Carbon and ESG Assessments: Franco-German Green Technology Plan A launches the first SaaS tool integrating environmental, social and governance factors for financial institutions and venture capital firms.

In the EU and UK, major ESG reporting regulations now affect more than 75% of European companies.. Regulations such as the EU Taxonomy or SFDR and the reporting frameworks associated with them are evolving faster than ever, transforming non-financial data into essential business information. In addition to environmental aspects (E), the focus is increasingly on social factors (S) and corporate governance (G).

Turn sustainability data into positive business results

In order to simplify and standardize sustainability reporting for financial institutions and venture capital firms, Plan A has developed a new SaaS tool that responds to the challenges of ESG management in order to Reduce reporting time and securely communicate a 360 ° view of environmental impact. The module automates the measurement, analysis and reporting of ESG performance, providing a central platform for data management and reporting, saving time, money and expense. Sustainability managers within financial institutions and venture capitalists can finally control the reporting process with their subsidiaries, their portfolio companies and the footprint of their suppliers through the Plan A platform. This minimizes data collection and analysis efforts while allowing managers to focus on maximizing ESG impact.. Reporting requirements can be customized or follow internationally recognized standards.

The new ESG module: a first step after the recent Series A funding

Plan A successfully closed its $ 10 million Series A funding round in early November 2021, just six months after its initial funding in March. In line with its mission, which is to provide companies with the tools they need to By turning sustainability data into positive business results, the technology company is using these new funds primarily to deepen the calculation engine and machine learning capabilities of the SaaS platform.. It will also develop the carbon emissions Scope 3 decarbonization and calculations tool for different sectors. In addition to the existing functionalities (detailed accounting of companies’ carbon footprint and decarbonation planning, custom modules) Plan A now launches a performance measurement, analysis and reporting tool IS G. It will be continuously developed to extend it to new sectors, take into account all existing regulations and anticipate future regulatory changes.

Plan A continues its international expansion

Franco-German green technology will also continue its international expansion, so the current locations in Berlin, Paris and Munich will be followed by others in the coming year. Additionally, local teams continue to grow exponentially, especially in the areas of data engineering and software development.

The regulatory pressure that is exerted is increasing. Investors, employees and consumers are placing increasing importance on companies reporting their ESG impact and developing sustainable business models in line with their values. Our goal is to support them in this transformation process with innovative and digital tools. Therefore, we are proud to announce the launch of our new ESG module to provide financial institutions with a transparent 360-degree overview of their environmental, social and governance impact, allowing them to stay ahead of legislation, reduce risks and boost their sustainability. transformation.

Nathan Bonnisseau, Co-founder of Plan A