Wiesbaden, 23 September 2024 – DG Nexolution is introducing a new sustainability platform for cooperative banks, which integrates several of the company’s existing sustainability tools and can be expanded with additional solutions. In collaboration with its new technology partner, Atlas Metrics GmbH, DG Nexolution will provide guidance and support for the implementation of sustainability initiatives using the platform.

Sustainability and climate protection are playing an increasingly important role in banking regulations. Since 2021, they have been a key focus for the Cooperative Financial Network. To this end, DG Nexolution offers solutions for the efficient implementation of sustainability measures. The new platform equips cooperative banks with all the necessary tools for comprehensive sustainability assessments and consulting services, all in one place.

“With the new platform, we are providing our customers with even more comprehensive support in achieving both their own sustainability goals and ESG requirements. As a point of contact for the cooperative banking sector, we are thus strengthening our expertise and our role as a holistic partner for our clients when it comes to sustainability,” says Dr. Sandro Reinhardt, member of the DG Nexolution Executive Board responsible for the Sustainability division.

DG Nexolution's service portfolio includes a range of sustainability tools integrated into the platform. These cover double materiality assessments, sustainability reporting, carbon accounting (“Mission CO2”) and financed emissions. Since the beginning of the year, DG Nexolution has been offering a system-supported double materiality assessment to help customers meet the requirements for CSRD reporting. The sustainability report generated can be used to create a document in accordance with the new Corporate Sustainability Reporting Directive (CSRD) standards. The “Mission CO2” tool helps calculate the corporate carbon footprint of the bank’s operations and outlines a tailored reduction and climate strategy with guidance from DG Nexolution. The financed emissions tool, expected in early 2025, will adhere to the Partnership for Carbon Accounting Financials (PCAF) standard. The platform allows seamless data transfer between stakeholders, is compatible with other sustainability solutions, and ensures continuous compliance with evolving regulations.

“DG Nexolution's expertise and our software combine to create a solution that helps banks manage complex ESG reporting requirements more easily. With the combined technology and industry expertise, cooperative banks can operationalize their reporting, reduce costs and minimize compliance risks. This collaboration represents a significant step towards facilitating sustainability reporting and transparency in the German banking sector,” says Wladimir Nikoluk, founder and CEO at Atlas Metrics.

“It is important that we not only offer cooperative banks digital solutions but also provide tailored consulting services to help further develop the sustainability platform based on their needs. We guide our customers throughout their entire sustainability journey, offering our expertise at any starting point. This enables them to meet regulatory requirements and implement a holistic sustainability transformation within their organization,” says Markus Klusemann, Head of Sustainability Department at DG Nexolution.

About DG Nexolution

DG Nexolution is the pioneer for first-class solutions. Founded in 1920 as “DG VERLAG”, today DG Nexolution, with around 400 employees based in Wiesbaden, Germany, brings the Volkbanken and Raiffeisenbanken, the goods and services cooperatives, the companies in the cooperative network and beyond to the forefront. As the partner for comprehensive, future-proof services and products: whether payment, procurement, marketing, digitalization or when it comes to effectively implementing sustainability.

Together with its subsidiaries COPECTO GmbH, DG Nexolution Mobility GmbH, DG Nexolution Procurement & Logistics GmbH, geno kom Werbeagentur GmbH, MeinPlus GmbH and Raiffeisendruckerei GmbH, DG Nexolution supports its customers as the DG Nexolution Group with a total of over 650 employees, for example with solutions for the digital and sustainable payment of tomorrow and beyond, efficient material procurement, intelligent marketing, AI and customer loyalty programs as well as with offers that optimally structure sustainability measures.

Press contact

• Christoph Korn, Press Spokesman, T +49 611 5066-2145

• Dr. Anja Wagner, Corporate Communications Officer, T +49 611 5066-1256

• presse@dg-nexolution.de

• Download service: You can download this press release and printable press photos at dg-nexolution.de/press. Please quote “DG Nexolution” as photo credits.

Further information

• DG Nexolution eG | Leipziger Straße 35 | 65191 Wiesbaden

• T +49 611 5066-0 | direct@dg-nexolution.de

• dg-nexolution.de

• Registered office and register court: Wiesbaden Local Court GnR 318

• Management Board: Marco Rummer (Chairman), Dr. Sandro Reinhardt, Florian P. Schultz

• Chairwoman of the Supervisory Board: President Marija Kolak

About Atlas Metrics

Atlas Metrics simplifies ESG reporting and automates compliance with next-generation sustainability software. The company’s platform enables any organization to effortlessly measure and communicate business impact through automation, AI, secure data sharing, and advanced analytics. By providing essential data and reporting tools, Atlas Metrics accelerates the transition to sustainable business models. 

Press contact

• press@atlasmetrics.io

Further information

• Atlas Metrics GmbH |  Adalbertstraße 39 | 10179 Berlin, Germany

• Contact: info@atlasmetrics.io

• Website: atlasmetrics.io