Euroko Insurance
has embarked on its
green transformation
journey with Carbon Gate.
Establishment
Number of Employees
Industry
1980
2000+
Insurance
PROBLEM
In line with our sustainability commitments, we recognized the need to comprehensively analyze not only our operational emissions but also the carbon footprint of our financed assets. Collecting this complex data through traditional methods and reporting it in accordance with international standards such as PCAF (Partnership for Carbon Accounting Financials) was a highly challenging process. The scattered nature of financial data, its correlation with emissions data, and the need for transparent management were among the biggest obstacles preventing us from performing accurate carbon accounting. This situation increased our compliance risks with regulatory requirements and limited our efforts to develop sustainable financial products and provide reliable information to our investors.
SOLUTION
We began working with Carbon Gate, a partner that understands the unique dynamics of the insurance sector and develops tailored solutions accordingly. The Carbon Gate platform allowed us to seamlessly integrate the emissions data of the projects and companies we finance. Thanks to the platform’s PCAF-specific integration, we can accurately calculate and report the financed emissions in our portfolio. This solution not only enhanced our regulatory compliance but also enabled us to integrate climate risks into our financial portfolio, allowing for more informed investment decisions. With Carbon Gate, we have aligned our sustainability goals with our financial strategies, positioning ourselves as a pioneer in the industry.
We are the first insurance company that Carbon Gate has worked with. They developed customized solutions for us, thoroughly analyzed our industry, and supported us with reporting and dashboards tailored to our business model.
Beyza Sivrikaya
Sustainability Director
References
Over 180 companies are reducing their carbon footprint. Join the transformation too!
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