A-Team Insight Risk Management The latest content from across the platform
ESG Data Uses Broaden as Flow of Information Increases
ESG data and scores are growing in importance as companies put it to wider use within their enterprises, beyond regulatory requirements. As well as being the cornerstone of meeting reporting regulations and guiding investors on capital allocation decisions, the data is increasingly being used in risk management and in setting business strategies, according to S&P…
IBA Pulls Carbon Data from the Air
Aviation data and advisory consultancy IBA is providing financial institutions and aviation market participants with the data and tools needed to help the industry reach net zero. The Surrey-based organisation is the first aviation-focused external reviewer aligned with Guidelines for Green, Social, Sustainability and Sustainability-Linked Bonds External Reviews published by the International Capital Market Association…
OneTrust Expands ESG Capabilities with Planetly Acquisition
Risk technology platform OneTrust has acquired carbon accounting startup Planetly, further expanding its ESG capabilities to help meet growing demand for climate-risk mitigation data. The American software giant will absorb the Berlin-based company, bringing Planetly’s carbon footprint management and reporting platform to 10,000 corporates from its present roster of 170 clients. Planetly Chief Commercial Officer Anna…
Supply Chain ESG Solution Launched by Sustainalytics
Sustainalytics has created Corporate Supply Chain ESG Solutions, a service that will enable clients to gauge the sustainability of companies in their supply chains. The Morningstar unit said the offering would help many industries assess, report and mitigate their ESG risks. The product is delivered through Sustainlytics’ ESG Assessment Platform and draws on the Amsterdam-based…
APAA ESG Risk Guide Stops Short of Mandatory Disclosures
The Australian Prudential Regulatory Authority has become the latest overseer to issue a guidance on banks’ management of climate risks in their portfolios. While its latest guidance offers advice on how institutions should approach the issue, it does not advocate mandatory ESG disclosures. Instead, the regulator said lenders should consider whether other “voluntary disclosures could…
Banks, Institutions Back ESG Book’s Free Data Project
An alliance of global banks, institutions and investors has launched ESG Book, a free source of information that its creators say will make sustainability data a public good. Companies will be able to freely access the data lake to help them report on their own ESG records and financial institutions will be able to use…
Confluence Bolsters Equities Analytics with AlphaBetaWorks Tech
ESG-data analysis specialist Confluence Analytics said it has enabled greater refinement of equities risk research with the integration of technology provided by AlpahBetaWorks. Pennsylvania-based Confluence said the deal would enable higher-level ESG risk modelling to be included in its ESG Signals and ESG KPI Forecasts products. The upgraded offerings “will address critical shortcomings of legacy…
Demand for muni ESG data is growing
Extreme weather, Covid and political unrest in recent years has focused investor attention on the ESG risks inherent in US municipal bonds. According to a recent survey by Bond Buyer, demand for information on muni issuers’ exposure to climate and other risks is growing. It found that 56 percent of 186 financial market participants and…
New TCFD Reporting Guideline Updates Welcomed
The first update to the Task Force on Climate-related Financial Disclosures’ (TCFD) guidelines since their drafting in 2017 has been welcomed across the ESG ecosystem as an important step in bringing clarity and rigour to corporate disclosures. The new measures were published with the TCFD’s latest annual status report, which showed that the number of…
Sustainalytics’ ESG Data Now Available on Bloomberg Terminal
Bloomberg has added Sustainalytics’ ESG Research and Ratings service to its terminal data product as the New York-based giant gears up its sustainability offering to financial institutions. Morningstar-owned Sustainalytics will supply its Risk Ratings data and Controversies Research reports, giving Bloomberg customers access to ESG risk management information and details on ESG-related incidents involving any…