Synesgy is an ESG Global Digital Platform developed by CRIF that supports companies of any size, financial institutions, banks, and insurance groups with their supply chain screening.
CRIF is a global company specializing in credit bureau and business information systems, analytics, outsourcing and processing services, as well as advanced digital and open banking solutions.
Thanks to the work of 6.400 professionals working in more than 90 Group companies, today more than 82.000 businesses, +10.500 banks & financial institutes, 600 insurance companies, and 1.000.000 consumers worldwide use CRIF services in 37 Countries. Additionally, over the last decades, CRIF successfully managed to complete the installation of more than 500 softwares.
Founded in Bologna in 1988, CRIF has a significant global presence and operates on four continents. To date, it is the leader in Italy in solutions supporting the provision and management of retail credit and, thanks to the skills acquired in almost 40 years of activity in highly competitive markets, it is the first group in continental Europe in the banking credit information sector and one of the main operators globally in integrated business & commercial information and credit & marketing management services.
Thanks to its two ESMA-authorized Credit Rating Agencies - both recognized as External Credit Assessment Institutions (ECAI) - CRIF provides regulatory ratings valid in all the European Union. Furthermore, CRIF operates as an Account Information Service Provider (AISP) in all European countries where the PSD2 directive applies with open banking services - including AISP services in the UK – and as an Account Aggregator (AA) in India.
Thanks to its experience, CRIF has also taken a key role in developing practices, models, tools, and services for sustainable business development, making available to the market a suite of services designed to integrate ESG factors into Procurement and Risk Management models and processes.
Adopting an ESG-conscious corporate policy is a choice that is rewarded by investors and consumers, which is why CRIF helps companies direct their efforts in that direction and communicate their sensitivity to these issues, through standardized, digital, and global tools that go precisely to measure corporate commitment and results achieved.
Consistent with this approach, CRIF has in turn embarked on a path of integrating sustainability into corporate strategies, policies, and processes, confirming how sustainability is at the heart of its corporate policies and intending to drive growth and sustainable development for its clients.
Synesgy has benefited also from the collaboration with CRIF Ratings, a CRIF Group company. CRIF Rating is a credit rating agency authorized to assign credit ratings to non-financial firms resident in the European Union in the form of issuer and bond issue ratings.
The agency is supervised by ESMA (European Securities and Markets Authority), the European authority overseeing the proper operation of financial markets.
Since 2020, CRIF Ratings has updated its methodology to include environmental and social factors in its ratings, becoming one of the points of reference in Italy in the ESG assessment of companies of all sizes and sectors. Synesgy's ESG Assessment, developed and updated by CRIF Ratings, is one of the most reliable ESG Platforms, certified by GRI in 2024.
Synesgy's methodology and platform make it possible to assess the environmental, social, and governance sustainability of companies around the world and obtain a consistent ESG sustainability score that allows companies to be compared according to global standards.
In the world's major economies, Synesgy has also developed methodologies, assessments and processes consistent with local specificities.
CRIF is a partner in the ambitious European project, TranspArEEnS (Mainstreaming Transparent Assessment Of Energy Efficiency In Environmental Social Governance Ratings), coordinated by Ca' Foscari University Venice and funded with €1.5 million by the European Commission. The goal of the project is to reinvigorate sustainable investments by companies, even the smallest ones, and thus facilitate the ecological transition in an inclusive dimension by offering the market a standard model for transparently and rigorously assessing ESG factors.
CRIF pursues major investments annually to ensure the highest standards of information security and quality of solutions.
If you want to know more about Synesgy's Certifications, check out the Certifications & Memberships we have received over the years.