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June 19, 2023

How TIS Operations Support Global ESG Initiatives

At TIS, we are committed to integrating ESG principles into our core values and operations. Our mission is to provide innovative financial software solutions while also upholding the highest standards of diversity and inclusion, business ethics, anti-corruption practices, and regulatory compliance.

TIS & Treasury ESG Standards

Modern ESG initiatives consist of three pillars: Environment, Social, and Governance. Together, these aspects form a framework that is used to help evaluate a company’s performance in terms of long-term sustainability and well-being. Many investors are looking for carefully planned, forward-thinking programs in all three areas. ESG helps bring relevant financial and non-financial business risks and liabilities to the surface so that customers can make more informed decisions and more sustainable investments.

  • ESG is a system of risk-based evaluation criteria that makes the company’s sustainability performance and risk interpretable for the financial and investing world. At the end of the process, the company is provided with a rating like a credit rating. Such a classification creates a clear and unambiguous decision for investors – according to their investment policy, they can decide whether to invest in a particular company.
  • ESGs of some large global companies are evaluated regularly and automatically. Smaller companies need to request the evaluation. An ESG rating is particularly recommended if a company wants to appear in the capital markets, for example – if it wants to go public or is looking for institutional investors.
  • In recent years, international guidelines, and later standards (e.g. GRI Standards), have been published to improve and standardize the quality of reports. Current processes point to a standardization of reporting requirements.
  • In order to achieve Europe’s sustainability goals, it is essential that companies provide better data on their sustainability risks and their impact on people and the environment.
  • There are different forms of ESG reports; Non-Financial Reporting Directive (NFRD), Sustainable Finance Disclosure Regulation (SFDR), & EU Taxonomy. In the near future NFRD will be replaced by Corporate Sustainability Reporting Directive (CSRD).

Download the factsheet to learn how TIS supports global treasury ESG initiatives and what the impact of our efforts have been so far!

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