Both customer-owned and Software-as-a-Service solutions are available and include personalized training and to ensure an optimum utilization of the tools.
EC&D offers PHAROS our proprietary impact measurement platform for investors. It includes the most common indicators for climate, water and SME investments. EC&D can also translate your business needs into a web application specifically tailored to your needs. The company is committed to the development of harmonized sustainable investments strategies. It is member of the Swiss Standards Organization (SNV) and actively contributes to the development of Sustainable Finance ISO standards.
Related Frequently Asked Questions
Some standard E&S management software exist in the market, however, these are usually targeted to companies in the construction and extractive industries. They very rarely they respond to the needs of financial institutions that need to keep track of the E&S activities of their portfolios. EC&D offers customized solutions, with a special focus on E&S standards used in development finance such as IFC Performance Standards and Equator Principles.
Governments that implement Minimum Energy Performance Standards (MEPS) and Energy Labelling programs offer this information to their citizens through Product Registration System (PRS) software platforms. These web applications enable a seamless integration of product registration by manufacturers, monitoring activities by the governments and awareness raising activities for the general public. EC&D can develop custom-made PRS software to suit the needs of specific country legislation.
The first step is to perform a comprehensive review of processes to gain efficiency and eliminate waste. EC&D personnel is specialized in applying Lean Six Sigma methodologies in service-oriented organizations. Once the optimum process has been established, our software architects will design a customized application, either web-based for interaction with external stakeholders or intranet-only. Stand-alone application development and Software-as-a-Service solutions are available.
As Financial Institutions face increasing pressure from clients and shareholders to move beyond “do-no-harm” or screening activities to “do-good” or achieve a positive impact, the complexity to assess, monitor and report these activities increases substantially.
Climate Finance is particularly complex for financial institutions as it involves technical and engineering aspects that go beyond the core activities of a Financial Insitution.
EC&D provides specialized services that address the design of green lending portfolios, impact reporting and monitoring of climate investments. The company has contributed to the development of ISO 14097, which establishes a framework for assessing and reporting investments related to climate change.