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Good afternoon everybody and thanks again for inviting us to the Italian-Norvegian Chamber of Commerce We are delighted today to explain you about the synesgy platform launched from crif in the beginning of 2022 We had previously an introduction of the Crif company, made by my colleagues and now we ll go further in the explanation on the basis and features of the digital global platform for ESG assessment for companies and all the supply chain and it is addressed to both companies and financial institutions and players. Synesgy is the global digital platform that has principally the aim to guide the cultural shift of the transition toward a sustainable economy, as we’ll go to illustrate now. CRIF’S COMMITMENT TO SUSTAINABLE DEVELOPMENT The Crif commitment started around 2018 with two important European projects that analyses energy performance in correlation with credit risk and they are EEDAP and Energy efficiency mortgage iniziative With the partnership in this two projects CRIF started to collect and gather information, trought its business information bureau, about the environmental aspects of business activities that have a weight in the credit process. This partnership leads CRIF to start to create an own solution about ESG data, as was made starting in 2020 with the creation of the ESG repository, powered by an ESG digital portal. This turning point made clear for CRIF that a global digital platform was needed, to spread worldwide all the information collected, with strategical partners ( both in business and financial companies and International Instituions) . Infact we have to mention that Synesgy is a member of important international organizations such as UNGC, GRI and ASVIS. We have to mention also the TransparEEns project that started in 2021 and just confirmed last week its partnership with Crif, to collect information in order to create a rating that can include the KPIs about energy efficiency in an ESG rating. So we arrive in 2022 when Synesgy was launched, as a digital global platform that could be a very usefull and powerfull tool for all the actors that are involved in the sustainable transition. SLIDE SYNESGY A GLOBAL DIGITAL PLATFORM - So what is Synesgy? Sinesgy is basically a digital global platform that is set to give to companies and to the financial market the possibility to have a guide toward the transition to a sustainable economy, as we want to underline. With providing a tool that can assess ESG performance of businesses, starting from the company leaders and following the process along all the supply chain, Synesgy can integrate and provide Esg performances with data and information, realizing its vision of carrying out/ an assessment about the Esg pillars, in order to manage and communicate the sustainable activities of the business, that could be demonstrable compliant with the ESG Criteria. SYNESGY AT A GLANCE Nowdays and in only six months from the launch, Synesgy platform at a glance is present in more than…40 countries, 4 continents, translated in more than 20 languages and this was made also thanks to strategic partners worldwide (that are around 25) and that allow to Synesgy to localize the solution in a specific market or country, maintaining at the same time its globally soul. GRI 204 – PROCUREMENT PRACTICE The business model of Synesgy relies strongly about the concept of supply chain and that is way now here is made an example taken from the GRI 204, about the procurement practice… In fact it is founded and widely recognized that around the 90% of business activities impacts are stimulated and produced by the supply chain. For this reason Synesgy studied a model that starting from the Head of supply chain, can provide an ESG assessment to the leader company and along all the supply chain and that allows to measure and monitor and managing all the procurement practices with suppliers, according with the 204 Principle of Gri. It is well established, in fact, that only trough the management of ESG performances of the supply chain, the leader companies can conduct a right procurement practice, due to two main level: REGULATION ( mandatory in CSRD normative along all the supply chain ) and reputation, as we all well know nowadays that having a strong sustainable DNA allow companies to gain better financial returns, especially orienting them on a long-term vision and objectives of the business. That is way is now fundamental to integrate ESG strategy in all the companies activities and along all the supply chain. This concret strategy, that includes data and information, provided by Synesgy platorm is today the more winning solution and tool to assess and manage all ESG factors, trough all the supply chain. GRANULARITY OF DATA The other important aspect to underline is about the “granularity of data” that are collected and provided through Synesgy. Infact it is well known the importance to have available solutions about open ESG data and they are developing quickly in the market, with the aim to provide granularity data about sustainability as it is needed to measure Esg criteria of businesses. The other reason of measuring “granularity data” is that some normative frameworks, starting from the EU taxonomy, can’t provide at the moment the right frame to catch them (as it is underlined in the TrasparEEns project). So a digital solution like Synesgy it is needed to gather in the most exhaustive way the informat about Esg performances. PROBLEM STATEMENT AND BUSINESS IMPACT In this framework Synesgy aims to help companies to face the challenges toward a transition to sustainability, improving their business results and ESG performance, and here some examples of the business impact that trought the platform are provided. Companies, in fact, have experienced more resilient supply chains, reduced costs, and new business opportunities. Starting from the business impact side, trought Synesgy a company: • can asses its own ESG performance • Understand how the sector of the company he belongs to is positioned and how is performing • Identify exiting gaps and improving areas, trought specific actions (tools action plan) The business benefits that are reached trough the Synesgy methodology are about: • Monitoring and managing supply chain, operational and reputational risks, that allow to a reduction of costs • Increase the efficiency of all the process, while stimulating innovation about products and services This allow to attract more investments and financing opportunities and give the chance to create new business partnerships. In the Synesgy framework Companies can experience tangible transformational results, in the field of: - COMPLIANCE WITH REGULATION - REPUTAION (INCREASING) - PROFITABILITY (BETTER AND LONG TERM FINANCIAL RETURNS, AS INTRODUCED BEFORE) Regarding its metodology and framework, Synsegy provides an assessment trough a questionnaire that is splitted in 5 macro- areas and where two of them are related with the business and industry aspects, while then we find the 3 pillars about esg Relys on SDG, GRI, as we saw before, and others country specific regulations and with localized solutions on the specific market… It is important to underline, in fact, that local normative and framework are taken into account, in the questionnaire, as for example the Eu Taxonomy in Europe or other localized regulations as in other countries, as for example the deutsche regulation about supply chain. The questionnaire, provided in a simple and intuitive way trough the platform that allows leaders companies to invite suppliers, can be done in almost two hours and deciding to full fill it in separates moments. Also to give the chance to companies and suppliers to find the appropriate answers and documentation to upload in it. In the business section are required information about ESg strategies of the company (if there are) and another important section is about the ESG risk management of the company…then other information are required about R&D, digitalizations and others… After that we move on the 3 pillars ESG , where in the Environmental section are required: - Information about energy consumption, water and waste management of the companies - Other information about the method to value environmental performances and relative kpi - Certifications In the pillar about Social, some example of issues that are investigated in the questionnaire, are: - Personnel management - Certification and legislation - Stakeholders relations - Territory relations In the section dedicated to the last pillar of the Governance, are required and analysed information about: the structure of the board and its balance, the relationship with stakeholder and the avoiding or reducing of negative events or legal conflicts. Also in this section are required certifications eventually obtained by the company and the compliance with legislations. About the Industry: When the company register on the platform, to complete the questionnaire, it has to declare the sector who belongs to, so now in Synesgy we are able to cover with 35 macro-industry sectors in the main productive industry fields, to make sure the company coul provide specific ESG information according to the type of activity. They are also aligned with the benchmark of the sector. This is possible because of the references that we saw before and on which the questionnaire is built: So we have for example GRIs and SDG that are linked in the specific macro-section or in the module of the sector industry… SLIDE 35 SECTORS Here a slide to give you the overview about the 35 industry specific questionnaire that Synesgy can provide and it cover for agriculture for example…to wood…non metal production, wholesail and retail, chemical and so on….