About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Sumitomo Mitsui Trust Asset Management Selects Bloomberg Data Solution for SFDR Compliance

Subscribe to our newsletter

Sumitomo Mitsui Trust Asset Management has adopted Bloomberg’s data solution dedicated to helping firms meet the European Union’s Sustainable Finance Disclosure Regulation (SFDR). The asset manager is one of the largest in Japan and Asia, a signatory of both Japan’s Stewardship Code and Principles for Responsible Investment, and is actively pursuing initiatives to address ESG issues.

The deciding factors in Sumitomo Mitsui Trust Asset Management’s selection of Bloomberg included being able to understand how the data service and support system work, along with the data vendor’s ability to quickly enhance services by keeping up with daily regulatory changes.

“We particularly appreciate Bloomberg’s expertise in ESG regulations and expect the company to provide appropriate data in response to changing regulatory developments in Europe,” says Hiroyuki Horii, senior managing executive officer at Sumitomo Mitsui Trust Asset Management. “Bloomberg’s SFDR data solution provides wide coverage, especially of Japanese equities, and we intend to use the Principle Adverse Impact (PAI) data to comply with SFDR while enhancing our ESG investments and information disclosure.”

Bloomberg’s SFDR data solution generates PAI indicators compliant with SFDR requirements and uses the company’s company reported ESG data covering over 15,000 companies globally.

Sumitomo Mitsui Trust Asset Management will also use Bloomberg’s carbon emissions dataset, which takes company reported data and estimates Scope 1, 2, and 3 emissions for over 100,000 companies.

Norman Tweeboom, Japan regional head at Bloomberg, concludes: “Our SFDR data solutions have helped a number of firms across the globe to navigate the complex regulatory landscape and turn challenges into competitive advantages.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Best practice approaches to data management for regulatory reporting

Effective regulatory reporting requires firms to manage vast amounts of data across multiple systems, regions, and regulatory jurisdictions. With increasing scrutiny from regulators and the rising complexity of financial instruments, the need for a streamlined and strategic approach to data management has never been greater. Financial institutions must ensure accuracy, consistency, and timeliness in their...

BLOG

A (Free) Practical AI Handbook for Capital Markets Professionals

Artificial Intelligence (AI) has swiftly transitioned from a promising concept into an operational reality across the capital markets. Senior executives, compliance leaders, and technology specialists are already well-acquainted with the potential of AI to streamline processes, enhance decision-making, and open new competitive opportunities. Yet, the current challenge isn’t about grasping AI’s transformative potential – it’s...

EVENT

Data Management Summit London

Now in its 16th year, the Data Management Summit (DMS) in London brings together the European capital markets enterprise data management community, to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...