Cerved, the Italian chief in credit score danger evaluation and administration, has signed a strategic partnership with Greenomy, the ESG Market Infrastructure, to ship a brand new service on the Italian market designed to assist Italian companies adjust to new EU Sustainable Finance rules (EU Taxonomy, CSRD, and SFDR). This settlement broadens Cerved’s vary of environmental, social and governance (ESG) providers, that are developed in synergy with the Cerved Score Company, the Italian ranking company that specialises in each credit score scores of non monetary corporations and sustainability scores of corporations and monetary establishments.
Due to this strategic settlement with Greenomy, Cerved’s company and monetary establishment purchasers will likely be offered an end-to-end resolution to carry out a extra full danger evaluation and assist mitigate their local weather danger. The Greenomy ecosystem allows corporates to display screen their financial actions and measure their alignment with the EU Taxonomy by Turnover, CapEx, and OpEx. Monetary Establishments will be capable of display screen their portfolios to make sure compliance with the EU Taxonomy and compute their Inexperienced Asset Ration (GAR) and Banking-E book-Taxonomy-Alignment Ratio (BTAR) and seamlessly generate their required ESG reporting. This finally will allow them to direct funds and the financing of sustainable initiatives and speed up the transition to a net-zero financial system in keeping with the EU Inexperienced Deal.
By Greenomy, monetary and non-financial undertakings will be capable of carry out a number of different ESG disclosures, obligatory or voluntary, inside the large perimeter of the Sustainable Finance and thus accelerating their inexperienced transition.
“Supporting establishments, communities and companies – briefly, the nationwide financial system – to guard itself from danger and to develop sustainably is the mission of our group,” acknowledged Andrea Mignanelli, CEO of Cerved Group. “Even small and mid-sized corporations will want to have the ability to measure their ESG outcomes in the event that they need to appeal to capital and entry credit score, each in Italy and overseas, as a result of buyers and banks are gravitating increasingly more in direction of corporations that may present credible sustainability measurements. On this respect, Cerved is on the entrance line, offering probably the most superior options, know-how and expertise.”
“The EU Taxonomy performs a central position in sustainability rules,” commented Fabrizio Negri, CEO of Cerved Score Company. “In reality, having a regulatory framework to categorise financial actions that’s according to sustainable improvement is an important factor for acceptable funding of funds raised for ESG functions. We’re assured that additions will likely be made to the present rules to make it extra according to all productive entities and with all elements of sustainability. Each resolution that may enhance the arrogance of buyers and issuers, by lowering greenwashing techniques, is a large step in direction of the creation of sustainable finance that serves a sustainable financial system.”
Alexander Stevens, CEO of Greenomy, additionally emphasises the significance of this new partnership: “The transition to a extra sustainable financial system is the problem of the last decade, we’re delighted to work with an organisation that shares this imaginative and prescient. Along with Cerved, we sit up for enabling Italian corporates and monetary establishments hook up with our ESG Market Infrastructure, permitting them to measure their sustainability, mitigate local weather danger and allocate capital to greener actions.”
Alfredo Romano, Head of Italy at Greenomy, declares: “Due to this partnership Cerved and Greenomy collectively will be capable of assist at one of the best the transition to a decrease carbon financial system of the Italian monetary and non-financial undertakings, from giant corporates and banks to SMEs, offering edge know-how and distinctive experience in Sustainable Finance and contributing to the creation of longterm sustainable worth of the Italian ecosystem.”