Data Management Insight ESG & Sustainability The latest content from across the platform
Denominator Helps Finbourne Plug the DEI Gap for Conscientious Investors
Anders Rodenberg, chief executive of social metrics and data provider Denominator, responds with his own question when asked why diversity, equity and inclusion (DEI) considerations should matter to investors. “Is it right that an asset manager who gets half their money from women should invest in companies that don’t have a single woman on its…
ESG Data Industry Welcomes Latest UK Disclosure Guidance
New ESG data recommendations by the UK’s accounting watchdog have been welcomed by leading data providers and users, who said the guidance provides a clear pathway to better sustainability disclosures. The Financial Reporting Council’s FRC Lab said its guidance on the production of ESG data was necessary because the sustainability data space was “less mature”…
Clarity AI Partners With BlackRock’s eFront on ESG Analytics for Private Investors
Sustainability tech company Clarity AI has begun providing analytics to private equity investors to meet growing demand for ESG data and analysis from the alternative finance sector. The New York-based company will leverage its sustainability data on about 30,000 firms to create sustainability benchmarks for use by private investors on BlackRock’s eFront platform. Clarity AI…
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…