Data Management Insight ESG & Sustainability The latest content from across the platform
Singapore Launches Platform to Host Reported ESG Data
Financial institutions in Singapore will soon have access to AI-powered digital tools that will help them “collect, access and act upon” ESG data. Grnprnt, which is pronounced Greenprint, has been created by the city’s Monetary Authority (MAS) to help corporates automate the reporting of sustainability data that financial companies can then incorporate into their own…
UK Seen Timing Ratings Regulation With EU Decision
The UK is expected to announce a new regime for overseeing ESG rating providers, a move that comes hard on the heels of a report indicating continued frustration with the metrics among investors. Ministers are expected to unveil their proposals early in 2024, following industry consultations earlier this year and months after the nation’s regulator said it…
CFAI Teaches Finance Professionals Nuts and Bolts of ESG Analysis
The issuers of a world-renowned accreditation for financial analysts said that demand for specific expertise in sustainable investing is growing despite recent criticism of ESG. The CFA Institute (CFAI), which issues charters that are recognised as a mark of financial analytical proficiency the world over, is offering a certificate in sustainable finance. It will teach…
Apex Group to Help Private Markets With MJ Hudson ESG Purchase
Apex Group will harness the ESG data and advisory firepower of its recent acquisition to capitalise on an expected surge in reported sustainability data in its services to private markets, which account for at least a third of financial institutions’ investments. The investor services company’s purchase of MJ Hudson’s ESG software and advisory team boosts…
Iceberg Data Labs Confident its Model is Filling ESG Gaps
There’s no doubting Matthieu Maurin’s confidence in his company’s ESG data model. The founder and chief executive of Iceberg Data Labs, a fast-growing ESG data start-up that has netted clients such as Euronext, Aviva and HSBC in just four years of operations says it is solving for a range of challenges that keep chief data…
UK Said to Propose Regulation of ESG Ratings Providers
The UK is to unveil plans to regulate ESG ratings providers, according to a report in the Financial Times. The proposal is expected to be announced in January, the report said Whitehall citing sources. Any such submission would indicate a change of approach by the country’s regulators, who until now have suggested only that firms…
Australia Publishes Proposals for Sustainable Finance Strategy
Australia has outlined its proposed Sustainable Finance Strategy, including a taxonomy to help create a net-zero framework and a labelling system for green investment products. The Treasury set out its plans in a consultation document that had been promised in December last year. It calls for transparency in reporting climate impacts and materiality. Like its…
Investor Concern as Companies Found to be Ill-Prepared for ESG Data Assurance
Many companies lack the policies, skills and systems to ensure the ESG data they pass to investors and regulators is accurate and clean, according to a new survey. Just one in four companies questioned by KPMG in its inaugural ESG Assurance Maturity Index said they were confident they could provide assurance on their data, a…
S&P-Oliver Wyman Tie-Up Adds Physical Risk to Climate Data Service
S&P Global Market Intelligence has added climate-related physical risk metrics to its Climate Credit Analytics tool in a tie-up with management consulting firm Oliver Wyman. The product will be powered by S&P Sustainable1 data on more than 20,000 companies to help financial institutions assess their portfolio exposure to the risks associated with climate change. Climate…
ESG Book Develops EM Data Tool for FII
Sustainability data and technology firm ESG Book has developed a new service for The Future Investment Initiative (FII) Institute designed to improve ESG data generated from emerging markets. Non-profit FII enlisted the Germany-based data vendor to create the Inclusive ESG Score to help companies within the regions better report on their sustainability efforts. It is…