Data Management Insight ESG & Sustainability The latest content from across the platform
FinTech Enabler Xignite Enters the ESG Space with Arabesque Data
Xignite, whose data APIs have helped fuel the fintech revolution, has entered the ESG space. A surge of inquiries during the coronavirus pandemic and growing regulatory oversight has convinced the company to offer ESG data scores and metrics to its customers. The San Mateo, California-based provider of data distribution and management solutions for financial services…
Vendor Strategy: Acuity Knowledge Partners Braces for Growth of ESG Business
Acuity Knowledge Partners has enabled its financial services clients to achieve more than US$3 billion in savings by providing research and analytics services that has streamlined their enterprise workflows and processes. The UK-headquartered company is now rapidly expanding its operations to do the same for those clients’ ESG reporting and management obligations. The data and…
Data Quality Remains ESG Hurdle, says Buy-Side Report
ESG data quality remains the biggest hindrance to buy-side financial institutions’ sustainability programmes, according to a new survey, which found low satisfaction rates among a range of data types. Just a quarter of 30 senior executives questioned on their ESG practices by sustainability research firm Verdantix said they thought the quality of ESG data offered…
SS&C Incorporates Sustainalytics ESG Data into its Advent Platform
Sustainalytics’ ESG data will be available to clients of SS&C’s Advent platform under a new deal struck between the companies. The arrangement will see the Morningstar company’s data used by Advent’s portfolio manager customers, enabling them to combine it with financial data. Connecticut-based SS&C said the data will be available on its Advent Genesis Platform…
Schwab Offers MSCI ESG Ratings to Clients
Investment giant Charles Schwab is to make third-party ESG data available to its customers. The Texas-based financial services firm will offer MSCI ESG Ratings through its web-based research too and via relevant stocks’ Schwab Equity Ratings Report. MSCI’s ratings are designed to gauge a company’s reliance to long-term ESG risks.
ESG360 Provides Moody’s Clients with ESG, Climate Risk Exposure Measures
Moody’s Investors Service has created a new platform to provide portfolio manager with ESG scores and models on private and listed companies. Moody’s ESG360, is described as an “easy-to-use” service that will enable clients to better understand the short- and long-term ESG and climate risks exposures.
FCA to Require Board Diversity Disclosure
The UK’s financial regulator, the Financial Conduct Authority (FCA), will expect listed companies to disclose board and executive committee diversity metrics in their sustainability reports. The finalised rule is intended to give investors transparency into the race and gender makeup of management teams. Companies will be required to make the declarations in their reports for…
Bloomberg, MSCI Launch First in Range of Climate-Transition ESG Indices
Data giants Bloomberg and MSCI plan to offer investors a suite of climate-themed fixed-income indices following the unveiling this week of the first batch of gauges designed to offer transparency into corporate net-zero transitions. The companies’ joint Climate Benchmark offering combines MSCI Climate data and analyses with Bloomberg’s fixed-income indices, providing assessments of corporate bond…
SBTi Warns Lack of Net-Zero Standards Will See Paris Goals Missed
The absence of standard global reporting structures has long been seen as an impediment to the effective allocation of resources into ESG-themed projects and products by financial institutions. Now they are finding similar handicaps as they try to navigate the net-zero transition space, according to a report by leading greenhouse gas reduction framework setter Science-Based…
EU Moves Closer to Creation of Green Bonds
The European Union took a step closer to enabling the creation of verified green bonds when council members approved a list of requirements that issuers must satisfy to be granted EU Green Bond (EuGB) status. The council said its members had agreed that a registration system and supervisory framework for external reviewers should be created….