The percentage of companies whose business is at risk of climate impacts has risen 70 per cent in two years, according to technology provider RepRisk, which uses a variety of geolocated datasets to establish ESG hotspots around the world. Of those, 80 per cent were private companies. The number of companies at risk is now 2,200, 1,500 of which are private, RepRisk said.
Volumes of investment in ESG products continue to rise, regulators around the world are putting rules in place, and the EU has, perhaps, first mover advantage with both ESG regulation and a taxonomy in place. This is significant progress in a relatively uncharted market, yet significant challenges remain for financial market participants keen to make...
Intercontinental Exchange (ICE) is seeking to establish itself as a leading provider of sustainability data, leveraging the information-generating potency of its market venue, clearing house and mortgage businesses. The Atlanta and New York-based company’s recent acquisition of a number of climate data services, however, underlines its plans to expand its multi-asset ESG information offering. From...
The ESG Data & Tech Summit will explore challenges around assembling and evaluating ESG data for reporting and the impact of regulatory measures and industry collaboration on transparency and standardisation efforts. Expert speakers will address how the evolving market infrastructure is developing and the role of new technologies and alternative data in improving insight and filling data gaps.
Entity data management is this year’s hot topic as financial firms focus on entity data to gain a better understanding of customers, improve risk management and meet regulatory compliance requirements. Data management programmes that enrich the Legal Entity Identifier with hierarchy data and links to other datasets can also add real value, including new business...
