Case Study: Cadre advances sustainable hydropower investment decisions with Celsia

Cadre guide investments towards a sustainable future through assessing their hydropower plants

Cadre, a renewable energy company acquiring and operating hydropower plants, sought to ensure its assets were sustainable and make data-driven decisions for future investments. Their challenge was implementing the complex EU taxonomy framework to assess and score their portfolio comprehensively. They turned to the vendor Celsia for its sustainability reporting solution to address this.

Celsia provided an intuitive software platform that translated the EU taxonomy legislation into an easy-to-use tool for scoring. This allowed Cadre to gain full ownership of the process, break down their financials into the required KPIs, and assess their plants at their own pace. As a result, Cadre obtained profound insights into the taxonomy criteria, enriched their understanding of their assets' sustainability, and established a system to calculate their score continuously, trusting Celsia to remain up-to-date with regulatory requirements.

Cadre

Øystein Flåt

Head of Operations