SIX, the Swiss and Spanish Stock Exchange operator and global financial information provider, and Greenomy, the leading ESG reporting provider, have announced an alliance to help financial institutions and companies efficiently comply with ESG frameworks, enabling them to measure, improve sustainability performance, and access green finance opportunities.
As an ESG product provider, SIX develops and thus empowers its clients and partners to achieve their sustainability objectives by providing business-critical data, regulatory risk content services, and analytical solutions that enable profitable, sustainable, and compliant operations, ultimately fostering sustainable investment decisions.
Greenomy has established itself as the leading SaaS platform specializing in facilitating CSRD and EU Taxonomy reporting for corporations as well as GAR/BTAR and CSRD requirements for financial institutions. Greenomy leverages legislative codification, ESG data libraries, Generative AI, and thorough analysis to automatically generate sophisticated sustainability reports through its Company and Lender portals. The Greenomy solution accelerates reporting processes by up to seven times and achieves an 80% reduction in costs compared to manual reporting methods.
SIX is collaborating with Greenomy on an end-to-end solution, assisting companies and financial institutions in collecting, managing and reporting on ESG in alignment with the latest European mandatory frameworks, such as the Corporate Sustainability Reporting Directive (CSRD) and EU Taxonomy, as well as international frameworks like the ISSB and GRI. This comprehensive solution not only ensures compliance with existing ESG frameworks but also positions companies to adapt to emerging standards, fostering sustainability improvements, and contributing to the transition to a more sustainable future.
Marion Leslie, Head Financial Information and responsible for Sustainability on the Executive Board at SIX, commented, “We are delighted to be partnering with Greenomy to create and deliver innovative sustainable finance solutions for the capital markets value chain. There is an ever-increasing demand for ESG software solutions, that can address and automate the analysis and reporting complexity challenges linked to pluralism of frameworks, metrics and regulation. With this partnership, we are enabling growth in the ESG segment and are establishing our firms as leading providers in the field.”
Javier Hernani, Head BME: "The strategic agreement reached with Greenomy will provide the Spanish market issuers with a service that facilitates sustainability management and reporting. It is an important step in fostering BME as a sustainable finance center".
Constance d’Aspremont, commenting on behalf of Greenomy, stated, "With the advent of ESG frameworks like the CSRD and EU Taxonomy, institutions across Europe are facing new challenges. Our strategic alliance with SIX is not just a collaboration, but a synergy of visions. Leveraging our AI-driven Greenomy Portal, this partnership empowers institutions in their ESG reporting journey, optimizing data gathering and reporting efficiency. Together, we're not only enhancing sustainability performance but also shaping a sustainable future through shared strategic foresight."
Greenomy stands at the forefront of ESG reporting solutions, providing global corporations with a seamless pathway to compliance with key frameworks including CSRD, EU Taxonomy, GRI, ISSB, and more. Leveraging our cutting-edge SaaS portal, Greenomy unifies complex regulatory demands into a coherent data model, fortified by ESG data libraries and the power of Generative AI. This integration empowers organizations to simplify the creation of comprehensive sustainability reports, allowing ESG teams to focus on driving impactful transformations. greenomy.io.