Audience
Synesgy is the digital and global platform, born from the alliance between CRIF, CRIBIS and a network of strategic partners worldwide, to collect and manage corporate sustainability information.
Using a questionnaire in line with international standards such as the UN 2030 Agenda, the United Global Compact and the EU Taxonomy, the Synesgy platform enables Corporates, SMEs, Banks and Insurance companies to assess their own sustainability and verify the ESG performance of their customers and suppliers.
For many companies, ESG analysis is becoming a critical and decisive factor in evaluating business partners, especially in the context of continuing collaboration, acquiring new clients, or financial activities carried out by investors.
With ESG data, the assessment of an individual enterprise is not only based on financial statements and accounting information but also on non-financial factors related to the company's values, identity, and strategies from the perspective of environmental protection, ethics, and social responsibility.
Synesgy enables, with a particular focus on SMEs, the self-assessment of their sustainability practices, identification of strengths and areas for growth, and the implementation of concrete steps towards sustainable transformation, which enhances their market competitiveness.
Therefore, it is extremely important for sole traders and SMEs to conduct an ESG analysis by filling out a questionnaire aligned with GRI standards on the Synesgy platform. This allows potential and current partners of these businesses to engage in responsible and sustainable collaboration.
Self-certification on the Synesgy platform is automatically considered if a client requests the ESG score of a sole trader/SME or adds the company to their monitored supply chain on the platform.
Since 2022, the European Banking Authority (EBA) has introduced the Green Asset Ratio (GAR) indicator, which measures banks' commitment to the sustainable transformation of their asset portfolios. Therefore, the ESG dimension of sole traders and SMEs is becoming increasingly important from the perspective of financing and the development of this business sector.
For supply chain managers, the market and regulations require monitoring and managing the sustainability of all partners in the value chain. This makes it essential to monitor and report on the entire supply chain, and consequently, all suppliers whose actions have a significant impact on the entire production process.
Synesgy enables the assessment of a sustainable supply chain through useful tools that companies can integrate into their procurement processes. These tools allow for the qualification and evaluation of supplier lists from a sustainability perspective as well.
With its clear dashboards, the Synesgy platform allows users to analyze how suppliers worldwide gather information on various ESG performance indicators and simultaneously generate sustainability reports for companies within the value chain. Monitoring the value chain on Synesgy is particularly effective for global supply chains.
Since 2022, the European Banking Authority (EBA) has introduced the Green Asset Ratio (GAR), which measures banks' commitment to the sustainable transformation of their asset portfolios.
For both banks and insurers, ESG analysis has become a critical and decisive element in financial assessments made by investors, regulatory bodies, and corporations.
Therefore, it is extremely important to conduct an ESG analysis by filling out a questionnaire that enables financial entities to steer their credit strategies towards more sustainable, responsible, and transparent companies.