Pathzero

We're still on a high from last week’s big news! Pathzero is thrilled to have been named Most Innovative Company 2024 by The Australian Financial Review and BOSS magazine. It’s not just a win for us—it’s a win for transparency in global emissions.    Thank you to everyone pushing for a greener future.

What makes Pathzero the #1 ranked most innovative company in Australia, according to the The Australian Financial Review ?   Well, we revealed all at the ASFA | The Voice of Super Conference, with CEO Carl Prins on stage in the Innovation Pavilion yesterday.   Carl presented on Pathzero’s architectural innovations that are reimagining how carbon emissions data can be collected, analysed, and shared across private market investments.   He outlined the three key factors that led to Pathzero’s #1 ranking overall, in the small business category, and in Banking, Superannuation, and Financial Services:   - The Pathzero structure that is disrupting data sharing norms - Integrated calculation tools within the platform - Prioritising resources with risk-based approaches   In the landscape of sustainability and SaaS solutions, Pathzero stands out as an early riser, leading the charge in sustainability-focused financial services.   Our role in tackling one of the biggest challenges of our time – climate change – begins with empowering asset owners and fund managers to manage their private markets investments in the transition to a low-carbon economy.   Thank you to Novigi for the opportunity to share our story.

Pathzero’s CEO, Carl Prins, will take the stage 11:25am this morning at ASFA | The Voice of Super Conference in the Innovation Pavilion, a hub for groundbreaking startups and cutting-edge technology.   As the recent winner of three The Australian Financial Review Review BOSS Most Innovative Companies awards – including the overall Most Innovative Company – Carl will share insights into Pathzero’s innovative approach to tackling one of the biggest challenges of our time—empowering asset owners and fund managers to navigate the transition to a low-carbon economy with confidence and transparency.   It’s time to cut out the guesswork and access emissions data straight from the source. We’re proud to be at the forefront of this movement, working alongside other forward-thinking companies to create a sustainable future.   Make sure to come by and hear more from the full presentation.

📢 APRA’s Climate Risk Self-Assessment Survey, released today, reveals a concerning gap in disclosure practices across the financial sector, particularly for superannuation funds preparing for upcoming mandatory AASB climate reporting standards. While superannuation funds show leadership in governance and risk management, disclosure maturity remains a challenge especially through multiple layers of investment structures and private markets. Pathzero is stepping in to support the superannuation sector and private markets in filling these disclosure gaps. Through our emissions data network, we empower our clients to work with external fund managers to confidently meet stakeholder and regulatory expectations. Our platform ensures climate-related data is not only accurate but accessible and dynamic, driving transparency for funds on the path to compliance. 🌱 #ClimateRisk #SustainableFinance #ClimateDisclosure #Pathzero #Superannuation #ESG #AASB https://lnkd.in/gRJC7GRY

Navigating the CSRD: Essential Insights for Global Fund Managers   The EU’s Corporate Sustainability Reporting Directive (CSRD) is reshaping sustainability reporting standards, and its influence will reach fund managers worldwide as new requirements begin in 2024.    Our latest blog highlights the key steps to determine whether CSRD compliance may be necessary, as fund managers evaluate how it could affect their European investments and disclosure practices.    Aligned with the Sustainable Finance Disclosure Regulation (SFDR), the CSRD raises the bar for transparency and ESG reporting, setting standards that could influence investor expectations globally. Enhanced transparency can help mitigate risks, boost investor confidence, and create long-term value.    Explore our comprehensive guide to learn more. https://lnkd.in/getFU4ST

Our co-founder and CEO Carl Prins has just finished moderating a panel discussion on A Climate of Transparency: Credibility and Competitive Advantage at the Investor Group on Climate Change (IGCC) Summit in Melbourne.   There were great insights from the NZ experience, where Chief Executive at External Reporting Board, April Mackenzie explained that many underestimated the impact of the regime as it moved from voluntary to mandatory reporting, with a warning that the Australian industry in “in for a shock” with concerns over the assurance of the data, and director liability.   Claire LaBouchardiere from ASIC said the regulator is focused on supporting the transition and will only look to enforcement on serious breaches and encouraged the industry to participate in its call for submissions on its draft guidance on sustainability reporting under the mandatory reporting regime, while Sarah Gallard Senior Manager, Responsible Investments at State Super (SAS Trustee Corporation) said that starting early was vital, as it took StateSuper 12 months to model 80% of its portfolio. Sarah explained that better disclosure leads to better questions being asked, which leads to better decisions.

The team is ready to go at the Investor Group on Climate Change (IGCC)annual summit in Melbourne today. Come and say hi! #IGCCSummit24

Pathzero CEO, Carl Prins, is moderating a panel at the Investor Group on Climate Change (IGCC) 2024 Summit in Melbourne next week.   Carl will lead a discussion with Tony Campos, Head of Sustainable Investment, Index Investments Group at FTSE Russell, An LSEG Business Russell; April Mackenzie, Chief Executive at the External Reporting Board (New Zealand); Claire LaBouchardiere, Senior Executive Leader, Companies and Small Business at ASIC; and Sarah Gallard, Senior Manager - Responsible Investments at State Super (SAS Trustee Corporation).   The panel – “A Climate of Transparency: Credibility and Competitive Advantage” – will focus on how investors navigate new regulatory requirements for climate-related disclosures while maintaining ambition in addressing the climate emergency.   If you’re attending the summit, please come and say hello at our Pathzero stand, where you can see how our data network operates.

Is your superannuation fund ready for assurance-ready sustainability disclosures?   As sustainability reporting becomes essential, relying solely on estimated emissions data can pose audit challenges under Auditing Standard ASA 500.   Pathzero offers a complementary solution.   By sourcing emissions data directly from your external fund managers and operating entities, we enhance the transparency and reliability of your disclosures. This approach works alongside traditional data sources, making your sustainability reporting not just accurate but also assurance ready.   With mandatory disclosures approaching, now is the time to strengthen your reporting processes.   Learn more in our latest blog post: https://lnkd.in/gMU_dH8W   #Pathzero #Sustainability #AuditReady #SuperannuationFunds #ASA500

Climate risks are reshaping the financial landscape.   High-quality emissions data is essential for asset owners and as climate-related financial risks – like policy, technological, and market risks – become integral to reporting, collaboration between asset owners and fund managers is crucial.   Fund managers are uniquely positioned to gather accurate, company-level emissions data from portfolio companies, helping asset owners manage transition risks and align with sustainability goals.   At Pathzero, we empower fund managers to collect and share emissions data, providing asset owners with the insights needed for informed decision-making.   Check out our CEO, Carl Prins’ piece in ASFA’s Superfunds to learn more: https://lnkd.in/dF--_2DQ