The ESG end-to-end approach from msg Plaut
ESG (Environment, Social, Governance) can be seen as the paradigm shift of recent decades. A transformation that affects all sectors simultaneously and, in addition to regulatory requirements, also puts our understanding of business to the test.
Companies and the financial industry need to take action for the following reasons:
- Timely preparation and long-term fulfilment of regulatory requirements
- Utilisation of the changed competitive conditions.
- It quickly becomes clear that ESG influences all areas of a company and must be considered holistically. This is exactly where our consulting approach comes in!
We therefore see the implementation of these 5 key factors as a necessity for an effective ESG transformation:
- Understanding the impact on the business model (incl. ESG vision and opportunities)
- Targeted organisational and strategic anchoring
- Creation of regulatory compliance
- Mapping and integration in the processes
- Decision-making, control, and planning security
Advantages of your ESG partnership with msg Plaut
ESG
requirements
- CSRD (Corporate Sustainability Reporting Directive) Report
- EU-Taxonomy
- SFDR (Sustainable Finance Disclosure Regulation) / PAI (Principal Adverse Impacts)
Technology
expertise
- Extensive experience in technology consulting
- Highest level of expertise in the implementation of wide-ranging IT projects
Project and change management
- Management of large-scale projects & programs
- Support for change processes & communication
Industry
expertise
- Many years of industry experience
- Implementation of numerous projects with financial service providers
- Knowledge of system architectures
- Process knowledge
Reporting
expertise
Banking & Insurances:
- IFRS 9 (International Financial Reporting Standards)
- IFRS 17
- Solvency II
- Advanced fast Close
- Regulatory reporting
- Basel III & IV
- ICAAP (Internal Capital Adequacy Assessment)
Our ESG services for you
A customised solution for implementing ESG requires industry expertise, extensive ESG knowledge and the right technology. Combining these three elements at msg Plaut, we have developed an ESG framework that can be used to effectively implement ESG.
By implementing ESG at these three levels, you can achieve a sustainable ESG transformation:
End-to-end ESG transformation
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6 Focus for insurance companies
Level I: Strategy & Organisation - Initial situation
The first step provides clarity about your specific ESG requirements and thus creates the basis for further steps.
Level II: Business units & offerings - realisation
This allows you to effectively integrate ESG into your core business and successfully implement it in your products and market presence.
Level III: Data & technology - further development
Defining the right data and selecting the right tools will help you to anchor ESG efficiently in your organisation.
msg Plaut as your ESG partner
- Flexible and customer-centric approach
- Holistically conceived end-to-end support
- Expertise from a single source
- Developed and formalized ESG vision
- Understanding of strategic and organizational implementation
- Clarity on key management KPIs affected by ESG
- Creation of regulatory compliance
- Defined and targeted measures for the core business
- Clarity about effects on the income statement in the assessment
- Knowledge of regulatory and end-to-end levers in the product landscape
- Implementation plan and technical advice
- Understanding of data requirements and data process
- Tool selection and technical mapping
- Clarity about governance, roles and potential for improvement
- Support with ESG report preparation
Unsere nachhaltigen Lösungen für Sie
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SAP Sustainability
Control Tower
Use SAP Sustainability Control Tower to create a central register for your company's environmental, social and economic efforts and ensure that there is only one point of information.
Climate Stresstesting
as a Service
Our Climate Stress Testing as a Service offers the possibility to integrate dynamic requirements for data (sources) and at the same time keep pace with the further development of climate stress testing.
easy!sustain
Our easy!sustain solution provides the information required for a legally prescribed sustainability report. The collected data and improvement potentials are in line with the legal requirements.
Contact us!
Tamara Elisabeth Meiböck
Lead Consultant in ESG, Certified Expert in Sustainable Finance