RegIQ FLINTpro: easily navigate environmental regulations

FLINTpro, a life analytics platform that provides compliance and financial risk assessment solutions for companies regulated by climate protocols, has launched RegIQ as its flagship product. FLINTpro’s ReqIQ is the industry’s only reporting product capable of measuring greenhouse gas (GHG) emissions, deforestation and biodiversity risk across all value chains, enabling corporations and investors to make informed decisions about their commercial impact on nature.

RegIQ is the latest offering in FLINTpro’s industry-leading data analytics product line, developed with extensive expertise in serving sophisticated climate clients. Built of Advanced analytics A product that was created by leading scientists with over two decades of experience in deforestation research, RegIQ leverages integrated global nature data and proprietary modeling capabilities for reviews and risk assessments. Equipped with benchmarks for informed decision-making, RegIQ enables clients to create and validate reports using transparent methodologies and risk assessments, taking into account both current and future regulations and voluntary commitments.

“Climate risk assessment has become crucial for a variety of stakeholders, including corporations and investors who continue to drive economic growth through land use and development, as well as the consulting firms that support them,” she said Tina Morris, CEO of FLINTpro. “With RegIQ, FLINTpro offers unparalleled value in understanding risk and enabling decision-makers to implement solutions and interventions across value chains using our curated global data and analytics.”

According to the World Resources Institute, seven commodities account for the vast majority of trade’s impact on nature, particularly deforestation. The production of cattle, oil palm, soybeans, cocoa, rubber, coffee and wood fiber plantations accounts for 20% of global carbon dioxide emissions. Despite decades of voluntary global commitments by corporations and investors, nearly 6 million hectares (14,800 square miles, or 38,300 km2 – roughly the size of Switzerland) forests are lost to development and agriculture every year. In response, the EU Parliament adopted the European Deforestation Regulation (EUDR), which requires supply chains for imported goods derived from wood, rubber, palm oil, soy, cattle, coffee and cocoa to be deforestation-free. In addition to EUDR, other Scope 3 emissions standards and reporting frameworks include the Corporate Sustainability Reporting Directive (CSRD), the Task Force on Nature-related Financial Disclosures (TNFD), the Partnership for Carbon Financial Accounting (PCAF) and the Climate Task Force – Related Financial Disclosures (TCFD).

FLINTpro RegIQ offers a diverse set of target modules for customers needing to prioritize value chain operations, including:

• Deforestation: ensuring EUDR compliance steps include deforestation checks, jurisdictional risk assessments, and assessments to improve data collection for high-risk areas.
• Emissions related to land use: calculates land use changes in accordance with the GHG protocol and IPCC guidelines.
• Biodiversity: provides detailed, location-specific ground metrics to quantify risk in line with the Task Force on Wildlife Financial Disclosures (TNFD).

For more such updates, stay tuned to us on Google News Martech News