Financial Institutions should continue investing in measures across the environmental, social and governance (ESG) space, even if regulatory measures on ESG risk reporting are postponed. One important reason: a value-based FSI sector not only benefits society, but also the industry itself.
Sustainable strategy integration and business enablement
Sustainable Finance will drive a major strategic change with lots of implications on the operating models of businesses in the FSI sector. Deloitte’s expertise on strategic embedding and business enablement allows us to assist financial clients with integrating sustainability into their business strategies.
Ensure compliance with regulatory changes
Translating regulatory know-how into tailored guidance provides insights to clients about sustainable finance regulatory trends. Especially our insights regarding peer practices and our non-financial assurance experience enable us to help financial institutions comply with reporting and general sustainability regulations. For example, we can help implement recognised standards for sustainable finance.
Data management, modelling and reporting
Sustainable Finance implies a major transformation in Finance and Risk reporting processes, calculation engines, systems data, and filling data gaps to properly manage risks and disclosures. Using our experience and knowledge with data management, modelling, and risk valuation we can help the FSI sector design reporting systems and track integration in sustainable finance strategy. Moreover, our modelling expertise allows for climate scenario analysis that helps identify risks and opportunities to prepare clients to react.
Creating value through sustainability
We can help financial service providers by setting up the sustainable financing framework by conducting market research, monitor investment strategies, and use customer profiling and segmentation to determine ESG opportunities, needs and capabilities. We can help design and implement sustainable finance products which align with leading lending, bond and impact principles and taxonomies.