The regulation related to environment, social, governance (ESG) topics is already starting to affect more and more companies – directly or indirectly. It also affects those companies that do not have a reporting obligation themselves but are subcontractors and partners of reporting companies. The EU taxonomy together with the new Corporate Sustainability Reporting Directive (CSRD) and European Sustainability Reporting Standards (ESRS) are accelerating the ESG data business and the sustainability development also in the entire supply chains.
In addition to tightening regulations, the development of ESG linked loans in the finance sector and sustainability requirements for example in public tenders and insurance, will accelerate the demand for collecting reliable ESG and emissions data both in publicly listed companies and small and medium-sized companies.
To meet the increasing need for ESG data solutions, we are constantly developing our related business information services and launching new solutions. Our focus is on solving especially the sustainable lending and sustainable procurement needs of our customers. Our role is both to collect the ESG data from SMEs and turn the data into knowledge and insights to our enterprise customers. We work closely with our customers, and we help them to automate their business processes, monitor ESG development, analyze sustainability risks and make more responsible decisions.
“Our ESG offering includes company, climate risk and property data, as well as risk classification, scoring, monitoring and API services. Our ESG services are currently available in Finland and Sweden, and they vary per country. Our long-term plan is to gradually scale up the services also in the Nordics”, notes Riku Salminen, our Nordic Development Director for ESG solutions.
Our services in short
ESG Service: An online service for easy and secure ESG and CO2 data reporting
CO2 Calculator: A tool that helps companies to calculate the greenhouse gas emissions of their business operations. The tool is based on the international GHG protocol and a comprehensive emission database.
ESG Check: A screening service to check the ESG status of your customers & suppliers
ESG Report: Comprehensive reports that provide verified ESG data from all companies in Finland
and Sweden
Court rulings & penalty payments report: Manage risks and be compliant with ESG data. Court rulings and penalty payments data tells if the company has fulfilled its administrative and legal obligations.
Climate risk report: A new service to evaluate the risks that extreme weather and climate change pose to real estates that you are financing or insuring