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FutureTracker has formed a strategic partnership with Zfolio which it says will enhance financed emissions reporting for financial services businesses.
The collaboration aims to empower financial services companies, particularly fund companies, to meet the growing regulatory and market demands for climate-related disclosures.
With increasing pressure on financial firms to commit to net-zero targets and transparently report their progress, the new partnership will provide financial institutions with tools to measure, track, and reduce their portfolio emissions.
The new partnership will see FutureTracker clients, particularly those in the banking, asset owner, asset management and insurance sectors, gain access to Zfolio products and services as part of their ongoing emissions monitoring and reporting.
FutureTracker Managing Director Fred Betley said: “Many financial organisations are now required to disclose their financed emissions across various asset classes, driven by emerging regulations and the need for greater transparency”.
Peter Howard, a Zfolio founder, added: “Measuring and managing the emissions generated by investments and lending is a complex process but growing in importance, both to meet stakeholder expectations and also to comply with international reporting regulations”.
Pictured top (l-r): Fred Betley and Peter Howard.
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