Customer story
30.4.2024
5.6.2024

Fortino Capital switches ESG software provider to KEY ESG to improve submission-rate and data accuracy across the portfolio

Event Date:
linkedIn logoX Logo
world map with magnifying glass

About Fortino Capital

Fortino Capital is a leading B2B software venture capital and private equity firm with offices in Antwerp, Amsterdam and Munich. Fortino has 31 companies in its portfolio, ranging from start-up to scale-ups, based across northwestern Europe.

Fortino was looking to improve its data submission rate and accuracy to achieve its ESG goals

Fortino’s latest fund is Sustainable Finance Disclosure Regulation (SFDR) Article 9 and must therefore report on Principle Adverse Impact indicators (PAIs) according to SFDR. Alongside that, Fortino has additional D&I metrics which they choose to monitor for internal strategic reasons, such as board member diversity, diversity of the management team and employee net promoter score. In total, all portfolio companies of the four Fortino funds collect and report data on 33 metrics, with around 100 underlying data points.

The success of Fortino’s ESG strategy relies on their portfolio companies submitting a large amount of data. This is a particular challenge since many of the portfolio companies don’t have a dedicated ESG professional on the payroll. Fortino was aiming to reduce its portfolio’s carbon emissions – to this end they have a particular focus on data accuracy for their Scope 1 and 2 carbon accounting. Engaging and educating portfolio companies to deliver accurate carbon emission reporting became a significant drag on time and effort. Fortino therefore began searching for a software platform which could provide a simplified user-interface, and sufficient materials and support to streamline the process.

KEY ESG’s platform improves collaboration with portfolio companies

Fortino was already using an ESG software solution and had completed one year of reporting with that platform before moving to KEY ESG. Gilles Van Hulle, Legal Counsel at Fortino describes the reasoning behind this shift:

“Having completed our first ESG reporting campaign, we realised that the user-experience of the ESG software is of the utmost importance for maximised engagement with portfolio companies and high-quality output. KEY ESG is user-friendly and makes submitting data and ESG reporting easier for our portfolio companies.”

To find out what the outcome of Fortino's switch was, read the full case study HERE.

Navigation
Navigation

About Fortino Capital

Fortino Capital is a leading B2B software venture capital and private equity firm with offices in Antwerp, Amsterdam and Munich. Fortino has 31 companies in its portfolio, ranging from start-up to scale-ups, based across northwestern Europe.

Fortino was looking to improve its data submission rate and accuracy to achieve its ESG goals

Fortino’s latest fund is Sustainable Finance Disclosure Regulation (SFDR) Article 9 and must therefore report on Principle Adverse Impact indicators (PAIs) according to SFDR. Alongside that, Fortino has additional D&I metrics which they choose to monitor for internal strategic reasons, such as board member diversity, diversity of the management team and employee net promoter score. In total, all portfolio companies of the four Fortino funds collect and report data on 33 metrics, with around 100 underlying data points.

The success of Fortino’s ESG strategy relies on their portfolio companies submitting a large amount of data. This is a particular challenge since many of the portfolio companies don’t have a dedicated ESG professional on the payroll. Fortino was aiming to reduce its portfolio’s carbon emissions – to this end they have a particular focus on data accuracy for their Scope 1 and 2 carbon accounting. Engaging and educating portfolio companies to deliver accurate carbon emission reporting became a significant drag on time and effort. Fortino therefore began searching for a software platform which could provide a simplified user-interface, and sufficient materials and support to streamline the process.

KEY ESG’s platform improves collaboration with portfolio companies

Fortino was already using an ESG software solution and had completed one year of reporting with that platform before moving to KEY ESG. Gilles Van Hulle, Legal Counsel at Fortino describes the reasoning behind this shift:

“Having completed our first ESG reporting campaign, we realised that the user-experience of the ESG software is of the utmost importance for maximised engagement with portfolio companies and high-quality output. KEY ESG is user-friendly and makes submitting data and ESG reporting easier for our portfolio companies.”

To find out what the outcome of Fortino's switch was, read the full case study HERE.

Fill in the form below

Thank you! Your whitepaper is available to download below.
Download
Oops! Something went wrong while submitting the form.

Watch this content

Watch
Share
This is some text inside of a div block.

Contact us for a personalised demo of our powerful platform.

key esg collect data tab dashboard sample
Learning and Insights

Thoughts from our ESG experts

Marketing
Featured blog image
Article
-
2
min read

3 key takeaways from KEY ESG's COO on the rewards, responsibilities and challenges of sustainability reporting

Read more
Iola Hopkinson
Featured blog image
Customer story
-
2
min read

Urban Remedy uses KEY ESG to stay close to its customers and suppliers on sustainability values

Read more
Iola Hopkinson
Featured blog image
Article
-
4
min read

The benefits of benchmarking: everything you need to know about the ESG Data Convergence Initiative (EDCI)

Read more

Stay up to date with industry news and insights

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.