Sustainalytics Broadens its SFDR PAI Data Provisions to 13,000 Issuers

ESG research, ratings and analysis firm Sustainalytics has updated its data provisions covering key impact assessments necessary for European regulatory compliance. The company’s Sustainable Finance Disclosure Regulation (SFDR) Principle Adverse Impact (PAI) tool now cover 13,000 issuers. PAIs are a set of ESG impact tests against which financial institutions will be expected to gauge their investment decisions.

Google Cloud to Host Arabesque’s ESG Book

Arabesque has put its free-to-access sustainability scores and database ESG Book into the cloud. The Germany-based data provider and asset manager selected Google Cloud to host the service, which was launched late last year and put together by an alliance of banks and financial institutions. Google Cloud customers will be able to access ESG Book via the host’s Analytics Hub. ESG Book Chief Executive Daniel Klier said putting the service in the cloud would better enable access and “unlock both value and actionable, real-time insights”.

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.

MineHub to Add Coriolis Kosmos ESG Scores to Transaction Data

Blockchain trading platform MineHub is to apply Coriolis Technologies ESG scores to its metals and mining transactions. Coriolis’ Kosmos ESG scores will be added to transacting companies’ brand profiles and data sets. The deal follow’s MineHub’s creation of its MineHub ESG tool last year, which enables brands’ to include their ESG credentials in transactions as well as gather third-party certification of the data.

Derivatives Service Bureau Sets Timeline for 2022 OTC ISIN Consultation

The Derivatives Service Bureau (DSB) has set out the timeline for the 2022 industry consultation related to 2023 OTC ISIN and CFI service provision. The OTC ISIN consultation paper will be published on 29 April 2022, with industry being able to respond until 5pm UTC on 30 May 2022. The final results of the consultation will be published on 30 June 2022. The full timeline is available on the DSB’s website.

GLEIF Releases ebook The vLEI: Introducing Digital I.D. for Legal Entities Everywhere

The Global Legal Entity Identifier Foundation (GLEIF) has released an ebook, The vLEI: Introducing Digital I.D. for Legal Entities Everywhere. The ebook promotes use of the verifiable LEI (vLEI), which supports digitised organisational identity to meet global interest in automated authentication and verification of legal entities across industries including financial services.

The ebook presents an overview of the vLEI trust ecosystem, explains how the vLEI works, and explores the trust chain that safeguards the integrity of the system. It also describes how the Key Event Receipt Infrastructure (KERI) protocol, which supports a decentralised identify system, enables vLEI interoperability with all technology models.

Coriolis Tests Supply-Chain ESG Scoring Tool

Trade and supply-chain data provider Coriolis Technologies has begun trials of an automated ESG scoring tool that measures entity, supply-chain and jurisdiction performance against United Nations Sustainable Development Goals. The pilot, undertaken by 40 organisations under the banner of the Kosmos Working Group, seeks to develop standardised ESG scoring criteria, solutions, and methodologies.

S&P Global and IHS Markit Close $44 Billion Merger

S&P Global and IHS Markit have finalised their merger, a little more than a year since it was formally announced December 2020 and following regulatory approval for the companies to close the deal from the UK’s Competition and Markets Authority and the European Commission. The $44 billion merger, the biggest ever seen in capital markets, has created a financial data and analytics powerhouse that will benefit from increased scale, a wider product portfolio and a focus on high value adjacencies including ESG.

Bank of England and FCA Artificial Intelligence Public-Private Forum Publishes Final Report

The Bank of England and Financial Conduct Authority’s Artificial Intelligence Public-Private Forum (AIPPF), which was set up in October 2020 to share information and understand the practical challenges of using AI within financial services, has published its final report.

The report focuses on three areas of potential risk in AI systems – data, model risk, and governance – and explores barriers to adoption, challenges and risks in each of the areas. It also considers how to address these barriers and challenges, and mitigate potential risks, and provides examples of best practice. Ultimately, it aims to advance collective understanding and promote further discussion among academics, practitioners and regulators to support safe adoption of AI in financial services.

GoldenSource to Host FactSet ESG Data

Data provider FactSet’s content has been made available on GoldenSource’s ESG Impact service. Netherlands-based GoldenSource will in turn be listed in Factset’s Open: FactSet Marketplace, where more than 200 feeds, APIs and other products vie for the eyes of financial institutions. FactSet’s Tuvalu Labs ESG data will be included in the feed, which GoldenSource will combine with fundamental and reference data in its sustainability-focused EDM product.