Based in Florence, SustainAdvisory, a consulting firm that offers solutions on ESG topics (economic-environmental, social and governance) and sustainable finance for businesses and financial intermediaries, was founded by independent professionals. SustainAdvisory collaborates on ad hoc projects, with research institutes, forums, and non-governmental organizations in the field of sustainability research. 

The global market environment for the asset class that SustainAdvisory aims to serve is interesting and constantly growing. At the end of the second quarter of 2020, the volume invested in sustainable funds exceeded $250 billion, while on a global basis there are around 354 ESG funds, according to a recent research by Morningstar. Europe remains the largest market with three quarters of global assets.

A very similar figure is the one that the European Commission for the period 2021-2017 has decided to allocate to investments for initiatives aimed at economic recovery and decarbonization of economic sectors with higher emission rates, i.e. about 30% of the funds of the Next Generation EU Fund.

The market paradigm based on sustainable growth that has emerged in recent years in the wake of the environmental challenge posed by the Paris agreement on climate change, the United Nations’ 2030 agenda with sustainable development objectives and, lastly, the European policy response to the pandemic crisis through actions aimed at strengthening the value of countries’ social and economic resilience, call for a profound change in the model of social, economic and financial development.

‘The public and private initiatives that have developed in recent years and that animate the debate and determine best practices in the field of sustainable economics and finance are truly numerous. The increase in European legislative and regulatory provisions has led to the need to adapt the range of consultancy services offered to companies and financial intermediaries: this is the reason why SustainAdvisory was founded’ – explains Francesca Fraulo, one of the promoters of the initiative.

The themes of sustainable growth must be approached with an innovative spirit, open to sharing, networking and partnerships: with this spirit SustainAdvisory proposes itself as an interlocutor of transversal skills and non-traditional counterparts to deal with complex and multidisciplinary issues, thus with an evolved and challenging approach at the same time’.

SustainAdvisory’s mission is to support clients with solutions that promote a sustainable growth and development model; therefore, the dissemination of best practices in the areas of: economic-environmental, social and governance (ESG) risk assessment, sustainability rating and credit rating, creation of ESG performance metrics, reporting of non-financial information, support in the development and implementation of the analysis of materiality, finding new finance and access to sustainable finance sources and financial instruments.  

SustainAdvisory targets clients seeking support to navigate the market in the age of corporate purpose to ensure a development that ‘meets the needs of the present without compromising the ability to meet the needs of future generations’.

Visit www.sustainadvisory.it for more details and contacts

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