CRIF has been named in the ESGFinTech100 for the second year running. This recognition highlights CRIF’s commitment to driving sustainability in financial services through its combined solutions: ESG Analytics and Synesgy.
The announcement follows the release of CRIF’s Banking on Banks report, which explores the growing importance of ESG credentials for financial service providers. The report offers key insights to help financial providers align their services with the values and expectations of both current and prospective customers.
CRIF’s ESG Analytics enables banks, insurers, and corporates to gain a clear, comprehensive view of ESG compliance across their companies, customers, and suppliers, driving innovation and informed decision-making.
Operating across the UK and all EU-27 countries, organisations can integrate CRIF’s automated ESG insights into their core processes to evaluate transition, physical, and environmental risks, in compliance with regulatory frameworks. These insights are derived from over 140 proprietary key indicators, sourced from both public and private data.
Complimenting ESG Analytics is Synesgy, CRIF’s global digital platform for ESG (Environmental, Social, and Governance) sustainability assessment. It is used globally by companies to share ESG performance, supply chain managers to evaluate suppliers, and financial institutions to assess ESG risks and opportunities.
Through a self-assessment questionnaire, companies receive an ESG Score, certificate, benchmark, and tailored action plan. These outputs help companies gain awareness of their sustainability KPIs, share their performance with peers, and improve market positioning.
Since 2022, the European Banking Authority (EBA) has introduced the Green Asset Ratio (GAR), to measure banks' commitment to sustainable transformation on total assets.
For both banks and insurance companies, ESG analysis is becoming a critical and decisive component of financial assessments driven by investors, regulators, and corporations.
Completing an ESG questionnaire enables financial players to guide lending strategies toward more sustainable, responsible, and transparent companies.
Every year, Synesgy releases the ESG Global Observatory, a report that analyses ESG trends across more than 500,000 companies in 161 countries. The latest edition, released in October, revealed that companies without an ESG certificate experienced more payment delays than certified ones, demonstrating the certificate’s predictive value for payment behavior and resilience. This analysis, conducted via CRIF’s iTrade Program, also showed that companies with a Synesgy Certificate maintained a 50% lower commercial risk level compared to non certified companies (in respect to the beginning of the year).
A panel of leading analysts and industry experts evaluated more than 600 ESG technology providers to select this year’s finalists. Data and research from FinTech Global supported the assessment process, with selections based on each company’s ability to address significant industry challenges, deliver measurable ESG impact, and contribute to long-term sustainability improvements.
