Field of interest
Denkstattt Illus Mobile 02

Sustainable Finance

Sustainability is now part and parcel of business and finance. More and more governments, as well as private entities are fully aware of the importance of the three dimensions of sustainability: profit, people and planet. Striking a balance between these aspects and making the transition to a sustainable economic system is a global challenge. The European Union has taken a significant step in this direction with its plan of action for sustainable growth, and its European Green Deal underscores these efforts. But this transformation also poses a number of challenges. Financing these plans is among the core questions. The EU cannot provide the necessary funding on its own, so it requires support from the private sector. Both financial market players and companies are being supported by means of regulatory measures, but they are also being called upon to redirect capital flows towards environmentally sustainable economic activities and to redefine our economies.

We are experts in ecologically sustainable ways of doing business and can give you the support you need to embed sustainability in your core operations. This means taking responsibility for your entire value chain, and considering sustainability in connection with financing. We highlight climate-protection-related opportunities and risks that affect your business, and help you to comply with regulatory requirements.

Your benefits

  • Comprehensive overview of opportunities and risks for your operations in connection with climate change
  • Analysing key questions: which projects support the alignment of my business operations with EU taxonomy? Can I take advantage of sustainable finance in this regard?
  • Potential improvement in your credit rating
  • Improved communication with investors and other stakeholders

 


 

Our Services

In 2022, businesses covered by the Non-Financial Reporting Directive (NFRD) must provide information on activities subject to the sustainability classification system (taxonomy) for the first time as part of their non-financial reporting. We help you to fulfil these regulatory requirements. In the process, we can pinpoint opportunities for you to make your business operations more sustainable.

If you are aiming to raise funds on the capital market in order to implement projects – for instance using green bonds or promissory notes – we can help you to set up a green financing framework, and support you with project evaluation and impact reporting.

Do you want to provide information on your operations by means of the Carbon Disclosure Project (CDP)? We can offer assistance with implementing the necessary structures within your business, and completing the CDP questionnaire. We accompany you every step of the way right through to importing data into the disclosure form.

Established by the Financial Stability Board, the Task Force on Climate-Related Financial Disclosures (TCFD) is committed to supporting the disclosure of information related to climate change. The evaluation framework that has been put in place has not only contributed to improved understanding of material risks connected with climate change; it also enables market participants to assess opportunities and threats resulting from a changing climate. Make the most of our expertise to help you implement TCFD reporting systems.

Science Based Targets is an initiative launched by CDP, WRI, UN Global Compact and WWF, with a view to defining corporate sustainability goals in a way which makes it possible to achieve the widely publicised target of limiting global warming to below 2°C. When it comes to drawing up and submitting corresponding sustainability targets, we can provide all the assistance you need.

SRI has become a cultural phenomenon. This investment strategy takes account of environmental, social and governance (ESG) criteria in order to generate competitive, long-term returns and have a positive impact on society. According to the US Sustainable, Responsible and Impact Investing Trends report published by the US SIF Foundation, one in five US dollars under professional management – a total of USD 8.72 trillion or more – is invested in line with SRI strategies. Just as there is no single approach to SRI, there is no single term used to describe it. Depending on their particular focus, investors use labels such as community investing, ethical investing, green investing and impact investing.

Sustainable finance is a relatively new topic. But it is definitely here to stay. Investors are increasingly asking questions that go beyond traditional financial indicators – the focus is turning more and more towards sustainability-related subjects and matters connected with climate change. Well-trained employees are vital for a company’s success. We offer bespoke training for your employees on topics linked with sustainable finance and sustainable investing.

Do you want to measure your company’s environmental and social impact in monetary terms? The Natural & Social Capital Protocol provides a standardised international framework that enables you to do precisely that. The framework allows organisations to identify, measure and evaluate their direct and indirect impact on natural capital. There is also the option of assessing your social and human capital. Evaluating these factors in financial terms produces a comparative figure, as well as making the effects tangible and manageable for managers. Please contact us if you would like us to perform a natural capital or social capital assessment. The information obtained can be used to support sustainable finance plans further down the line. Improvements can be measured over time, providing high-quality data for instruments such as Sustainable Development Goal (SDG)-linked bonds. The assessment covers CO2-related effects, as well as other environmental (e.g. biodiversity) or social impacts.

We work closely with you to develop the right investment strategy that enables you to structure your portfolio sustainably. We identify and define key criteria, and help you to set up the necessary internal implementation and execution processes.

Portfolios consist of various different investments. Many of them promote sustainable development (such as investments in renewable energy), but others have the opposite effect (these include investments in the gambling, nuclear energy or coal industry). After analysing the current status of your portfolio, we draw up a strategy aimed at giving your portfolio a more sustainable structure.

We calculate the CO2 emissions caused by your investment portfolio and then go on to develop suitable strategies designed to reduce your carbon footprint.

Our Stories

  • Employee provision funds: Validation of ESG processes, communication and investment performance as a long-term member of the respective jury for the Austrian sustainability certification system
  • Development of a sustainable savings account which supports green and regional investments
  • Publicly owned utility: determination of the sustainability level of a multibillion investment portfolio comprising more than 10,000 titles
Denkstattt Illus Mobile 02
  • Compare the externalities – the hidden costs and benefits – of Metro AG Food Service Distribution (FSD) business model with those of its traditional cash & carry stores by quantifying and monetising their impacts on society and the environment.
  • Elaboration of Integrated Profit & Loss statement for 2015 (incl. environmental and social impacts) – DPM Bulgaria
  • The Coca Cola Company – Comparing the true benefits of water restoration Projects

Our Customers

UNIQA
Verbund
Volksbank Vienna
DPM Chelopech

OMV
Metro AG
Mondi Group
RHI Magnesita


 

Contacts

Eva Maria Grosse (Austria)
eva.grosse@denkstatt.at

Peter Linzner (Austria)
peter.linzner@denkstatt.at

See next: Carbon Footprinting & LCA