BPER Group adopts GFT's ESG "Taxonomy Alignment Tool" as part of its sustainable credit development program

BPER, one of Italy's leading banks, has adopted GFT's Taxonomy Alignment Tool (TAT) to manage the labeling process of green loans in credit granting.
Through its integration with the European Taxonomy, TAT provides strategic insights for sustainability reporting, reducing risks associated with non-compliant practices and promoting transparency and accountability in the financial sector. This enables banks like BPER to comply with European regulations and meet the growing demand for sustainable financing from customers.

Objective ESG Evaluation

TAT classifies corporate investments according to the criteria of the EU Taxonomy, ensuring an objective assessment of the ESG objectives and reducing the risk of practices that are not genuinely sustainable

Compliance-Ready Reporting

The tool enables the bank and its clients to quickly obtain the necessary information to qualify their investments as "eco-sustainable," facilitating the disclosure of KPIs and generating reports to ensure compliance.

Transparency for Clients

TAT enhances customer experience by providing transparency and tools to access sustainable investments. Through the Taxonomy Alignment Tool, BPER offers expert support for projects aligned with the EU Taxonomy.

Banking
BPER Group
BPER Group was established in 1992 by initiative of BPER Banca, with the goal of creating an entity where member banks could leverage the synergies of a large Group.

BPER Banca was founded in 1867 in Modena under the name Banca Popolare di Modena. Over the years, it expanded its presence and evolved into BPER Banca, becoming one of Italy’s leading banking groups.

Check out the Press Release

Challenge

Challenge
BPER Group needed to comply with the stringent European ESG reporting standards defined by the European Taxonomy, the Corporate Sustainability Reporting Directive (CSRD)—issued at the end of 2022—and the Pillar III ESG framework. This regulatory landscape required the adoption of a structured approach to:
  • Implement organizational and safeguard measures: the CSRD mandates companies to measure and enhance the ESG impact of their business, integrating ESG factors into credit processes to ensure objective and sustainable assessments.

  • Ensure transparency and disclose KPIs aligned with the EU Taxonomy: companies must provide clear and comparable data on sustainable investments, enabling effective communication towards the market and stakeholders.

  • Strengthen reporting with solid and innovative tools: BPER needed to collect and manage information on the taxonomic alignment of granted loans, integrating it into the reporting required by Pillar III and the CSRD

In this context, adopting a solution capable of ensuring regulatory compliance and supporting the strategic management of sustainability was essential.

Engagement

Engagement
GFT supported BPER in implementing the Taxonomy Alignment Tool (TAT), a solution designed to meet the rigorous European ESG reporting standards and to promote sustainable lending. The tool enables:
  • Classification of loans according to the European Taxonomy criteria: by analyzing and verifying the purpose of granted loans to ensure compliance with the technical criteria established by the regulations.
  • Robustness and transparency in reporting: by generating key indicators such as the Green Asset Ratio (GAR) and the Banking Book Taxonomy Alignment Ratio (BTAR), which are essential for fulfilling the disclosure obligations required by Pillar III and the CSRD.
  • Qualifying Loans for Eligibility and Alignment: TAT, a highly configurable and modular solution, ensures that loans with a defined purpose comply with the European Taxonomy, strengthening disclosure processes and adapting to regulatory developments.
Banking

ESG Taxonomy Alignment Tool

The solution for verifying the alignment of economic activities to the European Taxonomy Standards
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Tangible benefits

Tangible benefits
Through the implementation of GFT’s Taxonomy Alignment Tool, BPER has not only strengthened its commitment to sustainability but also enhanced its compliance with European regulations while providing more effective support to clients in their transition toward a sustainable economy.
  • Financial support for sustainable investments: TAT allows BPER to offer clients guidance based on objective criteria defined by the EU Taxonomy, promoting the transition to an economy aligned with ESG principles and reducing the risks of unsustainable practices.

  • Rapid qualification of investments as "eco-sustainable": clients can quickly obtain the necessary information to classify their investments as "eco-sustainable," ensuring transparency and comparability of KPIs related to EU Taxonomy alignment.

  • Expert guidance for sustainable projects: BPER assists clients in finalizing projects that comply with the EU Taxonomy, improving transparency, facilitating access to sustainable investments, and ensuring the genuine sustainability of funded initiatives.

In summary, BPER’s adoption of the Taxonomy Alignment Tool marks a significant step forward in the transition toward a more sustainable and transparent economy, benefiting all stakeholders.