European banking faces a great challenge in 2022: its first stress test on climate risks.
To deal with it, each Financial Entity must be able to identify the energy rating and the physical risks associated with its portfolio of financed properties.
Therefore, a tool capable of: the following is needed
In 2021, the Spanish banking associations unanimously choose the solution provided by ST to face this challenge, being the solution adopted by the Spanish financial system, recognized by the European Mortgage Federation as the most advanced in the EU, counting on the favorable audit of the first level consultancy Mazars. In Spain, 47 entities have already participated in the project.