ClimatePartner expands solution portfolio for sustainable finance and insurance sector

ClimatePartner expands solution portfolio for sustainable finance and insurance sector

May 17, 2022
  • Detailed carbon accounting as a basis for climate action strategies, insight into ESG data and CO2 reduction 
     

  • New ClimatePartner location in Frankfurt am Main, Germany, and a growing team of experts

 

ClimatePartner is expanding its range of industry-specific carbon accounting solutions for finance and insurance companies, closing an important gap for climate action in the financial sector. With increasingly stringent guidelines around ESG reporting, financial service providers, banks, and insurance companies are increasingly required to take a closer look at their sustainability performance. Yet many companies have insufficient insight into where they generate the most emissions, how they can reduce them and to what extent they meet requirements of the sustainable finance market. 

As an expert in climate action, ClimatePartner has been enabling companies for the past 15 years to take climate action and reduce the impact of their products on the climate. Banks, insurance companies, investment advisors and fintech specialists can now also become active in climate action with a range of solutions specifically developed for their industry. They can tackle the carbon footprint of their business operations and offer more climate-friendly products and services. They can also improve their own sustainability rating, analyse portfolios for emission-intensive assets and use this information as a basis for certified reporting in the investment sector.   

Frankfurt am Main office emphasizes proximity to clients 

The expansion of its solution offering is accompanied by the opening of a ClimatePartner location in Frankfurt am Main, Germany, and a new dedicated Financial Services team headed by Julia Bewerunge. The team of currently 13 experts has extensive experience in the fields of sustainable investments, carbon neutral private equity portfolios as well as sustainably managed accounts and insurance policies through previous employment at companies such as KfW IPEX, SEB AB or Munich Re.   

Julia Bewerunge, Lead Account Management Financial Services, ClimatePartner: "You can only improve what you know inside out. Following this approach, ClimatePartner prepares detailed carbon footprints that form the basis for climate action strategies to reduce and offset CO2 emissions. We are continuously expanding the solution portfolio that builds on this basis with the aim of offering sector-specific solutions for the development of carbon neutral products across all areas of the financial sector."  

Moritz Lehmkuhl, Founder and CEO of ClimatePartner, sees the expansion of the solution portfolio as an important aspect in a holistic approach towards climate action: "The financial and capital market is a key element in climate action because it moves funds and resources that must be used as sustainably as possible. This is precisely where our expertise can help to make companies and their products more climate-friendly. The choice of Frankfurt as another ClimatePartner location in Germany is no coincidence. We want to send a message that we intend to be close to our customers and to the industry." 

Numerous companies from the finance and insurance sector are already working with ClimatePartner. These include Deutsche Bank, Edekabank, Gothaer Versicherung, as well as Vitruvian Partners, AXA, Signal Iduna and many more.

 

For more information about sustainable finance at ClimatePartner, click here.