Data Management Insight ESG & Sustainability The latest content from across the platform
Planet, Accenture Tie-Up to Offer Supply Chain, Climate Risk Insights
Environment-monitoring satellite imagery firm Planet has teamed with IT giant Accenture to provide industries, including financial services, with AI-powered geospatial data tools. The combination of Planet’s high-frequency imagery data captured by its fleet of about 200 satellites and Accenture’s analytics is hoped to provide clients with deep insights into supply-chain and climate risks.
SFDR Ready to Take the Fizz Out of New Year For ESG Compliance Teams
New Year celebrations are unlikely to last long for Europe’s fund and asset managers; at the stroke of midnight when party poppers are pulled and prosecco corks are popped, regulations that force funds to disclose the ESG performance of their investments will suddenly become tougher. The European Union’s Sustainable Finance Disclosure Regulation (SFDR) will step…
RegTech Can Help Solve ESG Data Management and Trust Challenges
As demand for data grows with the acceptance of ESG as a critical part of financial institutions’ business and regulatory activities, focus will intensify on the quality of that information. Asset managers and owners will want the cleanest, most relevant and most comprehensive datasets to identify investment opportunities and risks and to comply with the…
Asset and Wealth Managers Demand Different ESG Data, SIX Survey Finds
Asset managers and wealth managers have divergent data needs for ESG investing, a new survey suggests. While asset managers want access to better and more varied granular data, their wealth-focused counterparts prefer packaged ratings, the survey by Swiss financial services company SIX found. At the same time, both expressed frustration at the shortage of information…
Fitch ESG Unit Expand Ratings on Covered and Structured Bonds
Sustainable Fitch has begun providing ESG ratings for labelled structured and covered bonds with an issuance value of US$100 billion. The metrics are the latest additions to Fitch Sustainable’s ESG Ratings, Data and Analysis unit, which has been offering data on $500bn of labelled and KPI-linked debt.
FCA Urges Refocus of Diversity Data, Reveals ESG Ratings Code Plan
The UK’s financial overseer has urged firms to review their use of data to improve their diversity and inclusion performance. Sheldon Mills, the Financial Conduct Authority’s (FCA) executive director for consumers and competition said firms are focusing too closely on gender and diversity, rather than socio-economic data. The call follows the FCA’s announcement that it…
Could do Better: Year-End ESG Data Reports Offer Mixed Picture
The growing importance of ESG to the financial system was reflected this year in a greater push among investors and asset managers to address challenges in the data and reporting environment. Several end-of-year snapshots of the ESG sector paint a picture of greater engagement by the financial community in the sources and quality of the…
Clamour for ESG Data Makes Good Management Crucial
ESG data is now core to banks’ and financial institutions’ operations, their compliance and risk processes and the products they offer investors. For that reason, it’s crucial that this data be managed properly and treated in the same way as other datasets. Without good data management, banks can be left commercially and legally exposed, vulnerable…
Recorded Webinar: The keys to ESG data management success
The transition to a more environmentally and socially sustainable world has created an urgent and strategic priority for the banking and capital markets sector. Driven by stakeholder pressures from investors, regulators and customers to prioritise ESG considerations in their corporate agenda, ESG has accelerated digital transformation and brought a renewed focus on firms to improve…
Companies Linked to Climate Risk Surges in Two Years, Says RepRisk
The percentage of companies whose business is at risk of climate impacts has risen 70 per cent in two years, according to technology provider RepRisk, which uses a variety of geolocated datasets to establish ESG hotspots around the world. Of those, 80 per cent were private companies. The number of companies at risk is now…