Climate Change Data

Prometeia S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Renewable Energy Share:5% (plus additional renewable energy from electricity supply contract)

ESG Focus Areas

  • Ethical business management
  • People's value
  • Technological innovation
  • Dissemination of financial culture and sustainability

Environmental Achievements

  • LEED® Gold certification for Bologna headquarters, reducing water consumption by 45% and energy consumption by 30.7% compared to a standard building of the same size.
  • Offsetting the printing of 1.7 million pages of standard print through reforestation with 205 standard trees.
  • Reduced the number of physical servers required by 70% through virtualization, resulting in significant power savings.

Social Achievements

  • Launched the internal contest "PromNext: Generative Prometeia", collecting 96 innovation projects in the Generative AI field.
  • Provided over 63,000 hours of training, an average of 57 hours per employee.
  • Supported various charities focused on children and families in need.

Governance Achievements

  • Implemented new whistleblowing procedures in compliance with Legislative Decree No. 24/2023.
  • Adopted a Code of Ethics in 2017, amended and supplemented since then.
  • Joined the UN Principles for Responsible Investment (UN PRI) in 2015, UN Global Compact in 2018.

Climate Goals & Targets

Long-term Goals:
  • Achieve Net-Zero emissions at Group level by 2050.
Short-term Goals:
  • Submit sustainability disclosures in compliance with the Corporate Sustainability Reporting Directive (CSRD) by 2025.

Environmental Challenges

  • Deep geopolitical tensions impacting the economic climate.
  • The increasingly tangible effects of climate change.
  • Supply chain risks associated with non-responsible supply management.
Mitigation Strategies
  • Continued investment despite market complexity.
  • Incorporation of ESG & Climate Risk into research activities and client services.
  • Development of a questionnaire for ESG monitoring of Prometeia's supply chain (to be implemented in 2024).

Supply Chain Management

Responsible Procurement
  • Suppliers are required to sign the Code of Ethics.
  • ESG monitoring of supply chain to be implemented in 2024.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 27001

Third-party Assurance: BDO

UN Sustainable Development Goals

  • 13
  • 7
  • 12
  • 15
  • 8
  • 4
  • 10
  • 5
  • 16
  • 17

Prometeia contributes to the achievement of the 17 Sustainable Development Goals (SDGs) of the United Nations 2030 Agenda.

Sustainable Products & Innovation

  • Climate Risk assessment solutions
  • ESG consultancy software components

Awards & Recognition

  • RiskTech100 2024 – Top 20
  • RiskTech100 2024 Category Leader Model Risk Quantification
  • Risk Technology Award Best ALM of the year
  • Risk Technology Award Model Validation Service of the year
  • Chartis RiskTech Quadrant Category Leader ALM Technology Systems
  • Chartis RiskTech Quadrant Category Leader Physical Risk Modeling Solutions
  • Chartis RiskTech Quadrant Category Leader Transition Risk Modeling Solutions
  • Chartis RiskTech Quadrant Category Leader Credit Portfolio Management Solutions
  • Chartis RiskTech Quadrant Category Leader Model Risk Governance Solutions
  • Chartis RiskTech Quadrant Category Leader Model Validation Solutions (Credit)
  • WealthTech100 Tech Pioneer by FinTech Global
  • WealthBriefing Swiss Award 2023 Risk Management Solution
  • WealthBriefing European Award 2023 Risk Management
  • AI FinTech100 by FinTech Global
  • LSEG Data & Analytics Global M&A Advisory (Small-Cap section)