Compliance and administration services provider TMF Group today announced the launch of its new environmental, social and governance (ESG) accounting services, aimed at helping companies and fund managers meet their ESG reporting requirements.
According to TMF Group, the new service comes as companies face a range of challenges in ESG reporting, including complying with new regulations, understanding a variety of reporting standards and frameworks, and determining how to effectively report ESG material. can collect and present.
Pierre Lechat, Head of ESG Solutions at TMF Group, said:
“It is critical to meet the growing demand for ESG reporting from investors, customers and regulators. This new service, combined with our commitment to best practices, will ensure our clients continue to meet all ESG reporting requirements.”
Under the new service, TMF will help companies and fund managers define, set up and maintain accurate ESG reporting. The company’s ESG administration solutions include creating cost-effective and compliant sustainability reporting systems, establishing and maintaining best practices, and supplementing or replacing companies’ internal ESG administration functions.
Daniel Max, Head of Global Solutions at TMF Group, said:
“There are many companies offering consulting and advisory services related to ESG; our administration offering will enhance our clients’ ability to meet complex ESG reporting requirements without the need for a dedicated internal function. This offering is among the other compliance and administration services we provide to our clients, combining on-site staff with comprehensive reporting tools to deliver high-quality ESG reports that can be used for multiple purposes, including audits, investor management and client inquiries. .”