ESG Insight Blogs The latest content from across the platform

Diginex-SGS Alliance May Offer Comfort to ESG-Worried Auditors

With nascent regulations stressing the need for ESG disclosures to be included in corporate financial reports, the role of auditors in the process is coming under scrutiny. That was recognised this week with the Institute of Internal Auditors (IIA) in the US praising a declaration by the National Association of Corporate Directors (NACD) that recognised…

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…

Data Needs Lead Boutique Asset Manager Triodos IM to Take Hands-on Role

For a boutique asset manager, impact-focused Triodos Investment Management gets lots of air time. The recent winner of a MainStreet Partners ESG Champion of 2022 award, the Dutch manager makes no bones about putting its philosophy where its mouth is. The firm recently signed an open letter calling for reform of the European Union’s Common…

ESG Reporting Has Come a Long Way, but Has Further to Go

Huge steps have been made in recent years to bring ESG reporting standards up the level of reported financial information – but there’s a long way to go yet. A shortage of data, a lack of harmonisation on standards and the sheer number of vendors are among the key challenges facing the industry as regulators…

‘S’ Set to Emerge From E’s Shadow in 2022, But Concerns Remain

Social impact investing is set to emerge as a driving force in sustainable finance this year, with financial institutions expected to consider more than just climate risk in their investment decisions. Data vendors and ratings companies forecast that social factors will become more important in 2022 and that regulators will begin placing more focus on…

The View in 2022 – Another Pivotal Year in ESG

In many ways 2021 was a watershed year for ESG. The European Union’s implementation of Sustainable Finance Disclosure Regulation (SFDR) began in earnest and other regulators around the world – especially in the UK – indicated they may soon follow suit. The COP26 United Nations climate summit later in the year provided a galvanising impetus…

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…

Vendor Strategy: Orenda Sifts Through Funny Cat Videos For ESG Data Gold

The sustainability movement that is transforming financial services was kick-started by growing public outrage at the impact of human activities on the natural world. In the days before the internet, those feelings were articulated in protests, newspaper articles, books and a huge variety of media and public pulpits. Today, that disparate global forum has coalesced…

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…

ESG Book Accelerates Move Towards Free Data

A movement to make ESG data freely available just took a huge step. ESG Book was launched last week by an alliance of international banks and financial institutions including HSBC, Deutsche Bank and The International Finance Corporation (IFC), offering to public view the disclosures of more than 9,000 companies. Frankfurt-based data vendor Arabesque created the…