Siccar is proud to have been chosen as a winner of FinTech Scotland’s Financial Regulation Innovation Lab Innovation Call, focused on shaping the future of ESG reporting in financial services. As this transformative project nears completion, we are excited to share the impact of our work and the successes achieved in collaboration with leading industry partners in the next few weeks.
Our aims for this solution included redefining how financial institutions manage and report ESG data, particularly in oil & gas, power & utilities, and agriculture. By integrating disparate data sources into a secure, verifiable framework, we hoped to address the industry’s most pressing challenge – ensuring data integrity, accuracy, and regulatory compliance in ESG disclosures. One perspective that captures this challenge well comes from our CEO Brian McCrindle, who explains:
“After spending almost 35 years in financial services, I believe we have a unique ability to understand & empathise with some of the challenges banks and financial services players are facing. My team have developed a product that helps to address the challenges that invariably come with an evolving regulatory landscape.”
This project has been a true collaboration, working alongside EY, Morgan Stanley and LBG, to refine and implement a solution tailored to the evolving needs of the financial sector. The insights and expertise from these partners have been invaluable in ensuring that our approach is both practical and transformative.
With the finish line in sight, we look forward to sharing the full details of our success soon – highlighting how secure, trusted data-sharing is setting a new standard for ESG regulation and reporting in financial services.