Information - ESG Report
Prepared for: CityClass Energy Consultants SRL
Date: May 30, 2025
Prepared by: Fernando Ferreira / ESG Officer.
Certified ESG and Sustainability Specialist.
Based on SASB Standard for Professional & Commercial Services (SV-PS)
1. Introduction
CityClass Energy Consultants SRL is a company specializing in sustainable energy solutions and carbon offset strategies. Based in Bucharest, Romania, with international operations, the company acts as both advisor and facilitator for projects aligned with the 2030 Agenda and the United Nations Sustainable Development Goals (SDGs). CityClass is also engaged in the commercialization of the BGACT token and the structuring of ESG-aligned financial transactions.
2. Information Security
CityClass applies stringent data protection policies to ensure the confidentiality and security of client and investor information. Encryption technologies, user authentication systems, and audited platforms are employed for the secure management of carbon credits and digital tokens such as BGACT. Compliance is verified regularly according to GDPR regulations and ISO 27001 recommendations. The company has adopted a proactive approach to cyber risk, with quarterly vulnerability assessments and updated incident response protocols.
3. Professional Integrity
The company upholds high ethical standards in all operations. Policies include anti-conflict of interest clauses, strict contractual confidentiality, and rigorous due diligence procedures for all partners. The executive team and advisors are trained in ESG principles and international compliance standards. Integrity and transparency are core pillars in all professional engagements.
4. Diversity and Employee Engagement
CityClass fosters an inclusive work environment with equal opportunities and gender balance. The team is multidisciplinary and culturally diverse, reflecting the company’s international footprint. Continuous training is provided in sustainability, green finance, and environmental asset management. Internal engagement surveys are conducted annually, showing strong alignment between personal values and the company’s mission.
5. Environmental and Social Commitments
The company channels resources into projects with direct impact on climate change mitigation, energy efficiency, and social development in vulnerable communities. CityClass works in partnership with REDD+ initiatives and local NGOs to facilitate the funding of reforestation programs and environmental education. Its efforts are anchored in verifiable methodologies and aligned with global carbon standards and voluntary market protocols.
6. SASB Metrics – CityClass ESG Disclosures
SV-PS-230a.1: Description of approach to identifying and addressing data security risks
CityClass implements proactive risk assessments aligned with ISO 27001 and GDPR standards. Vulnerability scans and audits are performed quarterly with dedicated cyber-security protocols.
SV-PS-230a.2: Description of policies and practices relating to collection, usage, and retention of customer information
Strict GDPR-compliant policies govern data collection, usage, and retention. Use of encrypted platforms ensures secure storage of demographic and business- sensitive data.
SV-PS-230a.3: Data breaches and affected individuals
No data breaches reported during the period. Systems tested regularly and incident response plans updated.
SV-PS-330a.1: Workforce gender and diversity representation
Executive management: 40% women, 20% diverse groups. Non-executive: 50% women, 35% diversity. All other employees: 55% women, 45% diversity. Inclusive hiring policies are in place.
SV-PS-330a.2: Employee turnover rate
Voluntary turnover: 8%. Involuntary: 2%. Retention strategies include ESG training, wellness support, and hybrid work options.
SV-PS-330a.3: Employee engagement
Employee engagement: 86% (internal survey, focus on mission alignment and satisfaction). Surveys done annually using internal tools.
SV-PS-510a.1: Professional integrity policies and practices
Policies include a code of ethics, anti-fraud clauses, client confidentiality, ESG compliance verification, and whistleblower protections. Training conducted annually.
SV-PS-510a.2: Monetary losses from legal proceedings
No legal proceedings or financial penalties reported in the current period. Legal integrity continuously monitored through compliance team.
7. Statement:
This report affirms CityClass Energy Consultants SRL’s commitment to transparency, sustainability, and best ESG practices, aligned with the SASB SV- PS framework. By adopting this standard, the company structures processes, measures impacts, and ensures compliance with institutional investors, project partners, and regulatory bodies.
Annex: ESG Metrics Table – SASB SV-PS Framework
SASB Code
Disclosure Topic
CityClass ESG Disclosure (May 2025)
SV-PS-230a.1
Description of approach to identifying and addressing data security risks
CityClass implements proactive risk assessments aligned with ISO 27001 and GDPR
standards. Vulnerability scans and audits are performed quarterly with dedicated cyber- security protocols.
SV-PS-230a.2
Description of policies and practices relating to collection, usage, and retention of customer information
Strict GDPR-compliant policies govern data collection, usage, and retention. Use of encrypted platforms ensures secure storage of demographic and
business-sensitive data.
SV-PS-230a.3
Data breaches and affected individuals
No data breaches reported during the period. Systems tested regularly and incident response plans updated.
SV-PS-330a.1
Workforce gender and diversity representation
Executive management: 40% women, 20% diverse groups. Non-executive: 50% women, 35% diversity. All other employees: 55% women, 45% diversity. Inclusive hiring policies are in place.
SV-PS-330a.2
Employee turnover rate
Voluntary turnover: 8%.
Involuntary: 2%. Retention strategies include ESG training, wellness support, and hybrid work options.
SV-PS-330a.3
Employee engagement
Employee engagement: 86% (internal survey, focus on mission alignment and satisfaction). Surveys done
annually using internal tools.
SV-PS-510a.1
Professional integrity policies and practices
Policies include a code of ethics, anti-fraud clauses, client confidentiality, ESG compliance verification, and whistleblower protections. Training conducted annually.
SV-PS-510a.2
Monetary losses from legal proceedings
No legal proceedings or financial penalties reported in the current period. Legal integrity continuously monitored through compliance team.
8. ESG Environmental and Social Benefits of CityClass Energy Initiatives
Environmental Impact
Carbon Offset Solutions:
CityClass Energy Consultants SRL facilitates verified carbon offset programs aligned with international protocols, including REDD and the Clean Development
Mechanism (CDM), reducing measurable greenhouse gas emissions through afforestation and conservation.
Digital Asset-Backed Carbon Trading:
Using the BGACT token as a financial instrument, CityClass enables traceable, high-integrity carbon credit trading. This contributes to transparency and accountability in carbon markets, reducing Scope 3 emissions for institutional clients.
Energy Efficiency in Operations:
CityClass has committed to paperless workflows, smart meeting protocols, and digital asset verification to minimize energy use and carbon footprint.
Social Benefits
CityClass empowers community-driven environmental impact through:
- Capacity building in carbon literacy for stakeholders and indigenous groups
- Advisory support to projects with social co-benefits (health, clean water, education)
- Integration of smallholder participation in carbon finance
Its work contributes directly to the achievement of:
- UN SDG 5 (Gender Equality)
- UN SDG 7 (Affordable and Clean Energy)
- UN SDG 13 (Climate Action)
- UN SDG 16 (Peace, Justice and Strong Institutions)
- UN SDG 17 (Partnerships for the Goals)
9. ESG Governance and Human Capital Policies Governance Structure:
CityClass maintains an internal ESG Committee composed of sustainability
consultants, legal experts, and operational managers. This committee oversees adherence to ESG strategy, reporting, and investor disclosures, based on SASB, ISO 26000, and MiCA-aligned protocols.
Diversity and Equity:
- CityClass implements inclusive hiring with gender balance objectives
- Annual diversity audits ensure compliance with DEI (Diversity, Equity, Inclusion) metrics
- Training modules cover unconscious bias, ESG integration, and responsible finance
Transparent Reporting and Verification:
Quarterly ESG reviews, use of ISIN-registered credits, and third-party verification systems allow CityClass to maintain investor confidence and reputational integrity.
Alignment with UN SDGs:
CityClass governance policies support:
- UN SDG 5 (Gender Equality) through equitable hiring and representation
- UN SDG 16 (Peace, Justice and Strong Institutions) by ensuring transparent ESG governance, third-party audits, and compliance reporting
This ESG supporting report has been reviewed and approved by CityClass Energy Consultants SRL as part of its commitment to sustainability consulting excellence, ESG transparency, and stakeholder-centered governance.
This document and its annexes form part of CityClass’s strategic ESG disclosure and capital alignment framework, in support of sustainable consultants for development projects, consultants for climate finance operations, and responsible carbon trading via BGACT and other certified market instruments. It is structured in accordance with the SASB Professional and Commercial Services Standard
(SV-PS) and aligned with the United Nations Sustainable Development Goals (UN SDGs), particularly UN SDG 5 , SDG 7, SDG 13, SDG 16,SDG 17.
Signed on behalf of:
CityClass Energy Consultants SRL
MUNICIPIUL BUCUREŞTI, SECTOR 1, INTR. GHEORGHE SIMIONESCU, NR.19, AP.B26
T.K. 014155, ROMANIA
Name: Mr. Anastasios Perachoritis
Title: Founder and CEO
Date: 30th May 2025
Signature:
