ELS Europe provides solutions and expertise to global leaders in business, financial and sustainability-related information, helping to deliver trusted data solutions and insights that enable transparency, efficiency and fairness across financial and non-financial markets.
ELS Europe’s expertise has assisted with the development of industry-leading data gathering and dissemination tools, natural language processing (NLP) and natural language generation (NLG). Such solutions are adopted to replace repetitive and mechanical tasks through automation or to identify patterns in large amounts of heterogeneous and unstructured data to aid human analyses.
Developments across the data management lifecycle include the application of XBRL, the open international standard for digital business reporting that allows unique tags to be associated with reported facts. The application of inline XBRL to the European Single Electronic Format (ESEF), the reporting format required by issuers on EU regulated markets and as required by the CSRD for sustainability-related data represents an advancement in the digital categorization of such data and significant improvement in the data management cycle.
ELS Europe’s Clients will use the European Single Access Point (ESAP) which offers a single access point for public financial and sustainability-related information about EU companies and EU investment products. This tool is intended to give companies more visibility towards investors and potentially open up more sources of financing for companies that have sound sustainability strategies and performance targets that they are demonstrating are being achieved.
ELS Europe’s financial sector Clients are on their unique journeys to improve their organisational structures in order to effectively manage climate and environment-related risks and to avail of opportunities. We support the performance of initial mapping of risk exposures, helping Clients to allocate responsibilities within their organisation and set initial key performance and risk indicators.
We conduct materiality assessments, advise on deployment of operational tools, and more. In light of the evolving demands of regulators and their customers, our financial sector Clients want to achieve a higher level of sophistication such as applying more granular information to their risk profile in order to achieve target-driven portfolio management.
ELS Europe is uniquely positioned through our experience and knowledge of regional and national supervisory & prudential requirements, and our practical approach and experience on strategic positioning and reporting to assist our Clients and help solve their key challenges through efficient and reliable sustainability-related risk management, supporting clear outcomes and deliverables including:
Developing a sustainability strategy that is robustly linked to our Clients’ business model with suitable forward looking KPI’s
Conducting materiality assessment for climate, environmental and social risks and opportunities that take account of interoperable risks and opportunities, such as across strategic planning, operations, market and credit, insurance or investment risk areas, as relevant
Establishing good governance on risk appetite, such as preparation of a risk inventory, establishment of key risk indicators, and development of a risk appetite statement (RAS)
Preparing internal risk reports, data governance procedures and related management
Developing a company-wide risk management framework that incorporates environmental and social risks, support capital adequacy assessments, evaluates suitable risk mitigation measures and quantification of risks and opportunities
Evaluation and mitigation of associated strategic, operational, market and credit risks such as liability risks, reputation risks, business continuity risks
Implementation of good practices such as on investment processes and portfolio monitoring to manage identified risks, and avail of opportunities
Our focus is on taking a coordinated approach to the collection and analyses of underlying company data needed to assess and manage our Clients material risks and to ensure the best practices applied are reflected in our Clients disclosures. In this regard, our Solutions help our Clients at organizational level to:
At business line or portfolio level to: