Finativ and STH Consulting collaborate on Scope 3 emissions reporting

Advisory services provider Finativ and STH Consulting, an asset emissions data specialist, have forged a strategic partnership to deliver Scope 3 emissions reporting solutions.

This collaboration will focus on addressing the growing demand from finance companies to measure, analyse, and manage emissions generated by financed vehicles and equipment.

Finativ said finance companies are under increasing pressure from regulators, shareholders, and capital providers to report and manage Scope 3 emissions.

A recent survey by Novuna indicated that 88% of SMEs now prioritise sustainability, including cleaner transport and energy production, more than a year ago.

However, comprehensive emissions data across diverse lending portfolios has been lacking.

Through extensive research and development, Finativ and STH Consulting promise to offer a full solution, providing asset and portfolio-level reporting.

This service helps finance companies meet regulatory requirements, develop Net Zero strategies, and cater to individual customer needs.

Finativ consulting director Phil Gerrard said: “The trend towards sustainable financing is inevitable and one-way. The market remains under-served – finance companies engaging early can gain a knowledge-based competitive advantage that will be hard to replicate. We’re delighted to be working with STH Consulting to bring such a comprehensive emissions reporting solution to the market.”

STH Consulting head Petr Thiel said: “Our partnership with Finativ allows us to tap into their deep strategic and operational expertise. Together, we can help finance companies benefit from class-leading data services and related strategies for growth and operational effectiveness.”

This initiative expands Finativ’s sustainability financing proposition, which includes renewable energy asset finance strategy, ISO 32210 sustainable finance management framework guidance, specialist insurance services, and emissions reporting and reduction strategies.

In October 2024, Finativ partnered with Woodhurst, a consultancy known for financial services transformation.

The Finativ-Woodhurst collaboration aims to modernise the specialist lending market by combining their strengths in consulting, technical knowledge, and business change management.

"Finativ and STH Consulting collaborate on Scope 3 emissions reporting" was originally created and published by Leasing Life, a GlobalData owned brand.

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