customer stories

Euroclear's Testimonial: How Greenomy Simplified CSRD Reporting

Euroclear, a leading global provider of Financial Market Infrastructure services, is using Greenomy’s Company Platform to streamline sustainable finance reporting and navigate complex regulations.

About Euroclear

Euroclear is a leading global provider of Financial Market Infrastructure services, with its headquarters located in Brussels, Belgium. With over 4,000 employees and offices worldwide, Euroclear specializes in settling domestic and cross-border securities transactions, safekeeping investments, and managing the risks and exposures arising from transactions.

Euroclear's mission is to make it easier for its clients to settle securities transactions and safeguard their investments, while also helping them manage the risks and exposures associated with their transactions.

The Challenge

Euroclear faced challenges in gathering and structuring unorganized data spread across different systems. This made it difficult to feed ESG metrics calculations and comply with complex EU Taxonomy regulations. Furthermore, Euroclear relied on external advisors to interpret and meet sustainability frameworks. This was a time-consuming process that left the company uncertain about whether they understood the regulations correctly.

“Since we started to use the Greenomy solution, we have found the platform to be easy to use and well-structured. The Greenomy solution really helps to guide us through the regulation, screen our eligible activities, and generate new disclosures.”

Anne Biot

Director of Accounting Policies and Reporting at Euroclear

The Solution

Greenomy's solution helped Euroclear create a centralized datalake of ESG data, streamlining its process for calculating and validating EU Taxonomy metrics through the Greenomy Company Portal. This has saved Euroclear a significant amount of time and improved their reporting accuracy. Additionally, with our user-friendly and comprehensive solution, Euroclear was able to better understand the requirements related to sustainable finance reporting and generate their reports more efficiently.

The platform provides human expertise to resolve any queries instantly, and built-in resources with step-by-step guides and direct access to EU Taxonomy/ CSRD definitions, requirements, and thresholds.