Elevating ESG Governance and Investor Confidence in Financial Services
Challenges
As a financial leasing leader, Tower Leasing needed to respond to increasing stakeholder demand for ESG integration, especially from investors and partners.
Their challenges included:
Increasing investor Pressure: Critical investments were contingent on ESG reporting compliance, with tight deadlines.
Lack of ESG Governance: No structured ESG framework within the company. Lack of ESG knowledge and resources.
Risk Management Weaknesses: Difficulty in embedding ESG risk factors into their existing processes.
Solutions
i-Prove provided a comprehensive solution for Tower Leasing:
Customised, fully managed ESG Reporting: Developed an ESG report tailored to the specific needs of investors, ensuring full compliance and transparency.
Risk Management Integration: Conducted detailed ESG risk assessments and offered mitigation strategies to strengthen Tower Leasing’s risk management framework.
ESG Governance: Helped establish a dedicated ESG governance structure, integrating ESG into all levels of decision-making within the organization.
Benefits
Investor Confidence Boost and Secured £27m Investment: Tailored ESG reports met investor demands, leading to the successful securing of critical funding.
Improved Risk Management: A more holistic risk management approach was achieved by incorporating ESG factors.
Streamlined ESG Governance: Tower Leasing now has a clear understanding of its ESG performance baseline, with guidance on the key data to collect, clear targets to set, and the ability to track and report ESG progress continuously for future reporting periods. This ensures consistent improvement and ongoing compliance.
"i-Prove's hands-on approach transformed our ESG governance and enabled us to meet pressing investor demands. Their detailed risk assessments and customised ESG reports allowed us to secure vital funding while embedding sustainable practices into our everyday operations."
