WTS and Envoria form strategic partnership for ESG reporting

Aug. 2, 2021

Stuttgart/Munich - The independent financial advisory specialist WTS Advisory, the advisory arm of the global WTS Group, and the Munich-based startup Financial Software Architects (FISA), known for its innovative software solution Envoria, conclude their partnership. With this, both companies combine the best of two worlds: They create a holistic solution approach in the field of sustainability reporting and the related implementation of the EU Taxonomy.

"We are very much looking forward to working with Envoria! This enables us to offer our clients a unique combination of technical expertise, process know-how, and digital reporting. The current problems faced by our clients, such as data collection, integration into existing reporting processes and, last but not least, classification, can be addressed with this partnership," says Nikolaus Färber, Member of the Board and Partner at WTS Advisory. "Our clients are in the middle of or starting their transformation in terms of Environmental Social Governance. With this partnership, we can accompany our clients along the way in a targeted and implementation-oriented manner. At the same time, this strengthens our position as an independent solution provider for sustainability reporting, especially with regard to the procedural and technical implementation of the EU Taxonomy."

End-to-end solutions through bundled, technical, and professional ESG know-how

WTS Advisory develops customized solutions that help clients achieve the transformation to efficient ESG reporting. FISA's Envoria software stands for user-friendly and future-oriented technical solutions in the sustainability sector.

"As part of efficient ESG reporting, the Envoria software solution offers companies the opportunity to cover all relevant requirements. Ranging from the determination of the carbon footprint, and the compliance with the EU Taxonomy, to the application of international frameworks (GRI, EMAS, DNK) in order to holistically design the company's sustainability reporting.," says Sven Schubert, CEO and co-founder of Envoria.

The partnership enables both companies to take a leading role in the implementation of complex end-to-end solutions in ESG reporting.

"WTS Advisory's experts enjoy an excellent reputation across industries as independent consultants and technical specialists in finance," states Sven Schubert. "Together, we cover the entire sustainability process, from technical requirements to the digitalization of regular operations. We look forward to working together in the future."

About Envoria

Envoria is the first provider of a modular end-to-end software solution for ESG reporting. The software integrates the application of international frameworks (GRI, EMAS, DNK), the EU Taxonomy and calculations for CO2 emissions.

For more information, visit www.envoria.com

Press contact Envoria

Sven Schubert
Friedenheimer Brücke 20
80639 Munich
T: +49 (0) 89 99740901 1

About WTS Advisory

WTS Advisory as a member of the WTS Group is an independent, innovative solution provider for goal-oriented in the CFO area, active operational support, and efficient outsourcing of the finance functions of companies as well as in valuation events and transaction processes. The company is headquartered in Stuttgart with additional offices in Munich, Düsseldorf, Frankfurt am Main, Leipzig, Berlin, Hamburg, Cologne, Hanover, Zurich, and Vienna.

Further information at www.fas.ag

Newly founded data hub OpenESG facilitates collection of ESG data

Read more

Envoria and firesys simplify annual reporting and ESG reporting

Read more