Taxonomy compliance can be assessed automatically
SOFT evaluates taxonomy compliance at the level of both the portfolio and the object (Level 1 and Level 2) and provides a valid estimate of the risk budget on the basis of the non-financial quality criteria set out in the EU Taxonomy Regulation 2020/852. And, in doing so, SOFT also lays the foundations for SFDR reporting.
The use of statistical databases permits the risks represented by the necessary flows of capital to be assessed, while reducing the need for data capture. This approach also ensures the disclosure of the building qualities and the starting point required by ESG reporting.
Advantages of SOFT Level 2
The objective of SOFT Level 2 is to use a detailed data structure for the individual asset in order to create an object-specific assessment of the deviation from the requirements of the EU Taxonomy Regulation 2020/852.
The use of building-specific data increases the accuracy of the findings. Alongside the evaluation of existing buildings it is also possible to assess new and refurbished objects as well as to carry out feasibility studies.
Level 2 enables you to use all the functions of Level 1 in a more detailed form and at the object level. The more precise results of the Level 2 calculation can then be fed back into the portfolio evaluation in order to arrive at an even more accurate conclusion.