Nitro Solutions offers environmental advisory support to the financial services sector. Experienced in undertaking due diligence in matters specific to environmental, social and broader sustainability criteria we can provide advice to financial institutions, including banks, private equity funds and investors.
Financial Services
Challenges:
Business and particularly the finance sector are facing more challenges in the areas of environmental, social and ethics than ever before. The drivers for these challenges are originating from global policy changes, technological advancements and the marketplace.
These public challenges to investment decisions make it vital for the finance sector to understand the risk profile of the project and to ensure that effective operating strategies are in place to deliver sustainable operations in the long term.
Specifically, issues arise in three common areas:
- Lack of clarity on organisational strategy for sustainability.
- Inefficient external communication regarding sustainability activities.
- Unreliable information provided to stakeholders and investors.
Solutions:
Nitro Solutions is experienced in working with our clients to support investment decisions in three critical areas:
Sustainability strategy
Our team at Nitro Solutions can assist you and your organisation with the identification of practical sustainability strategies that integrate social, environmental and corporate criteria in the investment decision-making process.
Reporting
We work with you to develop an efficient and transparent communications process in matters related to sustainability. This is a critical governance element which ensures that the potential for reputational risks are reduced. Nitro Solutions can assist investors and other financial institutions to identify and design their reporting requirements and the environmental management systems which underpin these processes. Depending on your organisational requirements we can deploy many standardised processes, including but not limited to:
- Global Reporting Initiative (GRI) reporting
- Principals for Responsible Investment (PRI) reporting; or
- Environmental, Social and Governance reporting.
Compliance
Nitro Solutions can provide support to organisations committing to international reporting initiatives, including with the provision of internal auditing for improvement purposes.