Growing concerns about climate change are setting new rules for the game. No matter where we look, the impact is everywhere and affects us all. In our everyday lives as well as in our professional lives. Sooner rather than later, being “green” will become mandatory, and not just a conscious way of doing business. There are ESG rules, regulations, standards and policies , and there will be more in the coming years.
Want to know more about how it affects your business?
And how is your business impacting climate change?
The EU Taxonomy Regulation establishes a regulatory framework for classifying economic activities based on their contribution to environmental sustainability. The idea of the EU Taxonomy Regulation is to transition towards a greener and more sustainable economy by bringing clarity . Transparency and coherence on what constitutes ESG. It covers a wide range of economic sectors and activities within six different objectives, initially focusing on:
Climate Change Mitigation (CCM)
Adaptation to climate change
The regulation (Decree 2021/2178) and other related initiatives – such as model retouching Sustainable . Finance Disclosure Regulation (SFDR) and the Non-Financial Reporting Directive (NFRD) – set out the criteria that economic activity must meet in order to be considered environmentally sustainable within each objective. It includes disclosure obligations for financial market participants (asset managers, insurance companies, pension funds and investment advisers). They are required to disclose the extent to which their investments align with the EU Taxonomy.
Considering, for example, that the EU aims to achieve climate neutrality by 2050 , asset portfolios will have to include fewer energy. Intensive assets/companies that do not comply with current standards. On the one hand, this will create the opportunity for highly .
liquid investors who can buy and refurbish the asset/restructure the company; on the other hand, asset owners/managers will be required to have certain knowledge about each of their assets as it relates to ESG.
The consequences of not complying with current sustainability rules and regulations are and will be b2b reviews not only to reputation and brand value, but also to the regulatory landscape and risk management. On the contrary, being “green” will not only allow a company to have . A better reputation, but will also provide it with access to various economic incentives and the possibility of accessing the green lending market (loans, bonds, mortgages, etc.).
Now, how can DataCentric help mitigate risks related to the ESG regulatory environment?
Climate Change Mitigation 2023 (CEE)
Tinsa offers an energy rating for large banking portfolios through CO2 emissions (letter and number) and energy consumption (letter and number) using the largest energy certifications in Spain. Technical due diligence and comparable asset databases.
The data on which we perform our analysis is based on real data as well as inferred/modeled data:
We have the most accurate model on the market with data from . Tinsa’s property databases and energy Sistem Beus Toledo Hayang Nyadiakeun certificates with 100% national coverage for residential properties. The assigned letter (for non-real data) is withinone letter in 85% of cases, and in 99.5% of cases it is within – two letters of difference with respect to the real energy certification.
