SAP Fioneer ESG Solutions partners with ESG Book
Published on: 30 April 2024
Walldorf, Germany – April 30, 2024 – SAP Fioneer, a leading provider of financial services software solutions and platforms, has entered a partnership with ESG Book, a global leader in sustainability data. The collaboration combines ESG Book’s high-quality data on emissions with the data orchestration and complex calculation functionality of the SAP Fioneer ESG KPI Engine. Financial services institutions benefit from the combined capabilities that enable them to meet complex regulatory requirements and adopt better ESG-related decision-making through improved transparency on portfolio and single exposure level.
Through the partnership users of the Fioneer ESG KPI Engine will gain access to ESG Book’s machine learning-powered model that provides data on Scope 1, Scope 2, and Scope 3 emissions – including all 15 categories of Scope 3 – for over 45,000 companies worldwide.
Maria Patschke, CEO of SAP Fioneer ESG Solutions, comments: “ESG Book’s high-quality data on emissions plays a crucial role in completing our offering. Together with our partners we are able to deliver a end-to-end tool to financial services institutions, empowering them to take action and turn ESG reporting from a cost center to a profit center.”
Nicolas Bös, Chief Technology Officer at ESG Book, adds: “Global ESG regulation is accelerating, and for financial services institutions to meet complex reporting requirements they need powerful software tools. By integrating with SAP Fioneer’s solution, we can amplify the reach of our data and help transform the industry through technology.”
SAP Fioneer’s ESG KPI Engine provides a central solution to efficiently collect, manage, review, calculate and store ESG-related single exposure and portfolio data. Seamlessly integrating into existing architectures, the calculation module provides auditable standard calculations across the entire portfolio to enhance compliance with CRSD and identify valuable transition opportunities.
About ESG Book (https://www.esgbook.com)
ESG Book is a global leader in sustainability data and technology. Combining market-leading sustainability and climate data with an ESG disclosure platform that provides access to almost 180,000 corporate disclosures and analytics, ESG Book directly connects companies with financial institutions. The firm’s cloud-based sustainability dashboard is used by the world’s largest companies and consultants for ESG performance management, peer benchmarking, and regulatory compliance, with ESG Book serving over 100 institutional clients globally.
About SAP Fioneer
https://www.sapfioneer.com
SAP Fioneer was launched in 2021 as a strategic partnership between entrepreneurial investor Dediq and global technology leader SAP SE to become the leading international digital transformation partner and provider of software solutions and platforms to the financial services industry. With a broad ecosystem of partners, over 1,200 financial services customers and more than 1,500 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.
By combining the speed and agility of a start-up with the proven capabilities of a best-in-class enterprise-grade software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.
