FIVE MINUTES WITH ...
GLOBAL HEAD OF BANKING AT SAP
Falk Rieker at software giant SAP helps banks keep a close eye on their ESG data – and this is to the benefit of all
Q . WHAT DOES SAP OFFER THAT CAN HELP REDUCE THE CARBON FOOTPRINT OF BANKS ?
» Putting it from a software vendor perspective who works with banks , when you are at the prerequisite for an accurate pricing for a loan , it is all about data – you need to have as much data about your customers as possible . Depending on whether you have a large public enterprise or a smaller company that may be private , you have different levels of information available . Therefore , with large enterprises , you can take more factors into account and come up with more competitive pricing , because you have more information , more visibility , and you can gauge your risk much more accurately than you can with smaller organisations .
When it comes to the topic of green loans , it ' s ultimately the same thing . You need to understand the business the customers are in , as well as their supply chain . The more transparency you have
24 April 2023