BACK

HROK - Simplifying ESG reporting with a powerful platform for a sustainable tomorrow

The complexity of ESG reporting

With evolving regulatory standards in the EU, businesses from various industries face increasing pressure to streamline their Environmental, Social, and Governance (ESG) reporting practices and ensure compliance. However, the reporting process is no walk in the park. On the contrary–extensive Excel files and manual procedures complicate navigating vast amounts of data and meeting deadlines efficiently. As the landscape of sustainability reporting continues to evolve, there is a pressing need for a standardized and user-friendly solution to streamline ESG reporting processes and enhance data management efficiency.

Simplifying ESG reporting with a single platform

With the help of the Binom team, HUB (Croatian Banking Association) and HROK (Croatian Registry of Credit Obligations) collaborated to develop an ESG platform: an innovative solution designed to revolutionize ESG reporting practices, the first one of its kind on the Croatian market. It offers a standardized questionnaire for data collection and submission, complemented by features such as authorization management, content editing, and user administration. All questions are accompanied by detailed explanations and examples of completion. 



With its dynamic questionnaire functionality, the platform tailors the survey experience to each user, presenting industry-specific questions relevant to their operations. By automating manual tasks and providing comprehensive guidance, the ESG platform optimizes the reporting process while ensuring compliance with regulatory requirements.



Its key functionalities include:

  • Authorizing legal entities to fill out and publish the ESG questionnaire.
  • ESG questionnaire completion.
  • Signing and publication of the completed ESG report.
  • Managing ESG report download permissions (for banks and other financial institutions).
  • Downloading ESG reports on the platform (for banks and other financial institutions).
  • Managing authorization requests, questionnaire content, and ESG platform users for HROK administrators.
 

The entire process is entirely digital, with signing conducted using EU-qualified electronic signatures (QES) by the eIDAS standard. Integration with the court registry was implemented, streamlining the connection between legal entities (such as public companies) and their legal representatives during the signing process.

The future of banking is sustainable

With its enhanced security measures and regulatory compliance features, the platform instills confidence among stakeholders and strengthens trust in the integrity of ESG reporting practices. Moving forward, the ESG platform is driving Croatia's financial sector into a positive future, fostering transparency and facilitating the transition towards sustainable business practices. With sustainability efforts as the top priority, the Binom team is proud to have played a role in its development and implementation.