Data Management Insight ESG & Sustainability The latest content from across the platform
Author of Greenwashing Survey Says Data is Needed to Stem the Scourge
A surge in greenwashing in the past year revealed by a new survey has highlighted the need for better data and metrics to help investors nurture the companies and project that will bring about net-zero and other sustainability goals, the report’s author has said. This year’s edition of ESG data science provider RepRisk’s annual greenwashing…
Recorded Webinar: How to develop a reporting framework for ESG disclosure regulation
ESG reporting is a challenge and additional burden for many financial institutions as regulations continue to evolve, ESG data management is complex, and global standards remain elusive. Helpful solutions include reporting frameworks that support the collection, understanding, and management of ESG data for disclosure. This webinar will provide practical guidance on how to build a…
Survey Finds Substantial Surge in Greenwashing
Greenwashing is on the rise within financial institutions, with a quarter of all ESG risk incidents linked to the scourge, up from a fifth last year, according to a new report. Sustainability science provider RepRisk found 148 cases of greenwashing in compiling its second annual report, which also found that 70 per cent of incidents…
ESG Pillar 3 Disclosure Tool Launched by ISS ESG
ISS ESG’s European bank clients can now take advantage of a tool designed to help them comply with a key sustainability regulation. The company’s ESG Pillar 3 ESG Solution provides templates and disclosure facilities to meet the European Banking Authority’s sustainability reporting standards. Clients can access the service through is own DataDesk as well as…
EthicsAnswer Creates ESG-Trained AI to Ease Disclosure Pain
A SaaS platform is using generative artificial intelligence (GenAI) to significantly reduce the burden of sustainability disclosure requests from investors and other stakeholders faced by chief sustainability officers (CSOs). Welsh company EthicsAnswer says its GenAI product will substantially reduce the time it takes for CSOs to complete ESG surveys and will improve accuracy. The tool is backed by a large-language model (LLM) that is trained on more than 46,000 publicly…
Financial Institutions Turn to AI and Cloud to Solve Data Challenges
Financial institutions are undergoing digital transformations that are seeing them harness the full potential of the huge volumes of data they generate. Importantly, to do that they are deploying the technologies that are already defining our era – artificial intelligence (AI) and the cloud. From streamlining back-office processes to informing front-office decision making, and from…
SAP Fioneer Launches Fist ESG Tool for FIs
SAP’s FinTech arm SAP Fioneer has unveiled its first ESG assessment tool for investment portfolios. The Fioneer ESG KPI Engine is available for on-prem or cloud-based platforms and enables banks and insurers to manage portfolios according to particular KPIs.
RIMM Appoints Former KPMG Sustainability Exec as Adviser
AI-forward ESG data and tech provider RIMM has appointed former KPMG sustainability executive Sue Bonney as a senior adviser. Bonney, who is also an adviser to communications firm Kite Insights and a non-executive director at non-profit responsible leadership mentor Forward Institute, will advise London-based RIMM on integrating ESG into investment strategies.
New Nature Data Disclosures Expected Under TNFD Proposals
A landmark report is expected to see stringent data disclosure rules placed on financial institutions to reduce their exposure to risks posed by biodiversity loss and help them direct capital to companies and projects that can restore waterways, forests and other natural features lost to human activity. The Taskforce for Nature-related Financial Disclosures’ (TNFD) final…
Webinar Preview: How to Develop a Reporting Framework for ESG Disclosure Regulation
The surge of new regulations covering the disclosure of ESG data has been accompanied by deepening confusion over how financial institutions and corporates should prepare for an evolving regulatory landscape. As these are new requirements, organisations are having to interpret for themselves how they can comply. There is a risk of misinterpretation and the potential…