Data Management Insight ESG & Sustainability The latest content from across the platform
TNFD Signals Launch of Free Nature-based Data Repository
Investors could soon have access to two free, centralised repositories of sustainability data following the announcement by a leading biodiversity standards setter that it is mulling the creation of a publicly accessible knowledge store. The plan was announced as heads of state, bankers and environmentalists gathered in Paris to discuss ways of making the global…
Industry Veteran John White Sets Up Data Management Advisory Firm, Watchdog Data Services
John White, former CEO of 3d Innovations, the market data products and consultancy organisation, has left the company to establish a new data management advisory firm, Watchdog Data Services, LLC, whose goal is to collaborate with key partners in offering clients a broad level of market data consulting and services. White is a long-term veteran…
ISSB Rules Hailed for Bringing Data Clarity, Comparability
The first fruits of the International Sustainability Standards Board’s (ISSB’s) 18 months of work hammering out a set reporting rules that could be applied globally has been welcomed by participants in the financial data and technology industries. The body’s first two sets of disclosure standards, described as “ground-breaking” by the board’s chair Emmanuel Faber, have…
Finastra, Green RWA Launch Free-to-Use Climate Risk Tool in Development Sandbox
Finastra has lent its FinTech expertise and capabilities to an initiative that’s building a model to help banks boost their resilience to climate risks. The London-based company has devised an interface that enables financial institutions, regulators and the public to access the Climate-Extended Risk Model (CERM) risk framework. Users, by their participation, also contribute ideas…
GLEIF Signals Intent to Join Global Project Designed to Digitise ESG Credentials of MSMEs
The Global Legal Entity Identifier Foundation (GLEIF), United Nations Development Programme (UNDP), and Monetary Authority of Singapore (MAS) have signed a statement of intent to embark on a collaborative initiative to develop digital Environmental, Social and Governance (ESG) credentials for micro, small and medium-sized enterprises (MSMEs) worldwide. The initiative, Project Savannah, hopes to lower the…
Sphera Launches Cloud-Based AI Climate Risk Tool
Investor clients of ESG risk management software provider Sphera can access the company’s new SpheraCloud Corporate Sustainability-Portfolio Management service. The product offers financed emissions and portfolio emissions data, using AI.
Finastra Unveils Bank Climate Sandbox with Green RWA
FinTech Finastra has partnered with Green RWA to create a tool that enables banks manage climate risks, including those facing their assets. The Climate-Extended Risk Model (CERM) Sandbox calculates physical and transition risks to its portfolio and loan book as well as its own operations.
Debut ISSB Standards May Usher New Era of More, Better ESG Data
Next week, the International Sustainability Standards Board (ISSB) is due to release the first of its proposals for non-financial disclosures, an event that could usher a new era for ESG data and reporting. The ISSB’s creation by the IFRS Foundation at COP26 in Glasgow, Scotland, two years ago offered the promise of a global framework…
ESG Standards and Taxonomies Remain in Flux, But Order is on the Horizon
The ways in which financial institutions receive the data they need to fulfil their ESG targets is determined largely by the regulations that cover its disclosure and dissemination. This year will be an important one in this respect; changes to existing regulations, and the taxonomies on which they are based, are due to be introduced,…
Recorded Webinar: ESG standards and taxonomies – A progress report
The development of ESG reporting and disclosure standards and taxonomies has progressed rapidly over the past few years, yet there is still no certainty on whether there will ever be measures that can be applied on a global basis. The EU leads the way in terms of ESG investment and regulation, ahead of Asia-Pacific and…