impak Finance provides a data analytics platform that utilizes artificial intelligence to deliver actionable impact data and regulatory compliance tools for financial institutions and corporations. This enables clients to make informed, sustainable decisions while managing long-term risks associated with environmental, social, and governance factors.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and corporations face increasing pressure to make sustainable decisions and manage long-term risks associated with environmental, social, and governance (ESG) factors, but often lack access to comprehensive and actionable impact data. Traditional ESG data focuses on mitigation efforts, while stakeholders are increasingly demanding transparency regarding positive and negative impacts on society and the environment. Furthermore, navigating complex and evolving regulatory reporting requirements, such as CSRD and EU Taxonomy, presents a significant challenge.
Solution
impak Finance offers a data analytics platform that leverages artificial intelligence to provide financial institutions and corporations with actionable impact data and regulatory compliance tools. The platform delivers insights into both financial and impact materiality, enabling clients to make more sustainable-oriented decisions focused on long-term risk management and opportunities. It covers traditional ESG data, complemented by impact data, to provide a 360-degree view of a company or portfolio's risks and impacts. The SaaS platform offers modules for impact assessment, regulatory reporting (SFDR, EU Taxonomy, CSRD), thematic analysis (climate strategy, E&S governance), and impact-based indices.
Target Audience
The primary customers are financial institutions (asset managers, asset owners, private equity firms, wealth managers, banks) and corporations (listed companies, private companies across all sectors) seeking to integrate impact data into their decision-making processes and meet regulatory reporting requirements.
Features
- AI-powered data analytics for identifying and quantifying positive and negative impacts on society and the environment.
- Double Materiality Assessment Tool aligned with international standards and reporting frameworks.
- Regulatory modules for SFDR, EU Taxonomy, CSRD
- Double Materiality Module, and CSRD
- Supply Chain SDG Alignment.
- Thematic modules for Climate Strategy, E&S Governance, and Alignment with External Commitments.
- Impact Statement (IS) and impak SDG Alignment (iSA) solutions.
- ESG Controversy News Monitoring.
- Automated Data Collection.
- Activity and Indicator Taxonomy.
- Impact Data Ready for Business Intelligence.
- Recommendation Engine.