In the transformation towards a sustainable economy, credit institutions play a central role as a link to the economy. As a consequence, the requirements in ESG-relevant regulation in the banking sector are increasing. This is a major challenge for many banks. Why? Companies can hardly collect the necessary ESG data. Nevertheless, credit institutions have to make a risk assessment. This is exactly where imug rating comes in.
Our solutions address four key challenges that credit institutions face when surveying ESG risks in the loan portfolio:
With imug rating’s solutions, credit institutions arm themselves for compliance with the already comprehensive and still increasing ESG regulations. The ESG risks in the credit portfolio are made transparent, quantifiable and comparable at individual customer level. This enables goal-oriented ESG management at both the bank-wide as well as business sector level. The product and service range too is evolving: Sales can target customers with the specific information and support them in their transformation to a sustainable business. Active and external communication of ESG activities increases credibility and reputation in market perception.