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The banking group faced several critical challenges:
A global banking group with over 100 million customers, operating in more than 160 countries and employing over 200,000 people, sought support to enhance their ESG stress testing, modelling and embedding of reporting frameworks.
The bank recognised the need for comprehensive ESG strategies to manage climate risks and ensure sustainable growth.
Org was appointed to develop and implement a comprehensive ESG strategy for the banking group.
The solution included several key components:
Org developed a comprehensive strategy based on the bank’s publications on ESG, Sustainable Finance, SFDR, EU Taxonomy Regulation, and the Circular Economy. This strategy provided a clear roadmap for the bank to manage ESG risks and opportunities.
Org built a robust reporting framework, this ensured that the bank’s ESG disclosures were transparent, consistent and aligned with global standards.
Org worked with senior management to understand the climate risks facing the organisation and identify areas where value could be added. Based on the bank’s risk appetite, Org developed a three-year ESG strategy that included stress testing, scenario analysis and modelling.
Org supported the bank’s ESG team in embedding the developed reporting frameworks into their operations. This included integrating the frameworks into existing processes and ensuring that all relevant data was accurately captured and reported.
Org’s partnership with the global banking group led to the successful implementation of a comprehensive ESG strategy. By developing robust stress testing, modelling and reporting frameworks, Org enabled the bank to effectively manage climate risks and enhance their ESG performance. This case study highlights the value of expert advisory services in driving sustainable growth and operational excellence in the financial sector.
Org’s support led to significant advancements in the bank’s ESG capabilities:
Org assisted the bank in implementing a comprehensive climate risk management framework. This framework enabled the bank to monitor and report progress on ESG initiatives effectively.
Org performed ESG assurance for the client, increasing confidence in their ESG disclosures within their reporting. This included categorising the bank’s three scope emissions and providing detailed supply chain disclosures.
Org recommended solutions to further improve the bank’s ESG performance and reduce climate related risks. This included supporting the bank’s ESG ambitions through sustainability integration throughout the supply chain and identifying financial risks across portfolios.
Org helped align the bank’s financing strategies with sustainability priorities to ensure ongoing capital access by 2030. By leveraging sustainable finance products and ESG strategies, the bank accelerated its journey towards sustainability.
