EU taxonomy made easy: German savings banks use TAXO TOOL for sustainable financing projects
PRESS RELEASE, 17th January 2024
In the future, savings banks will be able to work with their customers to make their financing projects more sustainable: The TAXO TOOL from VÖB-Service GmbH and Dydon AI enables savings banks to carry out a systematic, structured assessment of their private and corporate customers’ financing projects to determine whether they meet the European Union’s standards for green business practices.
“The move towards greater sustainability in all areas of daily life has now become highly relevant to society. For example, savings banks specifically support corporate customers in successfully leading their business into a sustainable future by analyzing and supporting financing projects with the help of the TAXO TOOL. This creates additional security for our customers,” says Karolin Schriever, Executive Member of the Management Board of the German Savings Banks Association (DSGV).
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