ISS ESG Wins Contract to Supply Climate Data to Euro Central Banks

Institutional Shareholder Services’ ISS ESG has been selected to provide climate-related data to the German Bundesbank and potentially all other European Union euro area’s 19 central banks. The data will be used under a framework devised by the Eurosystem of central banks, enabling them to put in place a common position in climate-related investment principles for non-monetary policy portfolios (NMPPs), the company said. Disclosures on the NMPPs are expected to begin early next year.