Case Study: Sava Re meets growing ESG and SFDR requirements with SimCorp’s ESG investing solution

Sava Re targets over 20% ESG investments by 2027 with SimCorp

Sava Re, the largest reinsurance company in Central and Eastern Europe, faced the challenge of meeting stringent and evolving ESG regulations like SFDR and EU Taxonomy. They needed a centralized solution to manage and report on sustainable investments, requiring reliable data to identify opportunities and ensure compliance without compromising their ambitious internal ESG goals. To address this, they turned to their existing vendor, SimCorp, and its ESG investing solution integrated with SimCorp Dimension.

SimCorp implemented its ESG investing solution, which integrated seamlessly with Sava Re's existing SimCorp Dimension platform. This provided Sava Re with the ability to measure key ESG metrics, proactively vet potential investments against their criteria, and ensure regulatory compliance across their entire portfolio. The solution, supported by SimCorp's dedicated regulatory team, enabled Sava Re to efficiently manage both technical reserves and their own funds while laying the groundwork for incorporating ESG data into front-office decision making and internal reporting processes.

Sava Re