Penbox improves recruitment processes and brings ESG to the top of the board agenda with KEY ESG software

About Penbox

Penbox is a B2B SaaS company which streamlines customer data collection and reduces the back-and-forth of email exchanges for insurance brokers and service businesses across France and Belgium. Founded in late 2019, Penbox now reduces the administrative burden of more than 350 major insurance companies, insurance brokers and service companies.

The challenge

As one of the leading insurtechs on the Belgian market, Penbox has a large matrix of investors, customers and internal stakeholders who require ESG data collection on a broad range of metrics. They have two investors, one of which, Fortino Capital, requires them to report on SFDR principle adverse impact indicators (PAIs) for its Article 9 Fund. Penbox’s customers are in highly regulated sectors such as insurance and financial services and therefore have very stringent governance reporting requirements. Finally, Penbox itself prioritises gender diversity and equality which are typically a challenge in the technology sector. Led by its Chief Executive, Emile Fyon, Penbox is always looking to increase and improve the data they have around ESG performance so that they can enhance their communication to all stakeholders on this topic.

The solution

Due to the variety of stakeholders that Penbox works with, they have used four different ESG platforms so far. CEO Emile Fyon, said of KEY ESG:

“Of the four platforms we have used for ESG reporting, KEY ESG is the most engaging and educational: you understand why you need to provide the data and how to gather it.”

To find out the details of how KEY ESG was able to solve Penbox's complex ESG reporting requirements, read the full customer story HERE.