Data Management Insight ESG & Sustainability The latest content from across the platform
EU Taxonomy Posing Data Challenge to Corporates and Financial Firms
Two years since its publication, the European Union’s Taxonomy remains a milestone in sustainable investment standards. Part of the EU’s Green Deal to direct private finance towards the projects that can slow global warming and alleviate its impacts, the Taxonomy is designed to provide benchmarks on what can be considered a green or sustainable economic…
A-Team Group-Partnered Publication Looks into the FinTech Crystal Ball
Charting the digitalisation of the financial industry is the beating heart of what we do at A-Team Group. And we are delighted and proud to have had the opportunity to take our messaging further, for the first time co-producing a special supplement on the Future of Finance in a major British national newspaper. The “Future…
Regulators and Anti-ESG Forces Put Data Providers Under Spotlight
ESG data providers have every right to feel under attack. On one side are the regulators, who have made it clear they plan to keep companies like MSCI, Sustainalytics and SIX under their gaze amid concern that assets and funds are being greenwashed. More recently, however, anguished cries of foul play have come from conservative…
Finbourne to Offer Denominator DEI Data on its LUSID Platform
Financial institutions have a new way to assess the S factor in their ESG investments. Finbourne Technology has signed a deal to offer Denominator’s diversity, equity and inclusion (DEI) data to the buy-side. The information will be integrated into Finbourne’s LUSID investment management platform.
TCS Tests Model to Fill Gaps in Supply Chain ESG Data
Business IT giant Tata Consultancy Service (TCS) is using digital technologies to assess corporates’ supply-chain sustainability performance. The service is designed to help financial institutions and organisations manage their ESG portfolios, calculate climate and social risks, and meet regulatory obligations. While the initiative is still at the early stages of development, TCS Sustainability Director for…
Coriolis Brings ESG Trade Finance Data to TradeSun Partnership
Trade finance data specialist Coriolis Technologies is to provide sustainability content to RegTech vendor TradeSun, a move that comes as regulators tighten controls around reporting supply-chain ESG performance. The UK-based company will feed TradeSun’s financial institution clients with ratings and scores generated by its ESG Tracker service, which covers companies linked to import and export…
EFAMA Supports Move Towards Global Reporting Standards
Europe’s asset management industry has backed calls for globally aligned sustainability reporting standards. The call from the European Fund and Asset Management Association (EFAMA) came in a written response to a position paper from the European Financial Reporting Advisory Group (EFRAG) of private companies. It said that investors can only help bring about zero-emissions strategies…
Oxford Academics to Probe Climate Data Quality Challenges
An academic study by the University of Oxford is probing the challenges associated with climate data used by financial institutions, including what constitutes good quality information. The research by the Oxford Sustainable Finance Group (OSFG) hopes to be able to establish a baseline for ESG data quality that will provide financial firms with the tools…
Data is Holding Back ESG Sleeping Giant Africa
Africa is shaking off its reputation as an ESG backwater. Major index compilers now offer ESG equities indexes, governments are encoding sustainable finance regulations and green investments are rolling in. Holding back the development of a flourishing sustainable finance market in this ESG sleeping giant, however, is the absence of good quality ESG data. While…
Why ESG Data Is the Key to Connecting Next Generation Investors
By Marion Leslie, Head of Financial Information, Member of the Executive Board, and Executive Board Lead for Sustainability at SIX Group. Last year saw record inflows for ESG in passive investing, as $391 billion poured into ESG ETF assets, up nearly 100% from 2020 and ten times as much as in 2017, according to Statista research. There is…