EU Taxonomy
Assess the EU taxonomy alignment of your clients and investments thanks to the most advanced digitalisation tools and workflows.
Understanding the EU Taxonomy
The EU Taxonomy is the European Union’s framework to classify and benchmark economic activities based on their environmental sustainability. As the financial sector seeks more clarity on ‘green’ investments, the EU taxonomy serves as a gold standard to guide investment decisions and ensure transparency.
EU taxonomy is just the first of a multi-country move to develop green dictionaries. Track here the different regulations we are following.
Implications and Value for the Banking Sector
Regulatory Alignment
Banks are increasingly required to disclose their sustainability credentials. The EU Taxonomy provides a standardized framework to facilitate this.
Risk Management
As environmental risks become financial risks, understanding and integrating the taxonomy allows banks to better manage potential future liabilities.
Sustainable Product Development
For banks looking to develop green financial products, the taxonomy offers clear guidelines and benchmarks.
Solution for the Banking Sector
Tailored Data Solutions
Align with the EU Taxonomy’s data requirements with Amalthea’s specialized tools designed for alignment and compliance.
Integration Expertise
Seamlessly incorporate the taxonomy into your existing infrastructure with our dedicated features and integration solutions. This simplifies your GAR calculation duties.
Consultancy Services
Our seasoned experts and AI tooling provide relevant support and automation to help your institution navigate and implement the intricacies of the EU Taxonomy
Understanding the EU Taxonomy
The EU Taxonomy is the European Union’s framework to classify and benchmark economic activities based on their environmental sustainability. As the financial sector seeks more clarity on ‘green’ investments, the taxonomy serves as a gold standard to guide investment decisions and ensure transparency.
As the banking landscape continues to embrace sustainability, Amalthea remains dedicated to guiding professionals through regulatory complexities, ensuring robust, transparent, and sustainable financial practices.
Contact us if you want to know more and/or visit the official EU taxonomy pages here.
Borrower Portal – Functional focus
Fully digitalised Taxonomy & Assessment workflow
Borrower Portal
- Task manager guides the borrower step by step in the taxonomy related data requirements
- At a glance view at the EU taxonomy related status of loans
- Easy communication with the account manager
- Possibility to provide feedback and update the Taxonomy Alignment metric reported and used for the general purpose loan
- Access documentation on Taxonomy providing more information on the metrics required by activity for each substantial contribution objective
- Single sign on
- Workflow driven task manager standardizes the process, and centralizes the taxonomy related data gathering for the loans
- At a glance view of the taxonomy related status of the loans
- Streamline communication between the customer and the account manager, and between the different personas within the bank (account manager, customer analyst, risk manager, etc)
- Control of the data provider and the certifier used for the loan
- Single sign on
Lender Portal
Use Case: Solving taxonomic alignment for project finance
Bank “A” wants to calculate Taxonomy alignment on a 430m EUR loan to Client “B” for a new electric subway line (Project Finance)
Problem
The taxonomy alignment on a use of proceeds loan is a complex and specific data point, based on the financed project or financed asset characteristics.
Solution
- Use the Borrower Portal to evaluate the alignment
- Workflow designs every step of the calculation process including requesting the needed documentation
- Banks can collaborate with the borrower to fill in specific steps thanks to a workflow open technology
Let’s Talk
For specialized support or further inquiries regarding the EU Taxonomy’s integration into banking operations, please reach out to our team.