ESG Insight Blogs The latest content from across the platform
Trade Finance Innovation Opens Window for Supply Chain ESG Data
Capturing supply-chain sustainability data is elusively difficult but nevertheless is necessary to manage and mitigate ESG risk and also required as new regulations oblige companies – and their investors – to declare the impact their logistics services are having on the environment. The challenge has its root in the huge multitude of companies that comprise even a single supply chain. Mostly…
Auditing Body Proposes ESG Data Standards to Match Those for Financial Reports
Data assurance services are forecast to be in huge demand as ESG reporting regulations expand and overseers seek to strengthen confidence in the information used by financial institutions and other stakeholders. Big accounting firms and smaller assurance providers alike are girding for new rules that will require companies to have their regulatory data audited in…
Graph Technology Supports Financial Institutions with Indirect Emissions Reporting
Solution Architect Dr. Michael Moore, Ph.D. outlines how graph tech supports financial institutions working to meet Scope 3 carbon reporting requirements. Under the Greenhouse Gas (GHG) Protocol, financial services institutions will soon be tasked to estimate and report their carbon emissions, not just ‘Scope 1 and 2’ activities, but new Scope 3 activities that extend…
New Law May Have Quietly Improved ESG Data Outlook for UK Investors
A little-noticed insertion into the biggest shakeup of UK financial law in generations is expected to bring greater clarity to the way ESG data will be reported and government’s role in green finance. The Financial Services and Markets Act (2023) – known as the FSMB, its initials when the law was a bill awaiting royal…
EthicsGrade Measures the ESG Risks of ESG Technology
Technology is providing companies with the tools to improve their ESG performances. But could that tech itself be undermining some of those gains, could it be having unforeseen negative impacts? When the question occurred to technologist Charles Radclyffe while working on AI for a major London investment firm, he discovered there was no way of…
ISSB Assumption of TCFD Brings a Global Reporting Code a Huge Step Closer
The set of climate reporting recommendations that are regarded as the go-to guideline for national regulators, companies and financial institutions alike has become the latest major piece added to an emerging global sustainability disclosure framework. From next year, companies that align with the Taskforce for Climate-related Financial Disclosures (TCFD) will be monitored by, and required…
Webinar Preview: Bringing ESG and Enterprise Data Together
ESG data is of greatest value when it is integrated with other data sets. The challenge is making that happen. With sustainability investors requiring ever-more nuanced and esoteric datasets to give them the most holistic view of their portfolios, the volume of non-standard and unstructured data they absorb into their systems is growing. Standardising, cleaning…
UK Issues Code of Conduct Proposal for ESG Ratings
Leading financial bodies have welcomed a proposed voluntary code of conduct for ESG ratings providers, which has been launched in the UK to improve confidence in a sector that’s growing in importance for financial institutions. The document, published on July 5, suggests a six-principles approach to bringing order to ESG ratings whose providers face criticism…
TNFD Signals Launch of Free Nature-based Data Repository
Investors could soon have access to two free, centralised repositories of sustainability data following the announcement by a leading biodiversity standards setter that it is mulling the creation of a publicly accessible knowledge store. The plan was announced as heads of state, bankers and environmentalists gathered in Paris to discuss ways of making the global…
ISSB Rules Hailed for Bringing Data Clarity, Comparability
The first fruits of the International Sustainability Standards Board’s (ISSB’s) 18 months of work hammering out a set reporting rules that could be applied globally has been welcomed by participants in the financial data and technology industries. The body’s first two sets of disclosure standards, described as “ground-breaking” by the board’s chair Emmanuel Faber, have…