Energy & climate risk data for all properties at a European level
New collaboration solves banks' reporting requirements and accelerates energy transition.
To help banks on a European level gain an enhanced knowledge of their properties through modelled energy data and climate risks, Swedish Econans and Finnish SkenarioLabs have formed a strategic partnership. Together, the collaboration aims to accelerate the energy transition of buildings by facilitating compliance with tightening reporting requirements, and helping banks to maximise green lending.
"Partnering with SkenarioLabs allows us to get data coverage across Europe, and together, offer a comprehensive green solution to banks," says David Klamer, CEO at Econans. Econans is a leading supplier of energy transition tools for banks, with customers such as SEB, Handelsbanken and Danske Bank. SkenarioLabs is a pioneer in ESG data governance and risk management. The strategic collaboration gives the banks a robust and future-proof overall solution. With regulations such as the EU taxonomy, CSRD and EPBD, banks face increased responsibility and must help their customers tackle climate change and become more energy efficient.
The joint offer includes:
Synthetic energy data for all properties: Produced using advanced AI modelling and new technologies, such as Google Street View and transaction data.
Class-leading climate risks for all properties: Broad coverage of climate risks at an individual property level.
European coverage: Comprehensive data across all asset classes.
Tools for energy transition: Market-leading tools for property portfolio transformation.
Improved decision-making: Through advanced data analysis and risk assessment frameworks, enabling faster and better decisions.
Support for green finance: With heightened scrutiny on data security and regulatory compliance, the partnership ensures total data transparency, objectivity and strict adherence to industry standards for green finance.
"Banks across Europe face major challenges in adapting their data and processes to the new, stricter regulatory requirements. At the same time, green finance is a rapidly growing market and contains enormous opportunities. By harnessing the power of partnership, we are poised to revolutionise green financing methods and pave the way for a greener, more resilient future," says SkenarioLabs CEO and Co-Founder Topi Tiihonen.
