensions of maturity: strategy, organization, processes, tools, skills and approaches.
FrontESG is a software solution that provides flexible environmental, social, and governance (ESG) information management for both limited partners (LPs) and general partners (GPs). It allows LPs and GPs to collect, manage, analyze, and communicate ESG data in order to better integrate ESG factors into their investment processes. FrontESG offers customizable data requests, a library of ESG indicators, reporting functionality, and the ability to efficiently share information with multiple stakeholders. It aims to help LPs and GPs systematically identify and address ESG risks and opportunities in a way that benefits their reputation and long-term investment performance.
May 20, 2014 | AIM Financial Services Industry Event at Hotel le Royal in Lux...aimsoftware
AIM Software, the leading provider of data management business applications in Luxembourg, is proud to invite the experts and executives of the Luxembourgish asset servicing industry to its AIM Financial Services Industry Event – which will take place on the 20th of May 2014 at 17:00 at the Hotel Le Royal (Luxembourg). In this round table composed of executives and experts of the Luxembourgish financial services industry, you will learn how firms have managed to turn their data into a key differentiating capability.
After this round-table, we are happy to invite you to a wine tasting of international fine wines from In Vino Gildas accompanied by a flying dinner to network with your peers. In Vino Gildas has been awarded "Lauréat et Coup de coeur du public” (public's favorite) in the 2010 Luxembourg Commerce and Design contest.
Topics include:
• Will you be able to justify your valuations when the regulator comes calling?
• It's not just regulations. Servicing clients and risk are also driving the data requirements.
• Data Management in the business: a strategic differentiator
Speakers will include:
• Gerard Estrada Ventura - Head of International Operations at Andbank
• Jean-Marc Verdure - CIO at European Fund Administration
• Pierre Bauwens - Senior Manager | Strategy & Operations at Deloitte
• Nico Staes, Head of Section, CLEARSTREAM
• Olivier Kenji Mathurin - Head of AIM Research Lab at AIM Software
Participation is free of charge for financial institutions.
MORE INFORMATION:
http://www.aimsoftware.com/news/aim-event-beyond-the-regulatory-pressure-data-as-a-strategic-differentiator
This document provides an agenda and overview of the TechNet event hosted by Elmhurst Energy. The event aims to help sole trader energy assessors network and share experiences. Attendees will receive a technical update, participate in group discussions on future plans and how to improve TechNet, and provide feedback on desired accreditation body support. Elmhurst Energy facilitates the event to bring assessors together, provide CPD training, and gain input to help set their agenda.
This document discusses the need to accelerate the transition to a green economy in Europe. It notes that while sustainable investment is growing rapidly, more investment is needed to achieve climate and sustainability goals. It introduces the EU Taxonomy as a new standard to screen sustainable finance products and enable coordinated decisions. The Greenomy platform aims to digitalize sustainability reporting to make the taxonomy accessible to all players, support companies in transitioning to carbon neutrality, and accelerate the green and digital recovery in Europe.
Qantas is recognized as a sustainability leader by key indices. They disclose their corporate social responsibility activities in annual reviews and follow standards like the Global Reporting Initiative framework to increase transparency and credibility of reporting. Qantas reports on initiatives like aircraft weight reduction to reduce fuel burn and emissions. They aim to fully disclose relevant indicators to make their CSR reporting more comprehensive.
Carbon Accounting: Best Practices for Sustainability LeadershipCarbon Minus
Discover the essential strategies and methodologies for effective carbon accounting in our comprehensive guide, "Carbon Accounting: Best Practices for Sustainability Leadership." This PDF provides sustainability leaders with a deep dive into the principles and best practices of carbon accounting, enabling organizations to accurately measure, manage, and reduce their carbon footprint. Learn about the latest standards, tools, and techniques to enhance your sustainability initiatives and lead your organization towards a greener future. Whether you're a seasoned sustainability professional or new to the field, this guide offers valuable insights to help you champion environmental responsibility and achieve your sustainability goals.
Download now to start your journey towards effective carbon management and sustainable leadership.
Visit https://carbonminus.com/best-practices-for-carbon-accounting/
This integrated annual report provides an overview of Axiata Group Berhad's performance and strategy for 2022. Some key highlights include:
- Revenue increased to RM27.5 billion with EBITDA of RM12.4 billion and PATAMI of RM9.8 billion, representing growth from 2021.
- The company continues its strategy to become The Next Generation Digital Champion across ASEAN and South Asia through its digital telco, digital business and infrastructure arms.
- Axiata aims to bridge the digital divide and drive digital inclusion through innovative technology and solutions, with its footprint spanning over 174 million mobile customers and supporting over 10 million Boost fintech app consumers.
This document discusses how retired individuals can start a business by drawing on old skills and networks to address existing needs in mature markets. It recommends building a customer base and revenue first before introducing complex innovations, and advises establishing a solid foundation to maintain founder control while addressing pain points caused by regulatory changes. The goal is to leverage existing solutions rather than creating something entirely novel.
E-invoicing and Peppol were discussed. The presentation covered:
1) The invoicing flow and how e-invoicing streamlines it.
2) Peppol is a network that allows secure and standardized e-invoicing across Europe.
3) Belgian regulation will soon require all B2B invoicing to be electronic, utilizing the Peppol network.
4) As the Peppol network grows in users and document types, its benefits increase for all members through self-discovery and increased reception capabilities.
The document discusses a financial platform company that provides consulting and implementation services for digital investment offerings. It provides a cloud-native platform to support clients. The company assists with integrating its financial platform and customizing functionality. It also discusses how AI can help investment companies get more from their existing client base by identifying sales prospects, understanding individual client needs through data analysis, and creating tailored sales narratives. Finally, it outlines how AI can enhance the investment journey by performing tasks like proposing goals, conducting audits, generating recommendations, and delivering customized reports.
This document discusses how artificial intelligence can be a gamechanger in anti-money laundering efforts. It notes that estimated money laundering amounts to 2-5% of global GDP, or between $1-2 trillion globally and $25.5 billion in Belgium specifically. Current detection rates are only about 10% of total amounts. The document then outlines different implementation scenarios for using AI, including using it to generate new rules or augment existing rule-based systems. It proposes an approach that intelligently combines AI with rules to generate automated and explainable risk scoring of clients and transactions to better identify suspicious activity.
The document summarizes Nicolas Kalokyris' presentation on regulatory considerations for the use of artificial intelligence in financial services. It provides examples of AI applications like neobanks, credit scoring, chatbots, robo-advisors, and anti-money laundering. It also discusses applicable regulations and principles for regulating AI, including a risk-based approach and ensuring technological neutrality. The presentation aims to address legal uncertainty around applying existing financial regulations to innovative AI-based business models.
The document summarizes an upcoming event on AI regulation and innovations in financial technology. It includes:
1) An agenda for the event with presentations on the EU AI Act, AI in anti-money laundering and healthcare innovations, and a panel discussion.
2) Information on DLA Piper's EU AI Act app and digital guide providing analysis and resources on AI regulation.
3) An overview of Fintech Belgium, the organizer, including their membership, events, innovation hub, and resources for startups, events, news and careers in fintech.
This document summarizes an exclusive finance matchmaking session between 3 banks and 21 fintechs with over 110 registrations. The half-day event includes welcome remarks, a keynote on collaboration in innovation, reverse pitching sessions between the banks and fintechs, networking opportunities, and presentations from the fintechs. The event is organized by Fintech Belgium, a non-profit association promoting the development of fintech in Belgium through collaborations between its over 135 fintech members and other organizations.
This document discusses collaboration opportunities between banks and fintechs. It notes that Belgian banking customers have become less satisfied in recent years due to high prices, lack of personalized offerings, and an unmet price-quality ratio. Fintechs can address these issues by collaborating with banks across domains like payments, credit solutions, core banking, and digital retail. Leading fintechs are highlighted as examples. The document argues that banks and fintechs benefit from each other - fintechs gain resources and customer reach from banks, while banks gain flexibility and future-looking technologies from fintechs. For successful collaboration, both sides must champion each other's strengths, focus on security, partner through incubators, and drive customer-
Argenta was established in 1956 as a non-listed bank-insurer with family shareholders. It prides itself on being customer centric and having a culture of simplicity in all that it does. Argenta also aims to be robust, stable, and have a specific Argentanen culture. It has over 2,500 employees serving 1.74 million loyal customers and has a top 2 consumer banking market share in Flanders, with high customer satisfaction scores. Argenta's purpose is to care for customers, employees, branches, and society responsibly and empower them to meet financial challenges in an unpredictable world.
RiskConcile is a niche regulatory technology company headquartered in Leuven, Belgium that provides automated regulatory reporting software. They have strong ties to KU Leuven University and expertise in data science and risk management. Their software solutions help clients address challenges of scalability, frequency, and consistency of regulatory reporting by automating delivery from a single source of truth to replace spreadsheets. However, software also presents challenges of security, organizational adoption, correctness, and data ingestion that must be managed.
An accounting information system (AIS) refers to tools and systems designed for the collection and display of accounting information so accountants and executives can make informed decisions.
Every business, big or small, deals with outgoing payments. Whether it’s to suppliers for inventory, to employees for salaries, or to vendors for services rendered, keeping track of these expenses is crucial. This is where payment vouchers come in – the unsung heroes of the accounting world.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Fabular Frames and the Four Ratio ProblemMajid Iqbal
Digital, interactive art showing the struggle of a society in providing for its present population while also saving planetary resources for future generations. Spread across several frames, the art is actually the rendering of real and speculative data. The stereographic projections change shape in response to prompts and provocations. Visitors interact with the model through speculative statements about how to increase savings across communities, regions, ecosystems and environments. Their fabulations combined with random noise, i.e. factors beyond control, have a dramatic effect on the societal transition. Things get better. Things get worse. The aim is to give visitors a new grasp and feel of the ongoing struggles in democracies around the world.
Stunning art in the small multiples format brings out the spatiotemporal nature of societal transitions, against backdrop issues such as energy, housing, waste, farmland and forest. In each frame we see hopeful and frightful interplays between spending and saving. Problems emerge when one of the two parts of the existential anaglyph rapidly shrinks like Arctic ice, as factors cross thresholds. Ecological wealth and intergenerational equity areFour at stake. Not enough spending could mean economic stress, social unrest and political conflict. Not enough saving and there will be climate breakdown and ‘bankruptcy’. So where does speculative design start and the gambling and betting end? Behind each fabular frame is a four ratio problem. Each ratio reflects the level of sacrifice and self-restraint a society is willing to accept, against promises of prosperity and freedom. Some values seem to stabilise a frame while others cause collapse. Get the ratios right and we can have it all. Get them wrong and things get more desperate.
Optimizing Net Interest Margin (NIM) in the Financial Sector (With Examples).pdfshruti1menon2
NIM is calculated as the difference between interest income earned and interest expenses paid, divided by interest-earning assets.
Importance: NIM serves as a critical measure of a financial institution's profitability and operational efficiency. It reflects how effectively the institution is utilizing its interest-earning assets to generate income while managing interest costs.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
3. GREENOMY
BY WORKING WITH GREENOMY, RELY ON THE AGILITY AND
EXPERTISE OF A CUTTING EDGE GREENTECH PLATFORM SPECIALIZED
IN GREEN TAXONOMIES, BACKED WITH THE STRENGTH AND
NETWORK OF EUROCLEAR
GREENOMY STRICTLY CONFIDENTIAL
Greenomy helps corporates, credit institutions and asset
managers comply with new EU sustainable finance
legislation by digitalizing the data capturing and reporting
process. Greenomy is gradually integrating other non-EU
Green Taxonomies to offer users a one-stop solution for their
global operations.
Euroclear Group is the financial industry’s trusted provider
of post trade services. Euroclear provides settlement and
custody of domestic and cross-border securities for bonds,
equities and derivatives to investment funds. Euroclear is a
proven, resilient capital market infrastructure committed to
delivering risk-mitigation, automation and efficiency at scale
for its global client franchise.
Together with Euroclear and future partners, we aim to bridge the gap between existing and new ESG
taxonomies and standards, offering a new global market infrastructure, supporting both issuers and
financial institutions in their sustainability strategy. This will ultimately help real economies transition
faster towards a truly sustainable future.
-
Alexander Stevens, CEO Greenomy
5. API
INTERMEDIARIES
COMPAN
Y
INVESTORS
AUDITORS
LENDERS
GREENOMY IS A CLOUD-BASED
PLATFORM CONNECTING
COMPANIES, AUDITORS,
FINANCIAL INSTITUTIONS AND
DATA PROVIDERS
HOW TO GET STARTED
WITH GREENOMY?
Implementing the EU Taxonomy poses various challenges…
The EU Taxonomy poses high costs in both time and capital for
companies and financial institutions who will need to design and
implement new processes and tools to ensure compliance. With
a general lack of granular and accurate data, and adequate
solutions to assess and manage this information, financial
market players face major challenges in meeting the EU
Taxonomy reporting requirements.
…Enter Greenomy.
Greenomy helps corporates, credit institutions and asset
managers comply with the new EU Sustainable Finance
Regulations (EU Taxonomy, SFDR, NFRD/CSRD) by digitalizing
the data capturing and reporting process. Our solution helps you
to automatically assess, screen and report your EU Taxonomy
alignment and support you in redirecting your funds towards
sustainable activities in line with the EU Green Deal.
EASY ACTIVITY SCREENING
Companies can calculate their EU Taxonomy
eligibility/alignment by Turnover, CapEx and
OpEx
LOAN BOOK SCREENING
Lenders can engage directly with
corporates borrowers to assess their Green
Asset Ratio
SCREEN INVESTMENT PORTFOLIOS
Investors have access to accurate data
coming straight from investees and data
providers
CERTIFIABLE & MACHINE READABLE
REPORTS
Non-financial reports are generated and are
certifiable by auditors directly onto the
platform
GREENOMY STRICTLY CONFIDENTIAL
6. DOES THE EU TAXONOMY AFFECT YOU?
FOR FINANCIAL INSTITUTIONS FOR CORPORATIONS
Compliance under the Sustainable
Finance Disclosure Regulation (SFDR)
Compliance under the Non Financial
Reporting Directive (NFRD)
Compliance under the Corporate
Sustainability Reporting Directive (CSRD)
Does the financial institution
issue or distribute financial
products within the EU?
Is the
balance
sheet
€20M+?
Is the
revenue
€40M+?
Are there
more than
250
employees?
Is the balance
sheet €20M+? €40M+?
YES
YES
COMPLIANCE IS
MANDATORY
COMPLIANCE IS
VOLUNTARY
YES NO
Is the company listed?*
YES NO
NO
Is the company listed?
Yes YES NO
Are there more than 500 employees?
Yes YES NO
NO
*Listed micro-companies are not
obligated to comply with the CSRD
Note: In order for financial institutions to fulfill their own SFDR and Taxonomy requirements, they will require data from companies that are not
mandated to report their Taxonomy alignment under the NFRD (those for which compliance is voluntary). Because of this, companies who are not
required to publicly report on their compliance will still need to track such information in order to provide it to their investor and lender institutions.
OR
PICK 2/3
GREENOMY STRICTLY CONFIDENTIAL
Is the revenue
7. EUTAX RELATED
DISCLOSURES TIMELINE
2022* 2023 2024 2025
Corporates (CSRD)
Investment firms
Asset managers
Insurers KPI Underwriting
KPI Assets
Credit institutions Main GAR
Additional KPIs***
Taxonomy-eligible data
Taxonomy-aligned data
Mix according to holdings
First report in January 2022 based on 2021 data
Trading book + Fees & Commissions KPIs reported to 2026
Limited reporting based on eligibility for financial holdings
STRICTLY CONFIDENTIAL
GREENOMY
8. SAVINGS METRICS
DIFFERENTIATIVE FEATURES
FOCUS
We estimate that corporates take 130 days on average to complete the full EU Taxonomy
reporting process. Our experience shows that Greenomy can achieve the highest levels of
compliance while reducing this burden drastically, generating time savings between 80- 90%,
with the associated costs savings.
TRAINING
& REGULATORY WATCH
DATA
COLLECTION
COMPUTATION
& DISCLOSURE
EXTERNAL
AUDIT
-80%
-83%
GREENOMY IS ALWAYS UP
TO DATE & COMPLIANT
WITH THE REGULATIONS
THE DATA REPORTED BY
YOUR COUNTERPARTIES IS
AUTOMATICALLY SHARED
GREENOMY
AUTOMATICALLY
COMPUTES YOUR
ALIGNMENT SCORES IN
THEIR OFFICIAL REPORTING
FORMAT
GREENOMY FACILITATES
THE AUDIT PROCESS
15
3
ELIGIBILITY
ASSESSMENT
SEE AT A GLANCE IF
YOUR ECONOMIC
ACTIVITIES ARE ELIGIBLE
TO THE EU TAXONOMY
-86%
15
2
60
10
20
-90%
2
10
20
-50%
REPORTING PROCESS
ON A MANUAL PROCESS
WITH LATEST LEGISLATION
+27
COUNTRIES COVERED
GREENOMY STRICTLY CONFIDENTIAL
9. Our experts guide you through your sustainable finance reporting journey
LEVERAGE OUR SUSTAINABILITY EXPERTS
ADVISORY AND TRAINING SERVICES
Training on EU
Taxonomy & Sustainable
Finance
EU Taxonomy
Alignment guidance
EU Taxonomy
eligibility guidance
Audit readiness
for limited
assurance
Assessment of IT
systems & data
sources
EU Taxonomy Score
Analysis & Target
Setting
Gain sustainable
finance and
regulatory
training via our
Greenomy
Academy
Workshop to assess
the alignment of
your eligible
activities against the
TSC, DNSH and MSS
criteria Support
towards the
preparation of the
quantitative and
qualitative disclosures
A step-by-step
guide to identify
your EU
Taxonomy
eligible activities
per NACE codes
and relevant KPIs
to your entities
Audit readiness
training and
integration into
internal audit
plan
Assessment of data
collection and reporting
process (process flow)
Preparation of capability &
resourcing plan
Roadmap for automation
opportunities, leveraging
Greenomy’s API
connections
Analyse your EU
Taxonomy score,
set sustainability
targets to
improve it and
implement them
into your overall
forward looking
ESG strategy
Kick-off &
planning
EU Taxonomy
Fundamentals
Identify & confirm
in-scope legal
entities
Map eligible activities to
relevant NACE codes
Obtain understanding of IT systems
and data sources
Eligibility
validation by
Steerco
Eligibility
validation
workshop
Steerco kick-off &
project plan
Meeting to validate
Eligibility legal entities
validation meeting
Phase 1
Map eligible activities to
relevant NACE codes
Assessment of DNSH Criteria
Assessment of Minimum Social
Safeguards
Phase 2
Eligibility
validation workshop
(phase 1)
Alignment validation
workshop
Alignment validation
workshop
Go/No-Go for phase 3
Alignment validation
workshop (phase 2)
Go/No-Go for phase 3
Disclosure
Automation preparation
Final validation
workshop
Steerco progress
update
Steerco Strategy
Workshop
GREENOMY STRICTLY CONFIDENTIAL
Alignment criteria
deep dive
10. 1. Descriptive Analysis
How far are you from the EU
Taxonomy thresholds?
Greenomy automatically analyses the
gap between your reported data and
the latest thresholds defined by the EU
Taxonomy.
4. Prescriptive Analysis
How can you adapt your strategy to
meet your objectives?
Based on the qualitative data reported
by the whole ecosystem, Greenomy
produces tailored recommendations to
support non-financial companies
in their transition towards a more
sustainable future.
2. Benchmark Analysis
Where are you on the transition path
compared to your peers?
With accurate and certified data from
the whole Greenomy ecosystem,
Greenomy compares your organisation
to other stakeholders with similar
economic activities, providing valuable
insights.
3. Predictive Analysis
Where will your organisation be on its
path toward carbon neutrality in 5 years?
Greenomy helps you to anticipate your
trajectory along the EU Taxonomy’s
transition path. We identify future threats
to your institution’s sustainability level and
tailor advice for you to amend your
sustainability strategy accordingly
PROCESSING REPORTED DATA TO GUIDE ORGANISATIONS ALONG
THEIR TRANSITION PATH TO CARBON NEUTRALITY BY 2050
STRICTLY CONFIDENTIAL
GREENOMY
12. TEAM MADE UP OF 65+ HIGHLY SKILLED SUSTAINABILITY & TECH
EXPERTS LOCATED IN OVER 20 COUNTRIES
GREENOMY STRICTLY CONFIDENTIAL
BACKED BY EUROCLEAR AS SHAREHOLDER
ADVOCATING WITH
We are members of renowned industry initiatives
within Europe and globally.
AWARDS
We have been recognised internationally by
multiple industry awards.
Sharvind Appiah
14. The Greenomy Academy is a free educational platform designed to
support corporations and financial market professionals tasked with
understanding the EU Taxonomy and its related disclosures (SFDR,
CSRD, EET).
Our courses help professionals advance their knowledge and mastery of the
EU Taxonomy, as well as how to implement the reporting process in
practice using Greenomy’s solution. Participants gain access to exclusive
material, earn a Greenomy certification of completion, and empower
themselves to successfully complete their sustainable finance reporting.
Sign up via: https://greenomy.io/academy
16. BACK OFFICE LENDING
USE CASE
Company Portal
Entity level
EU Taxonomy data
/CSRD data
(general loans)
Proxy/reported
EuTax/CSRD data
from external provider
External Verifiers
Proprietary ESG factors
& exclusive EUTax
data (specific loans)
Lender Portal
Borrower
Back Office Systems
Lender
Back Office Functions
Borrower & Project ESG
screening ESG Covenant
monitoring
Loan Impact monitor & report
Loan Book Regulatory
Disclosure Stewardship
management
Data input to product
development
POWERED
BY
EBA Pillar
3
EU
Taxonomy
SFDR
NFRD/
CSRD
GREENOMY STRICTLY CONFIDENTIAL
18. Investor Portal
Asset Managers
Insurers
GREENOMY AS AN
ESG MARKET INFRASTRUCTURE
DATA PARTNERS
INTERBANK/FUND ECOSYSTEM
Company Portal
Non-financial corporates
NFRD/CSRD
Private SMEs
Lender Portal
Credit Institutions
Mutualisation of ESG
Data retrieval
Key benefits of inter-institutional ecosystem:
Mutualisation of efforts in capturing ESG data for reporting
purposes, reducing costs
Standardisation of ESG data exchange across geographies User
Committee co-shaping infrastructure evolution Common
gateway to data aggregators and public repositories
Currently Connected Currently Connected
12 Banks and Credit Bureaus currently
connected
Free access
missing
corp.
Free access
missing
corp.
Automati
c
positions
loading &
matching
Automati
c
positions
loading &
matching
INTERNATIONAL CAPITAL MARKETS
GREENOMY STRICTLY CONFIDENTIAL
19. EU TAXONOMY REPORTING FOR LENDERS
SCREEN RETAIL LOANS AND INTERACT
WITH CORPORATE BORROWERS
Compute your Green Asset Ratio (GAR) in 3 simple steps
1
UPLOAD YOUR LOANS TO YOUR
BANKING BOOK AUTOMATICALLY
Don't waste time collecting all individual loan positions scores, our solution
does it for you and automatically computes your GAR. Automatically computes
your GAR and BTAR based on data generated through the Greenomy
infrastructure in combination with your ESG data provider
2
Quickly(bulk) screen retail loans (mortgage, vehicles loans, etc) thanks to our
proprietary Al powered engine and engage with corporate borrowers directly
through the platform.
3
RETRIEVE YOUR MACHINE
READABLE EU TAXONOMY REPORT
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template already filled-out with your metrics, in Excel, JSON, PDF or XBRL.
GREENOMY STRICTLY CONFIDENTIAL
20. EU TAXONOMY/SFDR
REACH OUT TO
INVESTEES
REPORTING FOR INVESTORS
Compute your portfolios alignment in three simple steps
1
UPLOAD YOUR PORTFOLIOS
AUTOMATICALLY INTO THE PORTAL
Don’t waste time collecting all individual constituents’ scores, our solution does
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2
An underlying position’s score is missing? Don’t worry you will be able to request
the investee’s report directly onto the portal and be automatically notified once
completed.
3
RETRIEVE YOUR MACHINE READABLE
EU TAXONOMY/SFDR REPORT
You are done with your EU Taxonomy/SFDR screening! Download the official
reporting template already filled-out with your metrics, in Excel, JSON, PDF or
XBRL.
STRICTLY CONFIDENTIAL
GREENOMY
21. EU TAXONOMY REPORTING FOR COMPANIES
STRICTLY CONFIDENTIAL
GREENOMY
Compute your Turnover, CapEx & OpEx eligibility/alignment
in three simple steps
ADD & SCREEN YOUR
ECONOMIC
ACTIVITIES
RETRIEVE YOUR MACHINE
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will only see the criteria applicable to you and be supported by our
additional information.
You are done with your EU Taxonomy screening! Download the official
reporting template already filled-out with all computed KPIs, in Excel, PDF,
JSON, or XBRL.
1
UPLOAD YOUR COMPANY
DATA INTO THE PORTAL
2
3 READABLE EU
TAXONOMY
22. CSRD REPORTING FOR
COMPANIES
Compute your Turnover, CapEx & OpEx
eligibility/alignment in three simple steps
INVITE USERS AND MANAGE
CROSS-FUNCTIONAL TEAMS
Easily understand CSRD’s ESRS thanks to their digitalisation on the tool and
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Quickly tag your colleagues on specific disclosures related to their core
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Connect your internal database to the tool to partially automate your
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JSON, or XBRL.
2
NAVIGATE THROUGH
YOUR ESRS SOLUTION
1
PLUG YOUR DATA, ENJOY YOUR
DASHBOARDING SOLUTION AND DOWNLOAD
YOUR REPORT
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3
23. PREPARE YOUR SUSTAINABILITY REPORTING
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ACCELERATING THE TRANSITION TO A SUSTAINABLE FUTURE