Data Management Insight ESG & Sustainability The latest content from across the platform
Social Taxonomy Poses Data Challenges Say Experts
The European Union’s plans to create a Social Taxonomy will pose even greater data challenges than the framework created for financial institutions and companies to report on their environmental impacts. Experts warn that the lack of concrete data on issues such as diversity and modern slavery will make the process of formulating the regulation slow…
Real Estate ESG Intelligence Firm Deepki to Boost Data Capabilities After New Funding Round
Property data intelligence and carbon accounting company Deepki is looking to boost its data and technology capabilities after raising €150 million (US$165m) in its latest funding round. The London- and Paris-headquartered company is on the scout for acquisitions among internet-of-things (IoT) and other data-gathering technologies to help bolster its emissions monitoring and reporting service for…
What is Digital Transformation and How Do You Get it Right?
While financial institutions are grasping the opportunities offered by the digital transformation of their activities, a number of impediments are hampering some from extending the strategy to their operations teams in the back office. A stubborn corporate culture, fear of change and a lack of planning are just some of the challenges cited by industry…
Impact Cubed Unveils Fund ESG Assessment Tools
ESG data and investment aid provider Impact Cubed is now offering clients tools to measure and assess the impact of their fund holdings. The new addition to its automated platform also enables financial institutions to report their investments’ ESG performance to regulators. Additionally, pension funds, wealth managers and family offices will be able to keep…
Data Firms See Benefits From ISSB, GRI Coordination
Data vendors and managers have welcomed a recent tie-up between two major global ESG standards setters, saying the move would bring clarity to the opaque sustainability reporting space. Leading companies in the ESG data space said the memorandum of understanding signed between the International Sustainability Standards Board (ISSB) and Global Reporting Initiative (GRI) would lead…
Many Firms Are Not Data-Ready for SFDR Level 2
Many financial institutions have yet to grasp the data implications of the European Union’s ESG reporting regulations, while others are scrambling to put in place processes to comply with the developing set of disclosure rules. That’s the observation of professional consultancy ACA Group, whose ESG Regulatory and Governance Lead Dani Williams said the company is…
ElysianNxt Wins A-Team Group Award for Most Innovative ESG Regulatory Reporting Solution
ElysianNxt, a provider of real-time solutions for finance and risk, has developed an ESG reporting platform designed to provide a 360-degree view of the impact of ESG on risk metrics, built using the latest technologies and techniques, and able to accelerate regulatory reporting to real time. The platform won the award for Most Innovative ESG…
Bloomberg Wins A-Team Group Award for Most Innovative ESG Data Solution
Bloomberg has won the award for Most Innovative ESG Data Solution in A-Team Group’s Innovation Awards 2022. The awards celebrate innovative projects and teams across vendor and practitioner communities that make use of new and emerging technologies to deliver high-value solutions for financial institutions in capital markets. Bloomberg’s ESG data solution was selected as a…
Climate Risk Data and Models: Why They’re Important and How Banks and Vendors are Handling Them
Financial institutions are using increasingly sophisticated data and analytical tools to identify and measure the risks that climate change poses to their investments and operations. Data providers including Institutional Shareholder Services (ISS), Baringa and Bloomberg, as well as risk-management and controls specialist Acin, are offering their financial clients solutions that can help them track and…
SIX Moves into Aggregation Space with Sustainalytics Partnership
Swiss financial data expert SIX has made a significant step into the data aggregation space with the signing of a deal that will see it include Sustainalytics content in the company’s ESG offering. Company data from Sustainalytics, a Morningstar company, will be incorporated into SIX’s regulatory reporting service, particularly the European Union’s Sustainable Finance Disclosure Regulation (SFDR) and Taxonomy….