• EN
  • FR
  • NL
  • News & publications
  • Services
  • Sectors
    • Public Policies
    • Energy
    • Buildings
    • Transport & Mobility
    • Industry & Services
    • Agriculture & Land-use
  • Cases
  • About
  • Contact us
  • News & publications
  • Services
  • Sectors
    • Public Policies
    • Energy
    • Buildings
    • Transport & Mobility
    • Industry & Services
    • Agriculture & Land-use
  • Cases
  • About
  • Contact us
  • EN
  • FR
  • NL
Home - News

Climact teams up with Zielke Research Consult to offer ESG consulting to Financial Institutions

17 March 2022

The partnership is rooted in the need for Financial Institutions to standardize their sustainability reporting and to provide transparency on their ESG performance.

Most companies will have to follow the new EU direction on corporate social responsibility (EUCSRD). Large companies are required to comply with it while the others will be encouraged to do so.

The framework requires to report the company strategy, implementation and performance on all environmental, social and governance stakes that are material for the company (whether because of its impact or its vulnerability to it).

As part of it, a full scope carbon footprint, a climate risks assessment, science-based targets and an action plan aligned with EU taxonomy are essential to demonstrate credibility.

The reporting itself is also demanding. This is why CLIMACT partners with Zielke Research Consulting to best support its clients.

Financial Institutions, or FI’s, play a key role in supporting the European Commissions’ Green Deal, as they can influence their clients’ choices regarding emissions reductions. The challenge is to define a realistic goal and to measure accurately the progress made. Climact has helped many companies across industries in the last 15 years to define a clear course for measuring GHG emissions and setting their climate goals. As such, they are a preferred partner for Financial Institutions, helping them measure the climate risk of their portfolio and communicate their performance in a transparent way.

The CSRD will offer more standardization in sustainability reporting.

The Corporate Sustainability Reporting directive that will replace the Non-Financial Reporting Directive intends to bring more standardization for sustainability reporting in Europe. To reach this goal, the CSRD will enforce more detailed reporting requirements and introduce mandatory assurance.

Zielke Research Consult was closely involved in developing the European Corporate Sustainability Reporting or CSRD directive[1] and has been analysing sustainability reports of FI’s for the last five years. Transforming information into user-friendly format is one of their expertise. They currently qualify financial products in line with the EU Taxonomy.

Together, Climact and Zielke Research Consult can improve FI’s sustainability information, making their efforts measurable. The PCAF[2] method for measuring Scope 3 emissions of the investment and credit portfolio for instance is a big step towards more transparency.


If you would like more information about this topic, please call Jérôme Meessen-Senior Energy and Climate Change Consultant at +32 498 913 199.

[1] CSRD Directive

[2] PCAF: Partnership for Carbon Accounting Financials, standard for global GHG accounting and reporting for the financial industry.

Share
Share
Tweet
Share
Email

Latest news & publications

  • Buildings

    Pre-financing energy renovation, an energy-efficient home for every Flemish household

  • Industry and services

    Climate neutrality roadmap for the corrugated cardboard industry

  • Energy

    How much does it cost to switch away from fossil gas in the food, chemical and glass industries? 

  • Buildings

    Impact assessment of the MEPS under discussion in the context of the EPBD revision

  • News

    ETS reforms: assessment of the Council and European Parliament positions

More news

Get in touch with our experts

{{'NOUS_CONTACTER' | translate}}

{{'INSCRIVEZ_VOUS_A_LA_NEWSLETTER' | translate}}

{{'S_INSCRIRE' | translate}}

{{'SERVICES' | translate}}

  • Strategy Consulting
  • Legal & Regulatory Advisory
  • Project Development

{{'SECTEURS' | translate}}

  • Public Policies
  • Energy
  • Buildings
  • Transport & Mobility
  • Industry & Services
  • Agriculture & Land-use
  • Facebook

    {{vm.fan_count}}

  • Twitter
  • LinkedIn
© 2023 Climact
  • Legal information
Powered by Shake

Subscribe to our Newsletter

We thank you for your trust and guarantee you that the only objective of our communication will always stay in line with our mission : increase energy sustainability, reduce impact on climate while adding value to our customers.

You can update your personal data at any time following the Update Profile link in the footer of any email you receive from us.

CLIMACT will use this information in compliance with the GDPR and our Privacy Policy.

Information personelles
{{'EMAIL_INVALIDE' | translate}}
{{'PRENOM_INVALIDE' | translate}}
{{'NOM_INVALIDE' | translate}}
{{'NOM_ENTREPRISE_INVALIDE' | translate}}
{{"VEUILLEZ_CHOISIR_UNE_LANGUE" | translate}}

* {{'CHAMPS_REQUIS' | translate}}

You can change your mind at any time by clicking the unsubscribe link in the footer of any email you receive from us, or by contacting us at info@climact.com. We will treat your information with respect. For more information about our privacy practices please visit our website. By clicking below, you agree that we may process your information in accordance with these terms.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here.

{{'UNE_ERREUR_EST_SURVENUE' | translate}}
{{vm.alert_response}}
{{'ERREUR' | translate}}: {{'CET_EMAIL_EST_DEJA_INSCRIT' | translate}}.

By accepting, Google Analytics cookies will be installed to help us get statistics on how this website is being visited. {{'EN_SAVOIR_PLUS' | translate}} ›