Buchanan’s ESG Team have been providing advisory to Blancco Technology Group since 2020, when the Group first established its approach to ESG. The team has now produced four annual ESG reports for Blancco. Each year we have increased the sophistication of the disclosure, advanced the design of the report, and continued to build on the positive impact story. The effectiveness of this approach has been recognised, as last year’s award-winning report saw the business upgraded to an ‘AA’ rating by MSCI ESG Ratings.
The report once again aligns to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), as well as reporting financially material information as established by the Sustainability Accounting Standards Board (SASB). We also worked with the business to create a Social Strategy, both to illustrate the progress made and to set objectives for the coming year.
“I have worked with Buchanan’s ESG Team since 2020 when they first presented us with a clear strategy for managing ESG internally and communicating our impact externally. We wanted to embed ESG into our business and welcomed the opportunity to work collaboratively with such a dynamic agency to achieve this. Over the course of the last four years we have built a great relationship with team, and they have supported us at Blancco to navigate the ever-evolving ESG environment. They have increased the sophistication of our ESG disclosure with each of our reports, ensuring we are ahead of the curve on both regulatory requirements and the expectations of our shareholders. The work Buchanan have done in capturing our ESG approach and performance and communicating this to the capital markets has enabled us to win several ESG reporting awards and to be upgraded to an ‘AA’ rating on MSCI.”
by Adam Moloney, Chief Financial Officer, Blancco