One tangible short-term target for Klever is to improve Nordic banks' access to sustainability data.
As the chart above shows, Nordic banks have gathered actual reported GHG data for only, on average, 17% of their exposures to high climate impact companies.
This highlights a systemic challenge. Banks manage tens of thousands of corporate relationships - mostly unlisted and often outside the scope of mainstream data providers.
We are currently working with three Nordic banks to improve their access to high-quality sustainability information. Better data equips financial institutions to make better, more sustainable capital allocation decisions.
And yes, we believe there is a strong business case for a focused sustainability data platform that gets this right.
