SIX, known as both a Swiss and Spanish Stock Exchange operator and a global financial information provider, and Greenomy, a leader in ESG Reporting, have announced a strategic partnership. This collaboration aims to streamline ESG reporting processes for financial institutions and issuers across Swiss and Spanish markets.
The core objective of this alliance is to facilitate efficient compliance with ESG frameworks for companies and financial institutions. This partnership is expected to enhance sustainability performance measurement and unlock green finance opportunities, showcasing a commitment to environmental, social, and governance (ESG) standards.
SIX excels as an ESG product provider, offering data, regulatory risk content services, and analytical solutions. These services enable sustainable and compliant operations, fostering sustainable investment decisions. Greenomy, on the other hand, emerges as a leading SaaS platform specializing in CSRD and EU Taxonomy reporting for corporations and financial institutions. Utilizing legislative codification, ESG data libraries, and Generative AI, Greenomy significantly accelerates and reduces the costs of sustainability reporting.
The collaboration between SIX and Greenomy focuses on an end-to-end ESG solution. This solution aids in aligning with European mandatory frameworks such as the CSRD and EU Taxonomy, as well as international frameworks like the ISSB and GRI. It ensures compliance and readiness for emerging standards, thereby promoting sustainability improvements.
The partnership signifies a major step in establishing SIX and Greenomy as leading providers in sustainable finance solutions. It addresses the complexity of various ESG frameworks, metrics, and regulations, demonstrating a shared vision for a sustainable financial future.
Marion Leslie, Head Financial Information and responsible for Sustainability on the Executive Board at SIX, said, “We are delighted to be partnering with Greenomy to create and deliver innovative sustainable finance solutions for the capital markets value chain.
“There is an ever-increasing demand for ESG software solutions, that can address and automate the analysis and reporting complexity challenges linked to pluralism of frameworks, metrics and regulation. With this partnership, we are enabling growth in the ESG segment and are establishing our firms as leading providers in the field.”
Alexander Stevens, CEO of Greenomy, stated, “With the emergence of ESG frameworks like the CSRD and the EU Taxonomy, European financial institutions and corporates are faced with multiple new challenges. Our partnership with Six goes beyond collaboration, it is a real convergence of shared visions.
“Through the innovative capabilities of our AI-driven Greenomy Portal, this partnership empowers institutions on their ESG reporting journey, enhancing both data collection and reporting efficiency. Together, we are not just advancing sustainability performance but actively shaping a sustainable future through our united strategic foresight.”
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